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2 California ‘Co-branded’ Bed Bath & Beyond stores announced and set to open ‘immedIately’
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...
Soho’s beloved Lure Fishbar saved after new sublease deal with Prada
Beloved Soho restaurant Lure Fishbar won’t sleep with the fishes after all. A deal with Prada, which has a much larger space in the building at 575 Broadway, saved the nearly quarter-century old seafood eatery with a huge celebrity and neighborhood following,...
California brings in major change to grocery stores that’ll impact the way everyone shops
Californians are about to notice a major change the next time they stroll through the grocery store. Starting July 1, food makers and retailers across the Golden State will no longer be allowed to slap “sell by” dates on most packaged foods sold to consumers,...
Inside the quiet insurance racket Iran is running in the Strait of Hormuz — and how it will devastate Western shipping
As high-stakes negotiations to end the Iran war continue in Switzerland, the maritime industry’s message to the White House is clear: Don’t allow Iran to formalize its tolling racket over the Strait of Hormuz. Iran wants all commercial shipping vessels to...
SpaceX shares drop more than 14% after rocket company discloses it may take on billions in debt
SpaceX shares tumbled more than 14% Monday – their third straight day of declines — on news that Elon Musk’s rocket company could launch a massive borrowing binge. After a blockbuster initial public offering earlier this month, SpaceX on Monday revealed in a...
Google loses $270B in market cap over concerns its ‘falling behind’ rivals in race for AI talent
Google parent Alphabet plunged as much as 7% on Monday after the departure of two of its most prominent AI researchers raised Wall Street’s fears that it’s falling behind key rivals. Google lost senior research scientist and Nobel Prize winner John Jumper, who...
Disturbing video shows Tesla crash into Texas home, killing grandma, 76, in latest Autopilot controversy
A Tesla said to be traveling at speeds as high as 70 miles per hour while in Autopilot mode barreled into a Texas home on Friday night and killed a 76-year-old grandmother — the latest deadly crash to put the automaker’s controversial automation technology...
Definium’s shares surge 55% after LSD-based depression pill delivers strong results
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...
Cheap Chinese AI models are quickly gaining customers across the US market: ‘This changes things’
A flood of high-powered, cheap-to-use Chinese AI models are quickly amassing customers across the US – and experts are sounding alarms that America’s lead in artificial intelligence could be in danger. One such new open-source model, dubbed GLM-5.2, was...