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Sam Altman's nuclear energy company Oklo plunges 54% in NYSE debut
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Company insolvencies jump; Royal Mail takeover would face security review; energy cap to fall in July – business live
Tesla’s chair discusses upcoming shareholder votes on relocating to Texas and Elon Musk’s $56bn pay deal. Rishi Sunak and Akshata Murty rise up rich list as fortune increases by £120mBritish asylum housing tycoon breaks into Sunday Times rich ...The Guardian - World -
OpenAI's Harsh NDA Prompts OpenAI's Altman to Say Sorry
When key staff members left OpenAI, apparently worried about the company's grip on safety, it triggered concerns. The attention revealed the prohibitions on what exactly the company lets former employeessay.Inc. - Business -
Nuclear industry brings back ‘silver tsunami’ of retirees
Older workers in demand as western companies prepare for biggest wave of new projects in decadesFinancial Times - World -
Energy & Utilities Roundup: Market Talk
Find insights on Keywords Studios, Hunting, Thai Oil, and more in the latest Market Talks covering Energy and Utilities.The Wall Street Journal - World -
Nasdaq, S&P 500 Advance to Start Week
Stocks rose, with technology shares leading the way higher as the S&P 500 and Nasdaq Composite sought fresh record highs.The Wall Street Journal - World -
Under Armour is laying off workers as retailer says North America sales will plunge this year
Sales in Under Armour's largest market in North America are falling as inflation-weary consumers pull back on new clothes and shoes.CNBC - Business -
Pension funds need ‘compelling’ returns from UK nuclear projects to invest
Potential investors tell Jeremy Hunt regulatory clarity also essential before backing new power plantsFinancial Times - World - United Kingdom -
Congress must stop Biden from fueling a Saudi nuclear bomb
If Jake Sullivan and team can pull it off, the mega deal will be billed as bringing peace to the Middle East. If it opens the door to Saudi enrichment, however, the accord will only fuel more chaos and instability.The Hill - Politics - Joe Biden -
Crescent Energy to Acquire SilverBow in $2.1B Deal
SilverBow Resources has agreed to be acquired by its Houston-based rival Crescent Energy in a deal valued at $2.1 billion.The Wall Street Journal - Business -
Energy bills predicted to fall by 7% in July
If the forecast proves correct, it would mean a typical annual bill could be £500 lower than last summer.BBC News - Top stories - Energy
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Microsoft announces new PCs with AI chips from Qualcomm
Microsoft wants to deliver Windows PCs that can keep up with Apple's MacBooks on artificial intelligence performance and strong battery life.CNBC - Business - Microsoft -
JPMorgan CEO Jamie Dimon signals retirement is closer than ever
The ambiguity of Dimon's plans has made succession timing at JPMorgan one of the persistent questions for the bank's investors and analysts. He is 68.CNBC - Business -
Supreme Court Justice Alito sold Bud Light stock, then bought Coors during boycott
Samuel Alito sold AB InBev stock and bought Molson Coors on the same day, according to a financial transaction report on the Supreme Court justice.CNBC - Business -
Exxon faces opposition from CalPERS after 'devastating' anti-ESG activist suit
CalPERS is withholding its support for Exxon CEO Darren Woods after the company sued environmentally focused activist investors.CNBC - Business -
Shares of Hims & Hers Health surge 30% after startup says it will offer GLP-1 injections
The GLP-1 market has faced supply constraints in recent months as drugs like Ozempic and Wegovy continue to skyrocket in popularity.CNBC - Business