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Trump admin pouring $480M loan into Gulf of America oil and gas project16:34 The U.S. Energy Department touted the financial close of a $480 million loan targeted at helping to boost oil and natural gas production in the Gulf of America. Anthropic targets valuation around $1T in blockbuster AI IPO, below initial expectation16:01 Anthropic s IPO targets up to $1.02 trillion, falling well short of the $1.5 trillion valuation previously discussed as Wall Street reassesses AI costs. Adobe, Google broaden AI partnership across creative and workplace apps15:28 Adobe Acrobat is coming to Google Drive and Gmail, while Google DeepMind s AI models will power new capabilities in Photoshop, Firefly and Premiere. Consumer inflation rises faster than expected in October, CPI report shows14:56 The Labor Department released the latest consumer price index data for October, which showed CPI inflation rose 0.4% on a monthly basis. California wealth tax on billionaires fails despite blue wave, in blow to progressives14:56 Governor Gavin Newsom urged voters to reject Proposition 40, citing its narrow spending focus, as California s billionaire wealth tax fell 52.8% to 47.2%. FDA orders new warning labels on Ozempic, Wegovy over rare risk of permanent vision loss14:21 The Food and Drug Administration now requires warning labels on Ozempic, Wegovy and other GLP-1 drugs over a rare eye condition tied to vision loss. Rewards platform Bilt announces 'next evolution' for American consumers, small businesses12:42 Bilt s new Neighborhood OS aims to help small businesses attract customers while expanding personalized rewards and loyalty benefits for consumers nationwide. More than 1.2M Ford vehicles under federal probe after safety feature causes severe burns, 10 injured1:23 Federal regulators are investigating more than 1.2 million Ford Explorers after reports that side airbags caused severe burns during crashes. California amusement park to close after more than 50 years0:16 Six Flags California s Great America in Santa Clara will close after its 2027 farewell season, ending more than 50 years of amusement park history. Nvidia case highlights risks of alleged 'honeypot' schemes targeting executives22:37 Security experts warn "honeypot" schemes targeting executives like Nvidia s Jensen Huang can expose trade secrets, strategic plans and national security. China denies spy plot targeting Nvidia CEO Jensen Huang, calls allegations ‘smear’18:44 China calls the alleged spy operation targeting Nvidia CEO Jensen Huang a "groundless" smear as Beijing pushes back against U.S. intelligence claims. Nvidia shares fall after investigation into CEO's relationship with alleged Chinese spy17:02 Nvidia s board launched an internal probe into CEO Jensen Huang s relationship with an alleged Chinese spy who reportedly passed info to Beijing. Fanatics, American Express debut credit card featuring sports stars9.listopadu Fanatics unveiled a new American Express credit card inspired by Topps trading cards, allowing sports fans to select their favorite athlete from more than 500 stars. Poppi founders look to disrupt hydration market with new electrolyte drink9.listopadu The founders behind Poppi are entering a new beverage category after their nearly $2 billion PepsiCo deal, betting they can replicate their soda success in the competitive hydration market. Bath & Body Works bets big on Middle America: CEO unveils major store revamp9.listopadu Rather than chasing big-city flagships, Bath & Body Works is rolling out its new store concept in Middle America as CEO Daniel Heaf reveals every location is profitable. |
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