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Regulation/Government Policy
ChatGPT and Advanced AI Face New Regulatory Push in Europe
The breakneck pace of AI development in recent months requires rules tailored to powerful, general-purpose AI tools, a group of EU lawmakers said. Source link
Saudi Arabia, U.A.E. Scoop Up Russian Oil Products at Steep Discounts
Despite U.S. objections, the Gulf countries are using the Russian products internally, including for consumption and refining purposes, and exporting their own barrels at market
Berkshire Hathaway's Energy Idea Is a Bad Fit for Texas
Proposed changes to the state’s power market undermine its competitive, market-based design. Source link
SEC Targets Bittrex, Fallen Giant of U.S. Crypto Exchanges
Markets Currencies Cryptocurrency Seattle-based company, winding down American operations, is told it faces potential enforcement action Source link
Saudi Arabia Transfers Nearly $78 Billion of Aramco Shares to Wealth Fund
The second such transfer comes amid high oil prices and as the kingdom seeks to diversify its economy away from oil. Source link
Elon Musk Creates New Artificial Intelligence Company X.AI
The name of the new Nevada-incorporated organization suggests a link to the billionaire’s interest in an everything app. Source link
Elon Musk’s Towering SpaceX Rocket Set for Test Flight
Business SpaceX said it could try to launch Starship to space for the first time as soon as Monday Source link
Millions Gain Access to 401(k)s as More Small Businesses Launch Plans
Markets Personal Finance State mandates and the hot job market prompted the big increase in new retirement plans Source link
Teck Resources Again Rebuffs Glencore's $23 Billion Approach
The Canadian miner said its own plan to split into two independent companies was in the best interest of its shareholders. Source link
Boeing Pauses MAX Deliveries After Parts Problem
Business Plane maker said a supplier used nonstandard process to install parts Source link