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Luxury brands seek to lure America’s AI super-rich

By Elisa Anzolin and Helen Reid MILAN/LONDON, June 2 (Reuters) - European luxury brands have sharpened their focus on the United States, with a surge of store openings and fashion shows to lure a new crop of wealthy shoppers enriched by the AI and tech ...
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DriveNets secures $410 million in latest funding round, AMD joins as investor

June 1 (Reuters) - DriveNets, an Israeli networking software firm, said it has raised $410 million in its latest funding round led by Bessemer Venture Partners and Atreides Management, taking its total capital-raise so far to $1 billion. New investors AMD and Red Dot Capital ...
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Trading Day: Talks + tech = boom!

By Jamie McGeever ORLANDO, Florida, June 1 (Reuters) - Conflicting headlines on the U.S.-Iran ceasefire dominated world markets on Monday, with the big three U.S. stock indices eventually joining several key global benchmarks in an AI-driven rally to new highs after President Donald Trump said ...
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Duke Energy exploring tech partnerships to offset nuclear expansion risks

By Laila Kearney and Sumit Saha NEW YORK, June 1 (Reuters) - Duke Energy, one of the largest U.S. electric utilities, said on Monday it has talked to hyperscalers about the prospect of building new nuclear power if the technology companies take on some of ...
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Scott Pelley of ’60 Minutes’ accuses CBS News head Bari Weiss of ‘murdering’ the show, report says

NEW YORK (AP) - In a remarkable sign of the turmoil at CBS's top-rated "60 Minutes," correspondent Scott Pelley said CBS News head Bari Weiss was "murdering the show" and accused its new producer of having "slender qualifications" for the job, according to reports. Pelley ...
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Last call? States look to extend bar and restaurant hours during the World Cup

PROVIDENCE, R.I. (AP) - World Cup fans in a growing number of U.S. cities won't have an issue finding a well-poured pint to go with their late-night match. State leaders across the U.S. are signing off on extending bar and restaurant hours during the ...
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McDonald’s unveils new corporate strategy to make stores ‘easier to run’

By Waylon Cunningham June 1 (Reuters) - McDonald's is set to announce a new corporate strategy at a worldwide gathering for franchisees and suppliers in Las Vegas, the company said in a statement on Monday. The strategy, which the burger giant is calling "McDonald's>NEXT," focuses on ...
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Anthropic races toward a Wall Street debut with a confidential SEC filing

Artificial intelligence company Anthropic is moving toward going public on Wall Street, the latest chapter in its meteoric rise from a little-known research laboratory to one of the leading AI companies valued at $965 billion. Anthropic said Monday it has submitted a confidential filing with ...
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New Berkshire Hathaway CEO Greg Abel makes first deal since taking over from Warren Buffett

OMAHA, Neb. (AP) - Berkshire Hathaway's new CEO Greg Abel hinted that he may depart from Warren Buffett's longtime hands-off operating model at the conglomerate as he announced a $6.8 billion acquisition of homebuilder Taylor Morrison. Abel suggested in the deal announcement he plans ...
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Florida sues OpenAI and CEO Sam Altman, claiming company concealed serious risks of ChatGPT

MIAMI (AP) - The state of Florida filed a lawsuit against OpenAI and CEO Sam Altman on Monday, claiming the company knowingly released and aggressively marketed ChatGPT to the public while concealing serious risks. Florida Attorney General James Uthmeier said during a news conference that ...
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Exclusive-Iran war hands Syria windfall as airlines reroute over its airspace

By Feras Dalatey and Joanna Plucinska DUBAI/LONDON, June 1 (Reuters) - Syria recorded nearly 12,000 aircraft transits in May as regional airlines rerouted around airspace disrupted by conflict in the Middle East and into skies that most carriers had avoided for more than a ...
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Tesla withdraws termination notice on graphite supply deal with Australia’s Syrah

June 1 (Reuters) - Australia's Syrah Resources said on Monday Tesla had withdrawn a notice of intent to terminate a graphite supply deal, ending months of negotiations that saw the two companies extend a resolution deadline four times. Syrah aimed to supply 8,000 metric tons ...
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