SpaceX’s credit risk is driven by concerns over its borrowing spree
Unlock Editor’s Digest for free Roula Khalaf, editor-in-chief of the FT, selects her favorite stories in this weekly newsletter. A measure of credit risk at Elon Musk’s SpaceX hit a record high while its bonds fell after the Rockets-to-AI…
Japan attacks the country’s 4 largest beer producers
Japan’s brewing industry has been rocked by an investigation into price-fixing. Antitrust investigators raided the Tokyo offices of Asahi, Kirin, Sapporo and Suntory Spirits breweries on Wednesday. Japan Times reports. The four companies are the…
Diesel price rises after IEA says no additional fuel will come to market
Stay informed with free updates Simply register at Oil myFT Digest – delivered straight to your inbox. Diesel prices in Europe jumped 8 percent on Wednesday after the International Energy Agency said member states would not increase the 400 million…
Asian stocks fall as oil soars and yields weigh; Samsung declines despite record profit By Investing.com
Investing.com– Asian stocks fell broadly on Thursday as surging oil prices and high U.S. Treasury yields pressured risk appetite, while South Korea’s shares fell. Samsung Electronics slipped despite forecasting its highest quarterly profit on…
ChatGPT for Teens lets teens talk, even during mental health crises
Common Sense Media, a nonprofit organization that provides age-appropriate media and technology ratings and reviews for families, called ChatGPT for teens an “unacceptable risk.” The memo comes as chatbots like OpenAI’s ChatGPT have…
La loi No Surprises a protégé les patients des grosses factures médicales. Today, its arbitration system risks increasing costs.
A law designed to protect patients from surprise medical bills has succeeded in eliminating unexpected charges, but This practice ultimately increases health care costs for consumers, according to a CBS News investigation. The arbitration system created…
ChatGPT’s ‘Intelligent UI’ update populates its responses with images, graphics and buttons
OpenAI is launching a new intelligent UI feature in ChatGPT that allows the chatbot to answer your questions with interactive visuals. The update, which is rolling out to all users alongside GPT-6, gives ChatGPT the ability to combine a text response…
Samsung’s profit rises ninefold to $80 billion on demand for AI chips
Unlock Editor’s Digest for free Roula Khalaf, editor-in-chief of the FT, selects her favorite stories in this weekly newsletter. Samsung Electronics estimates its operating profit rose nine-fold in the third quarter as strong demand for memory…
Trump’s tariffs were supposed to reduce the trade deficit, but it is now the largest since Liberation Day.
“This is a national emergency that threatens our security and our way of life,” he said at the time. “This is a very big threat to our country.” But 17 months later, import taxes imposed by the administration have not made up for that deficit at all. In…
New York Fed: Americans are more pessimistic about their finances
Americans are increasingly worried about their financial outlook as they expect inflation to worsen in the coming year, according to a survey from the New York Federal Reserve released Wednesday. The central bank’s monthly survey of consumer…