Business
Crypto billionaire says he paid $4.5M to marry glamorous Chinese actress. Now he wants it back after romance fizzled
Justin Sun, founder of blockchain company Tron, said he had been planning a future with Jing Tian when he transferred $4.5 million to Jing’s parents.
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White House may impose ‘limited safeguards’ on AI to prevent apocalypse, mass extinction: source
President Trump flatly claimed warnings about AI dangers were a “hoax” – but White House advisers are nevertheless scrambling to devise a balanced policy to regulate it, On The Money has learned.
Top LA restaurant known for celeb sightings closes after 28-year run
The Sunset Strip apocalypse has claimed another victim.
GameStop reopening ‘select’ stores nationwide as company insiders make new investments into retailer
CEO Ryan Cohen bought 1M GameStop shares for about $20M.
Struggling California-founded restaurant chain’s massive comeback play revealed
Hopefully it’ll be a grand slam.
Tech giant Oracle rocked by another wave of layoffs after employees receive devastating email
Oracle instructed laid-off workers to immediately sign the termination paperwork to secure their severance packages.
Inside Goldman’s bootcamp for ultra-rich Gen Z heirs: How to read the news, buy luxury watches and invest in sports teams
About 50 Gen Zers ages 18 to 23 descended on New York City in July for the Wall Street giant’s two-week “NextGS Investment Intensive.”
Costco starts rationing motor oil as global shortage sends prices soaring
A 10-quart pack of motor oil that once sold for as little as $30 is now fetching nearly $58.
Trump blasts Anthropic CEO over AI doomsday warning: ‘SICK conspiracy’
In a Truth Social post Monday morning, Trump doubled down on his dismissal of safety concerns.
OpenAI boss warns of two ways AI could go ‘very badly’ for humans — as China alleges ‘fear mongering’
Altman and rival Elon Musk, who were earlier this year locked in a legal battle, made a rare alliance over the weekend as they backed a lengthy letter from Anthropic CEO Dario Amodei urging global companies to slow their work on top AI models.
Paramount’s threat to flee California could cost state nearly 58K jobs, $21B a year: leaked report
A full relocation of Paramount’s California operations could result in the permanent loss of between 28,990 and 57,980 full-time jobs statewide.
Ex-CNN anchor reveals dad beat her with belt until she was ‘black and blue on my backside’
Baldwin, 47, revisited the painful memory in her Substack newsletter “Unraveling” on Sunday.
Chick-fil-A is one of America’s toughest franchises to get — and the startup cost may surprise you
Owner-operator Julian Good revealed the fast-food chain’s franchise fee has stayed the same for 50 years
War between SoFi Stadium and Inglewood takes dramatic turn as judge rules $400M deal is void
The Sept. 1 decision from Superior Court Judge David Reinert hands the city a major victory in its legal fight with companies tied to Rams owner Stan Kroenke.
Bari Weiss caught in dysfunctional ‘Cold War’ power struggle with CBS News president: ‘Two feuding parents’
“It all comes down to the ratings,” a second CBS source said. “Who’s going to get fired first, Bari for ’60’ or Tom for ‘CBS Mornings’ and ‘CBS Evening News’?'”
Proskauer Rose law firm adds 2 more floors at 11 Times Square, bringing presence to 478K square feet
The deal, which included a renewal, raises the firm’s presence to 478,000 square feet in the 1.1 million square-foot tower at the bustling corner of Eighth Avenue and West 42nd Street.
Starrett-Lehigh building reigns supreme as key Fashion Week anchor
The coming days will have showings by hot-button brand Public School, Tibi, Magda Butrym and 7 for All Mankind.
Behind the scenes of the giant Italian restaurant, market opening at Grand Central
Osteria Centrale and Mercato Centrale will open possibly as early as next month.
Larry Ellison cancels plan to sell Oracle stock worth up to $7.5B
Oracle’s stock has taken a beating this year on growing investor concerns over soaring capital expenditure that has pressured its free cash flow.
A new book reveals just how buddy-buddy billionaire Leon Black was with creep Jeffrey Epstein
It’s a Shakespearean tragedy of King Leon.
Bessent’s attempts to suppress interest rates could spark a recession
The bond market can be tricky for even its most sophisticated and well-armed participants.
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