Former President Bill Clinton is testifying Friday before members of Congress who are investigating convicted sex offender Jeffrey Epstein, answering for his connections to the disgraced financier from more than two decades ago. The closed-door deposition in Chappaqua, New York, will mark the first time a former president has been compelled to testify to Congress.
NEW YORK (AP) - U.S. stocks sank as Wall Street kept punishing companies that could become losers in the AI revolution. A surprisingly discouraging update on inflation also hurt the market Friday, while oil prices climbed. The S&P 500 fell 0.4% and closed out just its second losing month in the last 10. The Dow dropped 1.1%, and the Nasdaq composite fell 0.9%.
Britain’s Prince Andrew was forced to relinquish use of his remaining royal titles after the latest revelations about his relationship with the convicted pedophile Jeffrey Epstein proved one scandal too many for his brother, King Charles III. Andrew’s antics have tried the patience of the royal family for more than 40 years, triggering embarrassing headlines.
Russia on Saturday condemned the U.S.-Israeli strikes on Iran as “a preplanned and unprovoked act of armed aggression against a sovereign and independent U.N. member state,” demanding an immediate halt to the military campaign and a return to diplomacy.
ChatGPT maker OpenAI has received $110 billion in funding from Amazon, SoftBank and Nvidia, putting the technology company’s pre-money valuation at $730 billion. Amazon is leading the trio of tech heavyweights in commitments, putting up $50 billion, followed by $30 billion each from Nvidia and SoftBank, said OpenAI co-founder Sam Altman.
LONDON (AP) – The U.S. and Israel’s attack on Iran is disrupting flights across the Middle East and beyond, as regional airspaces began closing and tens of thousands of travelers across the globe were stranded.
PANAMA CITY (AP) – Two ports run for years by a Hong Kong-based company at either end of the Panama Canal have thrust Panama into a geopolitical tug-of-war between the United States and China. Even before taking office for his second term, U.S. President Donald Trump complained that China was running the Panama Canal.
Excerpts from recent editorials in the United States and abroad:
WASHINGTON (AP) – A public showdown between the Trump administration and Anthropic is hitting an impasse as military officials demand the artificial intelligence company bend its ethical policies by Friday or risk damaging its business.