Companies
The Beekeeping Ex-Privacy Lawyer Challenging Perceptions as OnlyFans CEO
Plus, Meta needs to convince skeptical consumers it’s trustworthy if its powerful new Muse AI agent is going to succeed.
Trading Floor newsroom
Market and business briefs compiled by the Trading Floor desk from reporting across the industry. Every brief names and links the outlet that first reported the story.
- Stocks
OpenAI's latest AI revelation is a 'serious situation,' Microsoft's Suleyman tells CNBC
Suleyman joined "Squawk Box" to discuss OpenAI's latest incidents of "concerning model behavior" disclosed earlier this week.
- Stocks
Swiss sports brand On signs Kylian Mbappé in blow to Nike
Group targets long-term partnership with French star, similar to relationship with tennis great Roger Federer…
- Economy
Fed staff should have known Silicon Valley Bank was vulnerable, new report finds
Fed Vice Chair for Supervision Michelle Bowman said a new report indicates the central bank's staff missed signs ahead of Silicon Valley Bank's 2023 failure.
- Companies
AI Startup Manus Seeks to Raise $500 Million and Weighs Hong Kong IPO
EXCLUSIVE: The company is seeking to raise capital in a funding round that could value it at around $4 billion, according to sources.
- Personal Finance
I’m in my 50s. My mother died from Alzheimer’s. Do I need long-term-care insurance?
“By the time my mother died, the insurance company had paid out almost $600,000.”
- Currencies
BOJ’s Rate Rise Triggers Yen Selling and a Likely Concern For Treasury’s Bessent
The Bank of Japan answered U.S. Treasury Secretary Scott Bessent’s call to raise rates, but the yen still weakened, potentially creating a new concern for Bessent, who helped lead the first coordinated support for the yen since 1998 earlier this summer.
- Commodities
Oil Prices Fall for Third Day as Saudi Supply Concerns Ease Slightly
Oil prices fell for a third day Friday, with WTI crude slipping below $100 a barrel as expectations of restored Saudi pipeline flows eased immediate supply concerns.