OpenAI rules out 2026 IPO; Altman calls it an ill-advised moment amid AI safety warnings
Altman tied the delay to rising AI safety concerns and the risk that public-market pressure would conflict with safety-driven decisions.
MarketWatch · +15 outlets
Altman, Musk and Amodei align behind calls to slow AI development
Previously rival AI leaders publicly endorsed Anthropic CEO Dario Amodei's call for more careful pacing of frontier model development.
Ft · +14 outlets
Fed rate decision and retail sales data headline the week ahead for markets
Investors are bracing for a possible rate hike at an unusually uncertain Fed meeting after stubborn August inflation data.
LancasterOnline · +14 outlets
Uber cuts 10% of workforce to fund a $10 billion robotaxi bet
The layoffs redirect spending toward autonomous ride-hailing as Uber faces mounting competition in robotaxis.
finance.yahoo · +12 outlets
PwC pools US and India operations in 40,000-person joint venture as AI pressures consulting
The restructuring combines outsourcing and advisory units as AI tools threaten traditional consulting revenue.
Ft · +2 outlets
India's central bank tells Tata Sons to list, setting stage for possible record IPO
The RBI rejected the conglomerate's appeal against a forced listing, which could become India's largest IPO.
Ft · +1 outlets
Disney reportedly eliminates 1,000 jobs as new CEO Josh D'Amaro pushes restructuring
The cuts are part of a broader restructuring effort under Disney's new chief executive.
Stocktwits · +9 outlets
Musk backer Vy Capital builds roughly $40 billion SpaceX stake
The low-profile venture firm has emerged as one of the rocket maker's largest shareholders ahead of a potential listing.
Ft · +1 outlets
Larry Ellison cancels plan to sell up to $7.5 billion of Oracle stock
The Oracle founder scrapped a trading plan that would have offloaded up to 50 million shares.
CNBC · +14 outlets
US diesel prices run 60% above pre-Iran war levels, squeezing farmers
Higher fuel, fertilizer and chemical costs are straining farm finances alongside elevated crude prices.
Fortune · +4 outlets
Oil tops $100 a barrel, with China seen as key to what happens next
US crude closed above $102 for its highest level since May, stoking renewed inflation concerns.
CNBC · +14 outlets
Goldman Sachs says Fed will raise interest rates next week
The bank reversed its stance, warning that rising rates do not necessarily mean falling US equities.
富途牛牛 · +14 outlets
Oracle licensing terms draw EU scrutiny similar to case that cost SAP concessions
European regulators are examining whether Oracle's software licensing practices mirror conduct already challenged at SAP.
finance.yahoo · +5 outlets
Boom-era PE funds will fall short of return promises, executives warn
Funds raised during the frenzied 2019 to 2021 period are expected to struggle to meet investor expectations.
Ft · +2 outlets
GM pursues US battery development as DOT attacks Ford over China ties
GM is building domestic battery supply chains for EVs and energy storage amid scrutiny of reliance on Chinese materials.
CNBC · +1 outlets
Inflation outpaces wage growth again, squeezing US paychecks
August consumer prices rose 3.4% year over year while wages grew just 3.1%.
CNBC · +13 outlets
Ticketmaster cuts 8% of global staff after strong Live Nation earnings
The ticketing unit trimmed headcount despite solid results at its parent company.
TicketNews
Meta asks AI employees to return to management roles after layoffs
The rehiring effort reflects how hard it is to replace experienced managers after cutting them.
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