Markets
Crude oil stocks in US SPR fall to over four-decade low
The U.S. government’s Strategic Petroleum Reserve (SPR) is at its lowest level since 1983 as inventories that were already low before the Iran war come under increasing pressure. Data released by the Department of Energy on Monday showed that the number of barrels of oil in the SPR declined by 6.1…
49ers coach Kyle Shanahan says his Tesla was on Autopilot before he crashed — but it’s ‘always your fault’
San Francisco 49ers head coach Kyle Shanahan said he had been using Tesla’s Autopilot before a head-on collision with another vehicle. On Saturday, during his first press conference since the crash, Shanahan said he took his eyes off the road before his Tesla Model S crossed into oncoming traffic…
This map shows the 26 states where Taylor Farms has recalled foods that could be contaminated with salmonella
Weeks after Taylor Farms recalled iceberg lettuce over a major cyclosporiasis outbreak, it has pulled products containing jalapeños that could salmonella — a bug that can also cause watery diarrhea. The map below shows the 26 states where Taylor Fresh Foods, which operates as Taylor Farms, recalled…
Warren Buffett could wait forever. His successor may not be so patient.
Is the wait finally over at Berkshire Hathaway? Warren Buffett spent much of his last decade as CEO hoarding phenomenal amounts of cash, as he waited for stocks, acquisitions, and even buybacks to become cheap enough to satisfy his hunger for bargains. Greg Abel, who succeeded the legendary…
3 key details about what Mark Zuckerberg’s vision of the AI future would look like for you
Mark Zuckerberg says the future should come with a personal AI agent that knows you, works for you, and never clocks out. In a 6,500-word blog post published Monday, the Meta CEO laid out his case for “personal superintelligence,” which centers on advanced AI distributed to individuals, rather than…
I compared Chili’s Big QP cheeseburger and McDonald’s Quarter Pounder. One was a better value.
Chili’s has spent the past two years challenging fast-food chains like McDonald’s with look-alike chicken sandwiches and burgers. In 2024, Chili’s introduced the Big Smasher, a burger inspired by McDonald’s Big Mac, claiming it offered twice the meat, and added it to the chain’s 3-For-Me menu…
Zuckerberg brings back the floating battle barge to spar with UFC fighter Merab Dvalishvili
Mark Zuckerberg has brought back a familiar pastime: fighting UFC stars on a barge floating in the middle of a lake. In a Sunday Instagram post, he shared a video of himself sparring with Merab Dvalishvili, a Georgian fighter who won the 2024 UFC Bantamweight title. An array of camera angles…
Should you build or buy software? This Wall Street firm has a new tool to decide.
The build-versus-buy debate around business software has a new calculator. Last year, I wrote about how AI coding tools were making it easier for companies to create their own internal apps instead of paying an outside software provider. That shift raised a tempting question: Why keep buying…
Meta launches Muse Glimmer model as Zuckerberg champions AI for ‘everyone’
Mark Zuckerberg is launching a new AI model and a vision for a more open form of superintelligence. The social media giant unveiled Muse Glimmer on Monday and said it is an open-weight, agentic model small enough to run on a Mac or PC. Open-weight means users can download and customize the model to…
Why Dropbox is sticking with remote work, according to its new co-CEO
Dropbox is “virtual-first” and that’s not changing anytime soon, according to its new co-CEO. While many companies continue to enforce return-to-office mandates, Ashraf Alkarmi said that when he takes over as Dropbox’s sole CEO, he plans to maintain the company’s remote-first structure. Alkarmi…