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Bessent highlights Trump economy, warns China has 'done a lot of kicking lately'19:11 Scott Bessent warns China has been "kicking" the U.S. on rare earth minerals and AI IP theft, comparing the rivalry to an underwater water polo match. Commerce Dept to demand equity from 7 tech companies as a condition to tap into millions in federal funding14:23 The Department of Commerce plans to require seven companies to fork over equity in order to obtain federal funding to develop technology. Netflix sued for $105M after Nicolas Cage WWII thriller goes missing, exposing leak risks11:10 A Swiss producer alleges Netflix lost an unencrypted copy of the unreleased Nicolas Cage film Fortitude, costing the project millions and triggering a $105 million lawsuit. Anthropic says AI models accessed systems of 3 real organizations during testing4:14 Three different Claude AI models accessed the open internet during cybersecurity testing and breached real organizations systems, Anthropic says. More than 120K refrigerators recalled after 34 fires and one reported death4:14 About 120,000 Galanz Retro Refrigerators sold at Home Depot and Amazon were linked to 34 fire reports and one reported death from electrical short circuits. Publix expands frozen berry recall amid E coli outbreak that sickened 123:10 Publix expanded its recall to all lots of certain GreenWise frozen berries sold in eight states as investigators widened an E. coli outbreak probe Apple posts record June quarter as iPhone sales surge; Cook weighs in on AI, China2:06 Tech giant Apple beats fiscal third-quarter earnings estimates with $109.4 billion in revenue as CEO Tim Cook prepares to depart the role in September. Robotic vacuums swept up in new US crackdown over national security risks23:27 Some Roomba-style robotic vacuums are now covered under expanded FCC security restrictions targeting advanced foreign-made robotics tied to national security concerns. About 1.5M rechargeable hand warmers recalled after 1 death, hundreds of burn injuries reported23:27 Recalled hand warmers were linked to 1,480 overheating incidents, including 15 fires, 350 burn injuries and the death of an 83-year-old consumer. Chipotle CEO says chain is making 'meaningful progress' on a major customer concern22:55 Chipotle CEO Scott Boatwright said Wednesday that the chain is seeing improved perceptions of affordability across income and age groups. Cyclospora outbreak dents Taco Bell sales but recovery underway, exec says22:24 Yum Brands reports Taco Bell sales fell 2% amid the cyclospora outbreak linked to iceberg lettuce, but CFO says declines moderated materially. CEO of steel company dies suddenly, just weeks after taking helm21:52 Brian Malloy died "suddenly and unexpectedly" just weeks after becoming CEO of the Philadelphia-based specialty materials manufacturer. Mortgage rates rise to one-year high30.července The average rate on a 30-year fixed mortgage rose this week to 6.66%, according to the latest Freddie Mac data released Thursday. That is up from last week s reading of 6.58%. Trump admin puts Obamacare Marketplace agents on notice for possible violations30.července The Centers for Medicare & Medicaid Services has claimed that 35% of ACA marketplace enrollments may be illegitimate, believing millions are receiving benefits improperly. |
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