Author: Editor

Jimmy Kimmel has a sense of humor about his beef with President Donald Trump. Loading audio narration… The ABC late-night host joked at Disney’s annual advertising presentation on Tuesday that his show’s ratings are up this year — “largely thanks to our partners in Washington.”Kimmel entered to cheers and said at the top of his roughly 10-minute monologue: “I didn’t think I’d ever see you guys again either. But the bad boy of data and measurement solutions is back.”Kimmel had his show temporarily suspended last fall amid a political firestorm following a joke he made about the killer of late…

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OpenAI CEO Sam Altman walks inside the federal courthouse during a recess in the proceedings in the trial over Elon Musk’s lawsuit against OpenAI in Oakland, California, on May 12, 2026. JOSH EDELSON/AFP via Getty Images hide caption toggle caption JOSH EDELSON/AFP via Getty Images OpenAI CEO Sam Altman took the stand on Tuesday to defend himself against accusations from co-founder-turned-adversary Elon Musk that he “stole a charity” by converting the maker of ChatGPT into a for-profit juggernaut. The trial, now in its third week, pits two of the tech world’s biggest personalities against one another in a high-stakes clash…

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Greenlight Capital’s David Einhorn has five US companies he is bullish on — including two “sexy” ones. Loading audio narration… Speaking at the Sohn conference crowd on Tuesday, Einhorn said he has found five companies across different industries in “transition” that he believes will emerge stronger from their transformations.Though the companies face different problems, Einhorn said they each had something resilient within their business models that gives him comfort.In a presentation riddled with cartoons and soundbites from classic songs like “Eye of the Tiger,” Einhorn’s five picks were: Acadia Healthcare, a mental-health and addiction treatment center conglomerateCentene, a health insurer…

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London’s skyline might not get the JPMorgan treatment. Loading audio narration… JPMorgan CEO Jamie Dimon said that increasing taxes on banks in the UK could thwart his plan for a new, multibillion-dollar London headquarters — the latest financial CEO to link major office investments to tax fights.When asked in an interview with Bloomberg whether JPMorgan would reconsider plans for a new London office amid calls for UK Prime Minister Keir Starmer to resign, Dimon said political instability alone wouldn’t alter the bank’s plans — though that could change if the UK became “hostile” to banks.”I’ve always objected to the fact —…

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Acting U.S. Attorney General Todd Blanche speaks alongside Federal Bureau of Investigation Director Kash Patel a news conference last month to announce charges against to the Southern Poverty Law Center. They allege the group funneled over $3 million into the pockets of white supremacist and extremists groups.  Anna Moneymaker/Getty Images hide caption toggle caption Anna Moneymaker/Getty Images Since its founding in 1971, the Southern Poverty Law Center has faced serious threats. The storied civil rights institution’s Montgomery, Ala., offices were firebombed by members of the Ku Klux Klan in 1983. Its co-founder and primary fundraiser, attorney Morris Dees, was the…

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MrBeast is planning a membership program as the world’s biggest social media star looks beyond YouTube to build a diversified entertainment company. Loading audio narration… Beast Industries executives shared the news Tuesday at an invite-only breakfast for brand and ad executives and industry insiders at Penthouse 45, a swanky Manhattan event venue.On tap were Jimmy Donaldson (aka MrBeast), Beast Industries CEO Jeffrey Housenbold, and Partnerships SVP Beau Avril. Coinciding with the annual TV upfronts week, when legacy TV companies like NBCUniversal and Disney make their big pitches to advertisers, it showed how top creators are now competing with entertainment giants…

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Diameter Capital founder Scott Goodwin opened his Sohn conference presentation Tuesday with a blunt assessment of private credit. Loading audio narration… Goodwin, whose firm manages $30 billion and invests across different credit opportunities, has been critical of private credit managers that have loaded up on loans to asset-light companies exposed to disruption from artificial intelligence. In a letter to investors from earlier this year, he predicted a “reckoning” in the private credit space.Tuesday’s presentation went further, as Goodwin said the portfolio construction of private credit portfolios overly exposed to sectors like software is “almost criminal.”After years of rapid growth in…

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A demonstrator holds up a sign outside the Alabama Statehouse in Montgomery on Thursday. Kim Chandler/AP hide caption toggle caption Kim Chandler/AP Alabama’s elections just got more complicated. The state is moving ahead with a special primary election for four of its seven congressional districts, after the U.S. Supreme Court on Monday cleared the way for Alabama to use a map that had been blocked by the courts. The move increases the chances of Republicans picking up an extra U.S. House seat. On Monday, the Supreme Court’s conservative majority vacated a lower court decision that had blocked a 2023 congressional…

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Call me a grouch, but I find it really hard to make any compelling argument for why anyone needs to see a feed of their friends’ activity on Venmo. Loading audio narration… Is it really so interesting seeing that your friend paid someone for pizza?Venmo’s new redesign adds features that lean into that supposed social element. Transactions in your payments feed get larger images and even animated GIFs.I really wish Venmo would focus more on what users deserve — privacy by default! — instead of more emojis.The newest update finally does something Venmo should have done at least a decade…

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Containers at the Port of Oakland in Oakland, California, US, on Thursday, March 26, 2026. David Paul Morris | Bloomberg | Getty ImagesMonths after the Supreme Court ruled some tariffs were unconstitutional, the first round of tariff refunds has begun flowing in.Oshkosh Corporation CFO Matt Field confirmed to CNBC that the company has started receiving tariff refunds as of Tuesday.”Following acceptance of our initial filing, we have begun receiving payments on our tariff refund claims, representing an initial portion of our total claims submitted,” Field said.The company has not yet verified its total refund amount, Field added. Basic Fun, the…

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