BUSINESS

At Davos, AI hype gives way to focus on ROI

Hello and welcome to Eye on AI. In this edition….a dispatch from Davos…OpenAI ‘on track’ for device launch in 2026…Anthropic CEO on China chip sales…and

BUSINESS

EU and Mercosur bloc of South American nations sign trade deal to end quarter-century of talks, just as Trump hits Europe with new tariffs

The European Union and the Mercosur bloc of South American countries formally signed a long-sought landmark free trade agreement on Saturday, capping more than a quarter-century of

BUSINESS

If your phone is on SOS (and you can see this), yes, Verizon is having a major outage across the U.S.

Many Verizon customers encountered a widespread outage on Wednesday, disrupting calling and other cellular services across the U.S. The carrier acknowledged that there was an “issue impacting

BUSINESS

Iran edges closer to a revolution that would reshape the world

As protesters pour into the streets of Iran night after night, leaders across the region and around the world are grappling with the possibility that

BUSINESS

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The Department of Homeland Security’s deployment of more than 2,000 Immigration and Customs Enforcement officers and agents—the largest such enforcement action in U.S. history—turned fatal

BUSINESS

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The OECD announced Monday that nearly 150 countries have agreed on the plan, initially crafted in 2021, to stop large global companies from shifting profits

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Bridgewater Associates’ flagship money pool posted record gains, while D.E. Shaw & Co.’s strategies soared as much as 28% to rank among the biggest hedge

BUSINESS

‘I opened her door and the wind caught me, and I went flying’: The U.S. Arctic air surge is sweeping northerners off their feet

A surge of Arctic air brought strong winds, heavy snow and frigid temperatures to the Great Lakes and Northeast on Tuesday, a day after a

BUSINESS

Peter Thiel and Larry Page are preparing to flee California in case the state passes a wealth tax

Tech billionaires are making plans to bail on California ahead a possible ballot measure that would tax their assets to help pay for healthcare. Sources

BUSINESS

Pennsylvania nursing home rocked by deadly explosion on Christmas Eve

A thunderous explosion Tuesday at a nursing home just outside Philadelphia killed at least two people, collapsed part of the building, sent fire shooting out