About 50,000 adjustable dumbbells sold at Walmart have been recalled after reports of injuries, federal safety officials said.
The Consumer Product Safety Commission said the FitRx SmartBell Quick-S… [+1970 chars]

About 50,000 adjustable dumbbells sold at Walmart have been recalled after reports of broken toes, bruises and lacerations from dislodging weight plates.

Fox Business

Walmart recalls about 50,000 adjustable dumbbells after weight plates dislodge, causing injuries - Fox Business

Silicon Valley’s biggest egos are about to get a reality check from a no-nonsense Bay Area judge who doesn’t care how rich they are. 
When Elon Musk and Sam Altman square off in a high-stakes courtr… [+3206 chars]

When Elon Musk and Sam Altman square off in a high-stakes courtroom clash next week, they’ll be staring down US District Judge Yvonne Gonzalez Rogers — a judge with a reputation for swatting …

New York Post

Elon Musk and Sam Altman head to court with tough ‘Judge Judy’ firing warning shot at billionaires - New York Post

A tech banker really, really wants Anthropic shares.
The hunt for shares in Anthropic has become so frenzied in recent weeks that Storm Duncan is offering up his $4.8 million Marin County estate in … [+3622 chars]

Tech banker Storm Duncan already owns shares of Anthropic but wants to double down on the hot AI company.

Business Insider

A banker wants to trade his $4.8 million California estate for shares in Anthropic. He's already gotten offers. - Business Insider

Utahs high-profile experiment with using an artificial intelligence system to renew prescriptions without physician oversight is facing its first major challenge as doctors in the state push back.
U… [+974 chars]

A Utah pilot to renew prescriptions using a bot faced backlash from the state's medical board, which called for an immediate suspension.

STAT

Utah medical board calls for immediate suspension of state’s AI doctor experiment - statnews.com

"We are not just a car company. We produce one-third of global smartphone components, we are a leading player in battery storage, solar panels, buses, and trucks. So BYD is an ecosystem," said Li.

With the price of fuel rising China's BYD says it is positioning itself to benefit from the global shift away from fossil fuels.

BBC News

China car giant BYD says it can thrive without US - BBC

United Airlines CEO Scott Kirby says that they’re in discussions with another airline about acquiring assets
.
And as I look at assets, maybe they will, maybe they wont come available. Weve actuall… [+2018 chars]

United CEO Scott Kirby says the airline is in talks to buy assets from another carrier, a remark that immediately raises the question of whether he means pieces of Spirit or JetBlue. United has been openly hunting for ways to strengthen weak spots in Florida …

Viewfromthewing.com

United CEO Says He’s In Talks To Buy Assets From Another Airline - View from the Wing

Intelstock had surged to a record high on Friday as the chip makers strong recent rally looked set to reach another level after its first-quarter earnings.

Intel shares were up sharply in premarket trading Friday after the chip maker reported strong first-quarter results.

Barron's

Intel Stock Surges 23% After Earnings, On Track for Record Close. Can AI Drive It Higher? - Barron's

Nvidia shares closed at a record on Friday for the first time since October, pushing the company's market cap past $5 trillion, as investors piled into the AI chip trade ahead of earnings next week f… [+1300 chars]

Nvidia's stock closed at its first record since October, as a rally in Intel pushed chipmakers higher.

CNBC

Nvidia stock closes at record, pushing market cap past $5 trillion - CNBC

In brief
<ul><li>Tennessee has become the second U.S. state to impose a sweeping ban on Bitcoin ATMs, which is set to take effect in July.</li><li>In March, Indiana imposed a ban on the machines, wh… [+2671 chars]

Tennessee has become the second U.S. state to outlaw Bitcoin and crypto ATMs, making it a criminal offense to own or operate the machines.

Decrypt

Tennessee Becomes Second State to Outlaw Bitcoin, Crypto ATMs - Decrypt

IHeartMedia Inc. is holding talks about a possible sale to Sirius XM Holdings Inc., according to people familiar with the discussions.
The talks are preliminary and theres no guarantee any deal will… [+153 chars]

IHeartMedia Inc. is holding talks about a possible sale to Sirius XM Holdings Inc., according to people familiar with the discussions.

Bloomberg

IHeartMedia Holds Merger Talks With Sirius XM as Radio Struggles - Bloomberg.com

The Trump administration is exploring using the Defense Production Act as part of a strategy to save the beleaguered Spirit Airlines, according to U.S. officials familiar with the discussions. 
Pres… [+3152 chars]

President Trump is open to some type of federal action, several sources told CBS News, and he has said publicly he'd "do it to save the jobs."

CBS News

White House mulls using Defense Production Act in Spirit Airlines takeover - CBS News

More partners are coming into the Giants’ ownership group.
Thrive, a New York-based investment firm, is in agreement to acquire an unspecified share of the San Francisco baseball club, its founder, … [+2748 chars]

More partners are coming into the Giants’ ownership group. Thrive, a New York-based investment firm, is in agreement to acquire an unspecified share of the San Francisco baseball club, its fo…

Giants sell stake in second recent ownership deal - New York Post

Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%.
<ul><li>Global news &amp; analysis</li><li>Expert opinion</li><li>FT App… [+420 chars]

Financial Times

A non-comprehensive list of companies that made less money than Jane Street last year - Financial Times

Story Highlights CEO Elon Musk admits that Teslas Hardware 3 cannot deliver unsupervised Full Self-Driving, contradicting years of false promises.New modification plans on electric vehicles and auton… [+106 chars]

Tesla ($TSLA) is now under pressure after its CEO, Elon Musk, admitted that millions of customers were sold Full Self-Driving (FSD) packages on promises that could never be kept. On

Tipranks.com

Musk Admits Tesla (TSLA) Full Self-Driving Claims Were Lies - TipRanks

Driving the news: Google is now committing a $10 billion cash investment at a $350 billion valuation for Anthropic.
<ul><li>This expands the deal between Anthropic, Broadcom and Google to access add… [+1360 chars]

The AI lab is their competition and their bet

Axios

Google's $40B Anthropic move is Big Tech's latest huge AI bet - Axios

Kevin Warsh, President Trumps nominee to lead the Federal Reserve, told lawmakers this week that inflation should be viewed through a different framework and the Feds own analysis of price changes ne… [+3645 chars]

Kevin Warsh, President Trump's nominee to lead the Federal Reserve, told lawmakers this week that inflation should be viewed through a different framework...

Yahoo Entertainment

Warsh says he wants the Fed to adopt a new approach to measuring inflation - Yahoo Finance

This article first appeared on GuruFocus.
Eli Lilly (NYSE:LLY) shares fell about 4% on Friday after data indicated its obesity drug prescriptions were trailing those of rival Novo Nordisk.
Eli Lill… [+859 chars]

Eli Lilly Slides on Weak Obesity Script Data, Wegovy Pulls Ahead

Eli Lilly Stock Falls. Novo Extends Lead in Weight-Loss Drug Race - Yahoo Finance

Fannie Mae and Freddie Mac are making a major change to how Americans may qualify for a mortgage.
The government-backed mortgage giants said Wednesday they will begin allowing loans evaluated using … [+2663 chars]

Fannie Mae and Freddie Mac will accept VantageScore 4.0 loans that factor in rent and utility payments, potentially helping more Americans qualify.