Elon Musk postponed a live interview Friday on CNBC just before it was set to begin – leaving tech journalist Julia Boorstin hanging on air. “We hope he will give us a new time for this interview. But we’ve just heard that he is postponing,” Boorstin said on the live show around noon Eastern Time. … Read more
Sam Altman’s right-hand woman at OpenAI, Fidji Simo, is stepping down from her full-time role after an extended medical leave – just as the artificial intelligence giant is gearing up for its IPO. The No. 2 executive said on X that her medical issue, a neuroimmune condition, had worsened and her recovery timeline would be … Read more
Mark Zuckerberg’s Meta plans to design its own artificial intelligence chips in-house starting in September – part of an industry-wide effort by the biggest names in AI to start making their own chips amid ongoing high demand. Zuck’s initiative, known internally as “Iris,” centers on developing custom silicon to supercharge the AI systems behind Facebook … Read more
Rising fast food juggernaut Raising Cane’s is continuing its rapid expansion into California, just months after opening its 1,000th restaurant in the heart of Hollywood. The fried chicken chain — which was founded nearly 30 years ago on the Louisiana State University campus in Baton Rouge — is making a push into some more wealthier … Read more
Jeff Bezos’s Blue Origin is reportedly kicking off a $10 billion fundraising round that values the rocket company at $130 billion, hot on the heels of last month’s historic IPO for Elon Musk’s SpaceX. The deal, reported by DealBook, would expand Blue Origin’s investor base beyond the deep-pocketed Bezos for the first time, reducing his … Read more
The average new car payment rose to an all-time high in the first quarter as American households continued to face affordability challenges in the economy. A new report by LendingTree citing data from Experian for the first quarter of 2026 found that the average monthly payment for a new vehicle rose 2.9% from a year … Read more
Richard White, the embattled co-founder and executive chairman of Australian software giant WiseTech Global, is stepping down after allegations emerged that the billionaire businessman exploited a woman’s immigration status and financial insecurity for sex. Shares of WiseTech – which offers software that companies can use to manage and streamline logistics – soared by as much … Read more
VooDoo Doughnut, the quirky Portland-based doughnut chain known for its wild flavors and cult-like following, has quietly shuttered its Venice Beach location after just one year in business. Located at 66 Windward Avenue, the storefront appears to have quietly ceased its operations sometime in June. While the company website still displays a tile representing the … Read more
Microsoft is axing 4,800 employees, most of them from its Xbox division, as it and the rest of the tech industry seek to adapt to the AI era. The cuts come as the software giant has heavily invested in artificial intelligence after years of pouring cash into gaming. “Our business is changing because the world … Read more
The forecast calls for a dry Fourth of July in the Hamptons, at least for young partygoers. As in New York City and beyond, young people are shunning bottle service, with local proprietors scrambling to come up with suitable food and drink alternatives. Bagatelle Restaurant Group CEO Aymeric Clemente has seen that first hand. “Back … Read more
As nicotine pouches take off in parts of corporate America – with some tech employers handing them out to workers to boost productivity – one startup is expanding its roster of celebrity investors in the hope of taking on deep-pocketed industry leaders like Zyn. Sesh – which touts itself as one of the few pouch-makers … Read more
A beloved Denny’s in San Diego’s Point Loma neighborhood has permanently closed after nearly six decades in business, leaving longtime customers mourning the loss of what many called a community institution. The news came as a surprise to locals who headed to the beloved diner last week at the corner of Rosecrans and Jarvis Street when … Read more
Diners at Outback Steakhouse and other major restaurant chains in California are about to see a permanent shakeup on their menus — and it isn’t a new cut of beef. Starting July 1, the chain will be required to clearly disclose if each menu item contains any of the nation’s nine major food allergens, thanks … Read more
Chinese artificial intelligence models have reportedly caught up to top US systems in cybersecurity – a shift that could add pressure on the White House as it works to nail down its domestic AI policy. Security researchers said a new model released this month by China’s Zhipu AI, also known as Z.ai, is on par … Read more
Conor Keenan was biting into a burger at McDonald’s when he felt one of his back molars crack. He was in his early 20s and couldn’t remember the last time he’d been to the dentist. His family never had dental insurance growing up. Mortified, he found a dentist open late near where he lived in … Read more
As American travelers feel the pinch of inflation and elevated airline costs, Delta Air Lines CEO Ed Bastian revealed exactly what it will take for ticket prices to decline, pointing directly to a lack of market supply rather than solely fluctuating fuel costs. “People ask me all the time – what’s happening with prices?” Bastian told FOX … Read more
Grab your canvas tote bags — Trader Joe’s is expanding its empire. The cult-favorite grocer has confirmed its bringing its everything bagel seasoning and mandarin orange chicken to Anaheim Hills. The new store will be located at 6336 E. Santa Ana Canyon Road, taking over a former Big Lots space at the Anaheim Hills Village. … Read more
Bed Bath & Beyond’s comeback tour is headed to California. Just three years after the home goods store shuttered all of its stores during bankruptcy proceedings, the retailer has announced that two new co-branded stores are set to open in the Golden State “immediately” as part of its latest brick-and-mortar revival. The new stores will … Read more
Definium Therapeutics said a single dose of its LSD-based experimental pill significantly reduced symptoms of major depression in patients in a late-stage trial, sending its shares soaring 55% to a more than four-year high on Monday. The experimental drug helped patients record significantly lower scores on a standard depression scale than those on placebo after six weeks, … Read more
A chef who left communist Cuba behind is making culinary history in South Florida. Just four months after opening its doors in West Palm Beach, Emelina recently became the first Cuban restaurant in the world to receive a Michelin star — a distinction many chefs spend decades pursuing. For chef and co-owner Osmel Gonzalez, the recognition is … Read more