OpenAI revenue chief Denise Dresser leaving, second major executive departure in days
OpenAI said Thursday that Chief Revenue Officer Denise Dresser is leaving her role less than…
OpenAI revenue chief Denise Dresser leaving, second major executive departure in days
OpenAI said Thursday that Chief Revenue Officer Denise Dresser is leaving her role less than a year after she joined the artificial intelligence lab, a startling exit for a company that’s gearing up for what’s expected to be a blockbuster IPO. The company said Dresser is leaving “to pursue other opportunities,” according to a release….
Greenland Energy delays oil drilling in Jameson Land Basin
The Icelandic and Canadian consulates building, left, in the historic old district of Nuuk, Greenland, on Wednesday, June 24, 2026. Bloomberg | Bloomberg | Getty Images A Texas-based company with links to President Donald Trump has delayed plans to drill for oil in Greenland, after the Arctic island’s government issued a “strong warning” to its…
Oil falls following news of spill near Oman amid worries over supply
The ‘Al-Riqqa’ oil tanker (L) and ‘Al-Yarmouk’ oil tankers sail in the Arabian Gulf waters, off the coast of Kuwait City on June 27, 2026. Yasser Al-zayyat | Afp | Getty Images Oil prices fell Thursday as investors weighed waning global demand against the ongoing supply disruption in the Middle East. U.S. West Texas Intermediate…
‘Big Short’ investor Steve Eisman sees an Achilles heel in the AI boom
Steve Eisman is warning that the artificial intelligence boom has become increasingly dependent on the fortunes of just two companies: OpenAI and Anthropic. The investor, best known for his bet against the housing market ahead of the global financial crisis, said the two AI startups account for roughly 70% of AI-related revenue at Microsoft, Amazon,…
Iran looks to join BRICS bank as war with U.S. drags on
A woman and a child walk past Iranian-made Zolfaghar missiles displayed at Azadi Square in Tehran on July 24, 2026. Afp | Getty Images Iran is set to join the BRICS New Development Bank, the country’s central bank chief said Thursday, as Tehran seeks to shore up its economic alliances almost six months into its…
The Iran war risks bringing the G7’s fastest-growing economy to a halt
England fans react during the England V Croatia in the 2026 FIFA World Cup match at Croydon Boxpark on June 17, 2026 in London, England. Alishia Abodunde | Getty Images News | Getty Images The U.K. economy is showing further signs of a long-awaited rebound, but the picture is complicated by the fallout from the…
Ukraine hits Russia’s Novorossiysk port, grain terminals
This handout satellite image taken and released by Vantor on August 12, 2026, shows heavily damaged ships at the Black Sea port naval base of Novorossiysk in Russia, following Ukrainian strikes. – | Afp | Getty Images Ukraine has launched a heavy assault on warships and major Russian grain export terminals in the Black Sea…
Inside SK Hynix’s $720 billion bet to build enough memory for AI
In South Korea, where a mountainous landscape makes building huge projects an incredible undertaking, the world’s leading maker of high-bandwidth computer memory is investing $720 billion on what it says will be the largest network of memory factories in the world. SK Hynix, whose market cap has jumped more than fivefold in the past year…
Total solar eclipse crosses Europe
A total solar eclipse crossed parts of Europe on Wednesday, drawing millions of spectators to watch the once-in-a-generation spectacle. Parts of Greenland, northern Spain, and Iceland saw a total solar eclipse, while other parts of Europe, including the U.K. and France, saw a partial eclipse. During the eclipse, the Moon passed between the Earth and…
Maersk shares jump after shipping giant beats estimates, hikes outlook
A Maersk container ship loaded with cargo containers sails out of port waters near the Kwai Tsing Container Terminals on March 19, 2026 in Hong Kong, China. Cheng Xin | Getty Images News | Getty Images Danish shipping giant Maersk on Thursday posted stronger-than-expected second-quarter operating profit and raised its 2026 earnings guidance for the…
