The New York Times |
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Apple, Micron, OpenAI and A.I.’s Rough Summer14:15 Rising memory prices, more expensive iPads and a longer wait for OpenAI to go public: The sector that has driven markets skyward is hitting turbulence. Kalshi to Become a World Cup Partner as It Pursues More Growth14:15 The prediction market is betting that the association with the soccer tournament will help bolster betting volumes as it works toward an I.P.O. Ryanair Stops Charging for Parents to Sit With Their Children12:32 The airline said it had “reluctantly” changed course after a British regulator began investigating whether its fees were illegal. How a Jet Fuel Refinery Is Scrambling After the Iran War Oil Shock11:25 For a mega-refinery in Ulsan, South Korea, a top exporter of jet fuel to the West Coast of the United States and other places, weaning off Middle Eastern oil is no small feat. Intel’s Chip Business Shows Signs of Life After Years of Struggle9:45 It is the centerpiece of President Trump’s drive to make more chips in the United States, but the company still has a long way to go before it can be called a complete turnaround. The High School Pipeline to South Korea’s Chip-Making Fortunes9:45 Huge memory-chip profits from the global A.I. boom have increased interest in semiconductor factory work. But behind the hype are uncertain job prospects. Stocks in Asia Tumble as A.I. Uncertainty Jolts Tech Shares8:39 Stock markets across Asia tumbled, as investors continue to wrestle with whether the boom in artificial intelligence spending is overdone or just beginning. Iran Strikes Ship in Strait of Hormuz as Rubio Meets Gulf Leaders23:16 The attack, confirmed by U.S. and Iranian officials, came after Tehran threatened to disrupt traffic in the waterway and as Washington sought regional support for its peace agreement. OpenAI Leans Toward Holding Up I.P.O. Until Next Year22:42 The A.I. company’s advisers are pushing its chief executive, Sam Altman, to move slowly after SpaceX’s stock has been volatile and as the start-up grapples with financial challenges. Movement Through Strait of Hormuz Is Halted After Attack on Cargo Ship22:07 The strike on a vessel near the coast of Oman prompted a U.N. agency to pause an evacuation of ships from the Persian Gulf. Medical Journal Retracts Study Claiming Cancer Therapy Is More Effective When Given in the Morning21:33 In a notice flagging a series of problems with a clinical trial, the journal Nature Medicine said its editors “no longer have confidence in the integrity of the results.” SpaceX IPO Shows How Investors in Public Companies Are Losing Power18:40 SpaceX has joined a growing cohort of companies that use dual class share structures to ensure many shareholders have little say in how they are run. Chemours to Pay $450M in First Federal PFAS Settlement17:32 The settlement addresses the dumping of PFAS “forever chemicals,” which have been linked to cancer and other risks, by Chemours in several states. Apple Raises Prices on Macs and iPads Amid the A.I. Boom17:32 The tech giant cited the soaring costs of memory and storage chips as it increased prices more than $200 on some devices. Supreme Court Rejects Lawsuit Alleging Roundup Weedkiller Caused Cancer16:56 The court’s decision is likely to determine the future of thousands of lawsuits against Bayer, which manufactures the weedkiller, over similar claims. |
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