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Trump calls on Intel CEO to resign

(WASHINGTON) -- President Donald Trump called on the CEO of Intel, Lip-Bu Tan, to resign "immediately.""The CEO of INTEL is highly CONFLICTED and must resign, immediately. There is no other solution to this problem. Thank you for your attention to this problem!" the president ...
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GM to import EV batteries from China’s CATL, source says

By Nora Eckert (Reuters) -General Motors will import electric vehicle batteries from Chinese battery giant CATL, a source familiar with the matter told Reuters on Thursday.  The arrangement is a stopgap for GM in the next couple of years as it works to manufacture its own lower-cost ...
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Ralph Lauren warns that tariffs will pressure margins, shares fall

By Savyata Mishra and Samantha Marshak (Reuters) -Ralph Lauren cautioned on Thursday that tariff-related costs would pressure its margins this year and said it was bracing to see how inflation was weighing on price-sensitive consumers, sending its shares down 7%. The comments overshadowed a rise ...
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ConocoPhillips to sell Anadarko assets for $1.3 billion; profit beats estimates

By Arunima Kumar (Reuters) -ConocoPhillips will sell its Anadarko Basin assets for $1.3 billion, the company said on Thursday, as it sheds non-core acreage following the Marathon Oil acquisition to reduce debt and focus on higher-margin basins. The asset sale, expected to close at the beginning ...
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Brazil auto exports to jump driven by Argentina; tariffs affect local sales

By Alberto Alerigi SAO PAULO (Reuters) -Brazil’s auto exports are set to grow much more than previously expected in 2025, automakers’ association Anfavea said on Thursday, crediting strong demand from neighboring Argentina for the upward revision to its forecast. The higher exports should help the industry ...
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OpenAI releases GPT-5, the latest model fueling ChatGPT

(NEW YORK) -- OpenAI on Thursday released GPT-5, unveiling a new version of the artificial intelligence model that fuels popular chatbot ChatGPT. The product will be made immediately available to users, including customers who use the company's cost-free options, OpenAI said.The announcement comes days ...
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OpenAI releases GPT-5, a potential barometer for whether artificial intelligence hype is justified

SAN FRANCISCO (AP) — OpenAI has released the fifth generation of the artificial intelligence technology that powers ChatGPT, a product update that’s being closely watched as a measure of whether generative AI is advancing rapidly or hitting a plateau. GPT-5 arrives more than two ...
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OpenAI launches GPT-5 as the AI industry seeks a return on investment

By Anna Tong SAN FRANCISCO (Reuters) -OpenAI launched on Thursday its GPT-5 artificial intelligence model, the highly anticipated latest installment of a technology that has helped transform global business and culture. OpenAI’s GPT models are the AI technology that powers the popular ChatGPT chatbot, and GPT-5 ...
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Nutrien expects more fertilizer use by farmers despite low crop prices

By Ed White WINNIPEG, Manitoba (Reuters) -Nutrien, the world’s top potash producer, expects increased fertilizer use by North American farmers this fall and a good global potash market in 2026 despite some crop prices at multi-year lows, company executives told analysts on Thursday. “We expect to ...
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Exclusive-JPMorgan denied it closed account linked to former Kansas governor on religious grounds, letter shows

By Nupur Anand NEW YORK (Reuters) -JPMorgan Chase denied it closed an account linked to former Kansas Governor Sam Brownback on religious grounds, and did not receive information it requested from him before shutting the account, according to a letter seen by Reuters. Brownback, a Republican ...
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Warner Bros Discovery posts surprise quarterly profit on ‘Minecraft’ hit, streaming gains

By Harshita Mary Varghese (Reuters) -Warner Bros Discovery posted a surprise second-quarter profit on Thursday, as the international rollout of HBO Max sent subscriber numbers climbing and blockbuster hits like “A Minecraft Movie” dominated the U.S. box office. However, shares of the company were down about ...
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US judge vacates Fed’s debit card ‘swipe fees’ rule, but pauses order for appeal

By Mike Scarcella (Reuters) -A U.S. judge has vacated the Federal Reserve’s “swipe fees” regulation that capped the amount banks charge merchants for processing debit transactions, in a ruling favoring retailers that have long complained about paying inflated amounts. The court ruling, issued by a federal ...
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