OpenAI is shaking up its corporate structure to bring in new investors and accelerate the development of artificial general intelligence (AGI). During a Monday press call, OpenAI announced it is converting its subsidiary limited liability company (LLC) into a public benefit corporation (PBC). This will allow the nonprofit OpenAI to…

Treasury Secretary Scott Bessent on Monday said at an investor conference that President Donald Trump’s policies will drive economic growth. Bessent delivered remarks at the Milken Institute Global Conference and participated in a question-and-answer session with Chairman Michael Milken, in which he touted the administration’s progress in the more than three…

Some companies have been adjusting their workforce as they simultaneously embrace artificial intelligence and automation more, according to Forbes. The outlet reported over the weekend that Duolingo, UPS, Klarna, Cisco and Inuit are among some of the firms that have demonstrated that trend.Duolingo recently said it was striving to be “AI-first,”…

A damning report has found that air traffic controllers briefly lost radar and radio signals while guiding planes to Newark Liberty International Airport in New Jersey last week. Bloomberg first reported on Monday that air traffic controllers lost signal for nearly 90 seconds on April 28, shortly before the airport…

Polestar is recalling more than 27,800 of its Polestar 2 electric vehicles in the U.S. over the risk that their rearview camera display might not show an image while backing up. The electric vehicle maker said in a report submitted to the National Highway Traffic Safety Administration (NHTSA) that the…

OpenAI announced on Monday that the artificial intelligence (AI) giant is scuttling its plan to move the company away from a nonprofit structure to becoming a for-profit company. The ChatGPT-maker created a for-profit limited liability company (LLC), which it will now convert into a public benefit corporation that considers the…

President Donald Trump on Sunday announced that he’s directing federal agencies to reopen the prison at Alcatraz after rebuilding and expanding the prison that was shuttered over 60 years ago and currently serves as a museum and tourist destination in the San Francisco Bay Area. The maximum-security federal penitentiary at Alcatraz…

Sen. Bill Hagerty, R-Tenn., recently got the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act regulating stablecoin “hotlined” for a quicker Senate vote process, just as Democrats began raising both political and policy concerns about the legislation they previously supported. “The GENIUS Act (Guiding and Establishing National Innovation…

Berkshire Hathaway’s Warren Buffett over the weekend announced plans to step down as chief executive starting next year. Greg Abel, the vice chairman of non-insurance operations at Berkshire, received unanimous approval from the board to succeed Buffett, who, after more than half a century, plans to relinquish the top job. Abel…

Investing in the market is a lifelong endeavor — the sooner you start, the better off you will be.                Looking at the last hundred years, it seems like an easy decision.  Since the late 1970s, anyone would take all the gains in the S&P 500 against the occasional loss.…