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A person walks by the Ithaca Police Department headquarters on March 22, 2021, in Ithaca, N.Y. John Munson/AP hide caption toggle caption John Munson/AP The allegations from a former Cornell University student who says she was drugged and gang-raped at the school in 2024 has led to widespread condemnation for the school and investigators. The case is also raising questions about how police handled the initial investigation. Earlier this month, the woman, known as Jane Doe, filed a civil lawsuit detailing allegations against seven men she said assaulted her. Prosecutors have subsequently reopened the investigation. Details in the lawsuit differed…
Michael Burry says a market crash that stops two of the biggest AI companies from going public would be good for humankind.”For the benefit of humanity, the markets should tank hard and prevent the OpenAI and Anthropic IPOs,” the “Big Short” investor wrote Tuesday on X.In follow-up replies, Burry offered more detail on his post. He said the companies would “suck up” and then destroy “TRILLIONS of dollars of capital,” adding that this would be “the least of the damage they do.”Burry also replied “Along those lines” to a user who quipped: “tank the market so Skynet can’t IPO” —…
In May 2022, I found myself longing for a new life.I had spent the last 20 years rebuilding my life after my husband’s death in the World Trade Center during the 9/11 attacks — raising a 2-year-old and 6-year-old alone, moving across the country to Seattle, writing books about grief, and rediscovering painting.My kids had both finished college and moved on with their lives, and I was alone and free for the first time since my 20s. I felt adrift.Then, my daughter showed me a YouTube video about a young couple with two small children renovating a chateau in France.They…
DoorDash’s latest pilot skips its app and asks customers to text in their orders.Users can order food and groceries by texting the company like they would a friend or family member, DoorDash said on Wednesday. The text-ordering option is being beta-tested in the US, and users can join a waitlist to get access to it.The new feature lands as delivery apps try to make it easier for customers to place orders, often with help from AI. Competition in the space is also growing with new delivery partnerships and even new entrants like Walmart.The option lets users ask for suggestions on…
College tuition costs in the US are reaching new heights.Today, a bachelor’s degree at some of America’s top schools can cost upward of nearly half a million dollars over four years. And the trend doesn’t seem to be slowing down.In June, The Princeton Review collected a list of 15 US colleges with sticker prices exceeding $100,000 annually for their 2026 Best Colleges release.The numbers, collected through institutional surveys of over 2,000 colleges, include the annual costs of tuition, fees, housing, food, transportation, books, and other expenses for each undergraduate student.For many, the choice to attend one of these schools comes…
Successful cities and top-tier universities often exist symbiotically.Stanford has fueled the rise of Silicon Valley. Harvard and MIT have made Boston a top-notch research city. A pipeline of public-policy wonks from Georgetown and George Washington University keeps Washington, D.C., humming.So it’s only natural that Ken Griffin, the billionaire founder of $76 billion hedge fund Citadel and marketmaker Citadel Securities, focuses on education as he reshapes Miami, where his firms are headquartered. His latest splash: the largest-ever gift in higher education history that will bring a top-tier university to the Magic City.Griffin, a Harvard alum who gave the largest gift in…
Stellantis CEO Antonio Filosa speaks during an event in Turin, Italy, Nov. 25, 2025.Daniele Mascolo | ReutersDETROIT — Stellantis CEO Antonio Filosa on Wednesday reconfirmed the company’s 2026 guidance and longer-term cash flow targets as U.S. shares of the embattled automaker trade at an all-time low. “We are completely committed and we are convinced that we will do that,” Filosa said Wednesday about Stellantis’ forecast for this year of a mid-single-digit percentage increase in net revenue and a low-single-digit adjusted operating margin.Filosa also reconfirmed the company is aiming to be cash flow positive by next year and generate more than…
Lilly signage during a groundbreaking ceremony for Eli Lilly and Company’s pharmaceutical manufacturing campus at Generation Park in Houston, Texas, US, on Monday, Sept. 21, 2026. Mark Felix | Bloomberg | Getty ImagesEli Lilly on Wednesday said its experimental combination regimen showed greater weight loss than a high dose of its top-selling drug, tirzepatide, alone in a mid-stage trial on patients with obesity and Type 2 diabetes. The combo therapy met the study’s main goals in a population that typically struggles to lose weight. The results boost hopes that it could serve as an alternative blockbuster treatment option for people who…
Roger Lynch, chief executive officer of Conde Nast, during the Axios Media Trends Live event in New York, US, on Thursday, Sept. 18, 2025. Michael Nagle | Bloomberg | Getty ImagesMattel on Wednesday named Roger Lynch as its new CEO and chairman, succeeding Ynon Kreiz.Lynch, who has been a member of Mattel’s board since 2018, will take the reins as chairman on Oct. 2 and CEO by Nov. 2, according to the press release. Lynch is currently the CEO of Condé Nast, a position he has held since 2019. Mike Perlis will serve as Condé Nast’s interim CEO while the…
Despite macroeconomic pressures and a cautious consumer, retail sales this holiday season are expected to grow year-over-year as spending remains strong.According to Bain & Company’s annual forecast, holiday retail sales are expected to top $1 trillion for the first time, marking a 4.5% growth. That growth is largely projected to be from in-store sales at 70%, though e-commerce is continuing to gain share. The holiday spending is supported by higher tax refunds, which are up $43 billion this year, or 17% year over year, adding more cash to consumers’ wallets. Even still, the report noted that Bank of America estimates…