BUSINESS NEWS
- White House chief of staff to meet with Anthropic CEO about dangerous new Mythos model, official says
by Josh Boak, Matt O'Brien, The Associated Press on April 17, 2026 at 8:45 pmThe meeting comes after tensions have run hot between the Trump administration and the safety-conscious Anthropic.
- Oil is back to early war days, S&P 500 jumps to all-time high
by Stan Choe, The Associated Press on April 17, 2026 at 8:40 pmThe Dow Jones Industrial Average surged as many as 1,100 points before paring its gain to 868, or 1.8%. The Nasdaq composite climbed 1.5%.
- Something is different about Trump’s $1 trillion war on Iran and its stress on the national debt, Harvard Kennedy scholar says
by Sasha Rogelberg on April 17, 2026 at 8:01 pmDuring the wars in Iraq and Afghanistan, debt held by the public was around $4 trillion. Now it's $31 trillion, and 15% of the budget pays down interest.
- Exclusive: Adam Silver on winning the Edison Achievement Award: ‘Sports remind us that some of the most important forms of innovation are human’
by Catherina Gioino on April 17, 2026 at 6:48 pmThe NBA commissioner has an unlikely background to lead the league through crises and global expansion, but Adam Silver says executives should get hooped with some sports business know-how.
- Tether extends $127.5 million in funding to crypto platform Drift as critics blast rival Circle for failing to freeze hacked funds
by Jack Kubinec on April 17, 2026 at 6:43 pmThe move brought Tether goodwill among users of the Solana blockchain.
- Iran and White House say the Strait of Hormuz is ‘completely open.’ But it definitely isn’t—at least for now
by Jordan Blum on April 17, 2026 at 6:11 pmIran remains unwilling to give up its control over the Strait of Hormuz for now.
- OpenAI policy chief says AI companies ‘need to do a much better job’ talking about AI as industry leaders face personal attacks
by Jake Angelo on April 17, 2026 at 5:05 pmOpenAI global policy chief Chris Lehane is asking industry leaders to tone down the rhetoric.
- Illinois is OpenAI and Anthropic’s latest battleground as the state tries to assess liability for catastrophes caused by AI
by Jacqueline Munis on April 17, 2026 at 3:53 pmOpenAI is backing SB 3444, under which frontier AI developers would not be liable for the death or serious injury of 100 or more people or more than $1 billion in property damage.
- One man can kill Bill Ackman’s $64 billion bid for Universal Music Group— and no one knows what he’ll do
by Amanda Gerut on April 17, 2026 at 7:17 amThe $64 billion fight for the label behind Taylor Swift, Drake, and Billie Eilish comes down to a single French billionaire.
- Manycore, the first of the Hangzhou ‘Little Dragons’ to go public, pushes ‘spatial intelligence’ as the next wave of AI development
by Nicholas Gordon on April 16, 2026 at 9:00 pmManycore Tech debuts on Hong Kong’s stock exchange today, following a $130 million IPO—and contributing to the Chinese city’s AI listing boom.