Author: Press Room

This is the way sports are supposed to feel — exhilarating, nerve-racking, occasionally heartbreaking. The World Cup is here. The NBA playoffs have been thrilling. Baseball season is in full swing. The stakes feel extremely high, but in reality, it’s all rather inconsequential. Most fans know that, deep down, but acknowledging it is no fun. Sports are one of the few mass cultural events we have left — a giant, multi-billion-dollar business in which people have invested not just their money, but their hearts.The issue there is the business of it all — sports are a capitalist endeavor, which is…

CoreWeave (CRWV) plans to offer $3.5B (or euro equivalents) of dollar-denominated and euro-denominated senior notes due 2032 in a private offering. The notes will be guaranteed on a senior unsecured basis by certain wholly-owned subsidiaries of CoreWeave. The firm plans to use the proceeds from the offering for general corporate purposes.

The two biggest AI labs in the world keep warning us about a future they’re rapidly building toward.In the past two months, both frontier AI labs have released a flurry of policy and research papers warning of similar risks — uncontrollably fast AI development alongside government regulation that fails to keep up. This has come amid both companies releasing new AI models, including GPT-5.5 and Claude Fable 5.In a paper released last week, Anthropic called for a coordinated “slowdown or pause” in frontier model development across countries to allow policy frameworks to catch up.”Without a global coordination mechanism, companies and…

This week, I chopped some tomatoes and popped them into Trader Joe’s no-sugar-added tomato-basil pasta sauce before serving it over zucchini noodles.The sauce already has great flavor courtesy of the garlic, basil, and olive oil, but the chunks of tomato make it feel even fresher. The “caro sugo” language showcases that there are zero grams of added sugar in this sauce. (Yes, I checked the label … we dietitians do that.)I use this sauce as a staple for chili, Italian hamburgers, shakshuka, meatball sandwiches, or a quick chicken parm.Keep reading our Trader Joe’s diaries here.

Ukrainian President Volodymyr Zelenskyy established on Wednesday an annual “special day” for his country to commemorate the role of the battle drone against Russia’s invasion.Dubbed the “Unmanned Systems Forces Day,” the occasion commemorates Ukraine’s dedicated military branch for drone warfare, which was announced in February 2024.The day of remembrance, however, will be on June 11 every year, Zelensky said.”A day of our respect, our gratitude to the UAS,” Zelenskyy said, referring to uncrewed aerial systems.The Ukrainian leader said that the Unmanned Systems Forces had inflicted $40 billion worth of damage to Russia against “targets of various levels” in one year…

Satya Nadella has a message for Microsoft’s AI-pilled employees: Not every problem needs the most powerful AI model.At a live taping of The New York Times’ “Hard Fork” podcast, Microsoft’s CEO was asked how much tokenmaxxing is happening inside the company.”A lot,” Nadella said, before cohost Casey Newton could finish the question.”I’m a tokenmaxxer too, it’s addictive,” Nadella said. “But you have to step back when the novelty wears off to say, ‘What is it that I’m trying to create?'”Silicon Valley executives have spent the past year pushing workers to use AI as much as possible, sometimes through internal leaderboards…

Last month, I was opening a cardboard box full of graduation robes. It was a normal service day of mothers helping out for the upcoming event. The room was filled with women making sure life goes as planned.And then there was me, suddenly drenched in sweat as I tried to rip open the plastic bag where one of the robes was encased. I found myself in this bizarre experience; I knew I was there to get the graduation robes out and hang them on the clothing racks. But my body suddenly shut down. I burst out crying.I wanted to run,…

Microsoft founder Bill Gates on Wednesday is sitting before a congressional panel to testify about his relationship with late convicted sex offender Jeffrey Epstein.In a prepared statement to the House Oversight Committee investigating the Justice Department’s handling of the Epstein files, Gates expressed regret for his association with Epstein and said he was “deeply sorry” if the time he spent with the disgraced financier “lent him any credibility.””I should never have met with Epstein in the first place,” Gates told the committee in his opening remarks during the closed-door interview, according to a copy posted by Gates online. “Based on…

Earnings Call Insights: Oxford Industries (OXM) Q1 fiscal 2026 Management View “Overall sales in the first quarter were in line with our expectations and earnings were better than we anticipated primarily due to stronger-than-expected gross margin.” (Chairman, CEO & President Thomas Chubb)Seeking Alpha’s Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be guaranteed. This article is intended for informational purposes only. Seeking Alpha…

As the Knicks chase a championship and New York buzzes with NBA Finals fever, a public feud between Mayor Zohran Mamdani and Madison Square Garden CEO James Dolan has spilled beyond politics and sports, with local businesses saying they’re paying the price.Hours before Game 4 of the NBA Finals on Wednesday night, MSG canceled its planned outdoor watch party after city officials imposed crowd-control measures around the venue. Dolan blasted the restrictions during a Wednesday appearance on New York sports radio station WFAN, accusing Mamdani’s administration of trying to stifle fan celebrations.”This is all really designed around stopping people from…