Business

Elizabeth Warren pushes back on plan to get private equity into 401(k)s

Elizabeth Warren pushes back on plan to get private equity into 401(k)s

CNN  —  A typical 401(k) plan only offers stock and bond funds that invest in publicly traded companies. But private companies — traditionally the domain of institutional and high-net-worth investors — have become a significant part of the overall investing market. Do they belong as an option in workplace retirement plans, given that they are often more expensive and less …

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The Fashion Must-Have at ‘Billionaire Summer Camp’: A Humble Baseball Cap – The Wall Street Journal

The Fashion Must-Have at ‘Billionaire Summer Camp’: A Humble Baseball Cap  The Wall Street Journal Tech, stars and media leaders gather at annual Sun Valley Conference  KTVB Bay Area tech CEOs seen arriving at ‘summer camp for billionaires’  SFGATE See the Sun Valley swag that billionaires and CEOs got this year  Business Insider Sun Valley’s Media Lockdown Is Forcing Reporters to Go Gonzo  Vanity Fair …

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China Biotech’s Stunning Advance Is Changing the World’s Drug Pipeline – Bloomberg

China Biotech’s Stunning Advance Is Changing the World’s Drug Pipeline  Bloomberg China’s Biotechs Were The Small-Cap Rising Stars In H1 2025  insights.citeline.com China’s Biotech Sector Surpasses EU in Innovation  Sharecafe Watch Post-Hoc Live: Is China a threat or investment opportunity for the US?  Endpoints News As Chinese-developed drugs draw U.S. interest, a regulatory chill threatens to dampen new investment  STAT Source link

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Great, Grok is in cars now too

Great, Grok is in cars now too

Just a day after the xAI team issued a comprehensive apology and explanation about why its chatbot was spreading antisemitic rhetoric, Tesla updated its software for its cars to include the supposedly fixed Grok. According to Tesla, all new vehicles delivered on or after July 12 will have Grok available in-car. There’s no additional subscription cost, but Tesla is limiting …

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How Google Killed OpenAI’s $3 Billion Deal Without an Acquisition

How Google Killed OpenAI’s  Billion Deal Without an Acquisition

Google just dealt OpenAI a major blow by scuttling a potential $3 billion deal, and in doing so, solidified a rising trend in Silicon Valley’s AI arms race: the “non-acquisition acquisition.” Google announced on July 11 that it poached key talent from the rapidly rising AI startup Windsurf, which until then had a reported $3 billion acquisition deal with OpenAI …

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Tips to Make Vacations Cheaper

Tips to Make Vacations Cheaper

OK, so you want to travel like the Kardashians, but your budget is more like the Griswolds. You can still leave home, have a great time, and not break the bank. NPR has tips on common pitfalls to avoid, and things to try instead: Dream destination? Try ‘destination dupe.’ Yearning for Napa? Try sipping some Riesling in New York’s …

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Tim Cook Will Not Be Fired By Apple’s Board And Is Expected To Become Chairman, Asserting “An Even Tighter Grip On The iPhone Maker” Despite AI Stumbles, Innovation Slump, And Mounting Criticism

Tim Cook Will Not Be Fired By Apple’s Board And Is Expected To Become Chairman, Asserting “An Even Tighter Grip On The iPhone Maker” Despite AI Stumbles, Innovation Slump, And Mounting Criticism

Apple Intelligence failed to make a mark in the industry, as the company stumbles to keep its top executives on board amid other issues. Tim Cook has been accused countless times in the past of being a software person instead of a hardware person, as he has managed to introduce only a few devices after taking over the CEO position …

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