A pair of sneakers that were made for director Spike Lee sold for more than $50,000 at auction.
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OpenAI reverses course: Nonprofit will continue to control business
OpenAI is reversing course and said Monday its nonprofit will continue to control the business that makes ChatGPT.
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Apple posts stronger-than-expected Q2 results
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
Trump Looking to Cut Billions from Budget in 2026
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Big Business This Week: Which stocks are thriving this year?
Palantir, for one. We take a closer look at why—and where it's going. Plus: Google, Starbucks, Meta, Amazon, and the future of U.S. shipbuilding.
Visa wants to give AI ‘agents’ your credit card
Visa is hoping to hand your credit card to an artificial intelligence “agent” that can find and buy clothes, groceries, airplane tickets and other items on your behalf.
Summer Travel Plans Face Uncertainty Amid U.S. Political Shifts and Economic Concerns
Skift Editor-In-Chief Sarah Kopit discusses how summer travel plans remain uncertain for most as many international travelers are leery to travel abroad. Watch!
