​Igor Babuschkin, a founding member of Elon Musk’s artificial intelligence company xAI, has announced his departure to launch a new venture dedicated to AI safety and innovation. Babuschkin, who played a crucial role in building xAI from the ground up, revealed that he is starting Babuschkin Ventures to support research in artificial intelligence and invest in startups working on agentic systems aimed at benefiting humanity and exploring the mysteries o

In Rowlett, Texas, a small catering business owner says her livelihood was nearly brought to a halt when a phone service switch went terribly wrong. Nikki Jackson, who has operated her catering company from the same location for 21 years, says the steady ring of her business phone — a sound that once meant constant orders — has been silent for almost a month. She claims it all started when she tried to move her phone service to AT&T after being

The Ambani family has once again claimed the top spot in the 2025 Hurun India Most Valuable Family Businesses list, holding onto their crown for the second consecutive year. Reliance Industries, headed by Mukesh Ambani, has been valued at an astounding Rs 28.2 lakh crore, approximately one-twelfth of India’s GDP, according to The Economic Times. This impressive valuation highlights the massive influence and ongoing success of Reliance Industries, which

Nvidia and AMD have agreed to provide the United States government with 15% of their revenue from specific chip sales to China as part of an unusual export license arrangement. The decision comes after earlier restrictions halted the sale of advanced semiconductors to China due to national security concerns. The administration stopped exports of certain high-performance chips in April, citing risks related to their potential use in military and artificial intelligence applications

Tim Cook has reached a historic milestone at Apple, quietly surpassing Steve Jobs in tenure as chief executive officer. After nearly 14 years at the helm, Cook’s leadership has now officially lasted longer than that of the company’s legendary co-founder. This moment represents more than just a date on the calendar—it reflects a generational shift in Apple’s identity and strategic direction. On August 1, 2025, Cook’s time as CEO reached 5,091 days, one

Claire’s, the popular accessories chain known for its earrings, trendy jewelry, and tween-focused items, has once again filed for Chapter 11 bankruptcy protection. The filing was made on Wednesday, August 6, 2025, in the U.S. Bankruptcy Court in Delaware. This marks the second time the company has filed for bankruptcy, the previous instance being in 2018. Despite this, the brand is attempting to continue operations for the majority of its stores while assessing various strategic options

When Apple CEO Tim Cook visited the Oval Office recently, he brought more than just promises of business expansion. He arrived with a carefully crafted, symbolic gift for President Donald Trump—an elegantly designed iPhone glass disc mounted on a 24-karat gold base. This gesture, though small in size, carried significant weight in symbolism, representing both Apple’s deepening commitment to US-based manufacturing and its diplomatic finesse in dealing with trade pressures under Tru

A traffic incident in Mineral Wells, Texas, on Monday has sparked concerns about drowsy driving after a vehicle crashed into an Amazon delivery truck on NW 4th Avenue. According to residents at the scene, the driver of the car reportedly fell asleep at the wheel moments before the collision occurred. The crash happened during daylight hours and startled residents in the neighborhood who witnessed the aftermath. Kristy Beck Miller, a local resident who responded to the scene, confirm

A single block of Upshur Street NW in Washington, DC’s Petworth neighborhood has become a thriving example of community, culture, and entrepreneurship. Home to several Black women-owned businesses, this block stands out not only for its vibrancy but also as a model of how shared values, legacy, and mutual support can fuel success. As DC celebrates Black Business Month, this stretch of Petworth is getting well-deserved attention. Amid concerns over rising inflation and unpred

Hy-Vee has announced an important update to its online grocery delivery service, introducing SNAP and EBT payment options for delivery orders at all store locations. This change, effective immediately, allows customers across Illinois, Iowa, and Wisconsin to use these benefits when ordering groceries online, expanding accessibility and convenience for many households. This initiative builds on Hy-Vee’s previous decision to accept SNAP and EBT payments for pickup orders, a program that b

In a historic appointment that underscores India's rising leadership footprint in global business, Tata Motors has announced PB Balaji as the next Chief Executive Officer (CEO) of Jaguar Land Rover (JLR). Balaji will take over the reins in November 2025, becoming the first Indian to lead the iconic British luxury automobile brand. The announcement was made following a meeting of the Board of Directors of JLR on A

A well-known Chicago café and fast-casual restaurant is set to open its newest location in Wilmette in fall 2025. Goddess and the Baker, a popular eatery recognized for its vibrant menu and welcoming atmosphere, will move into Edens Plaza at 3232 Lake Avenue, taking over the space formerly occupied by Corner Bakery, which closed earlier this summer. The arrival of Goddess and the Baker marks a significant addition to Edens Plaza, a shopping center in West Wilmette that has

The Federal Trade Commission has issued a strong warning to consumers about a new scam involving fake text messages that appear to come from Amazon. According to officials, many individuals have reported receiving texts that claim an item they purchased has been recalled. These messages include a link promising a full refund, but the FTC has clarified that these messages are fraudulent and designed to steal money or personal information from unsuspecting victims. Scammers are becomi

Palmetto Superfoods, the popular Bay Area chain known for its delicious Brazilian-inspired açai bowls and smoothies, has expanded to Livermore. This marks another milestone for the company, which first opened in San Francisco's Inner Richmond neighborhood in 2019. The Livermore location, located at 3052 West Jack London Boulevard, opened its doors with a soft opening this week, bringing its refreshing, nutrient-packed bowls and smoothies to the Tri-

The debate over Initiative 82, the voter-approved law designed to gradually increase wages for tipped workers in Washington DC, has intensified as the city council considers whether to repeal or modify the measure. The Restaurant Association of Metropolitan Washington (RAMW) claims that the law is causing restaurants to shut down at a historic rate, while worker advocacy groups argue that the data presented by the industry is misleading and does not reflect the true state of the restaurant se

The Enforcement Directorate (ED) has launched extensive raids across Mumbai and Delhi as part of a high-stakes money laundering investigation into a loan fraud case worth approximately Rs 3,000 crore. The raids are targeting 50 companies, including those linked to Anil Ambani's group, and involve about 25 individuals connected to the controversial transactions. The investigation stems from suspected illegal loan diversion, with particular focus on loans ap

The Food and Drug Administration (FDA) has announced a nationwide recall affecting over 67,000 cases of Power Stick roll-on antiperspirant deodorants. The enforcement action was initiated by manufacturer A.P. Deauville following concerns about deviations from Current Good Manufacturing Practices (cGMP), which are mandatory quality standards for facilities that produce regulated products like deodorants. According to the official FDA enforcement report, the recall was formally initiated on Jul

In one of the biggest crypto security breaches in India, CoinDCX, a leading cryptocurrency exchange based in Mumbai, has confirmed that it suffered a hacking attack resulting in the loss of nearly Rs 368 crore (approximately $44 million). The breach occurred early Saturday and specifically targeted one of the company’s internal operational accounts used for liquidity functions with a partner exchange. CoinDCX has since clarified that no customer assets w

Target will soon end its long-standing price matching policy that included matching prices from Amazon and Walmart. Effective July 28, the company will limit its Price Match Guarantee to only include its own online platform, Target.com, and promotional pricing available through Target Circle. This shift marks a significant change in how the retailer is approaching competitive pricing and customer loyalty in 2025. Under the new policy, shoppers who buy items in a physical Target st

The Prime Minister’s Office (PMO) has approved a significant overhaul of India’s Goods and Services Tax (GST) system, paving the way for major reforms to simplify the tax structure. The proposal is set to be discussed in the upcoming GST Council meeting in August. The finance ministry has already initiated discussions on the changes, which are expected to streamline the GST system and ease compliance for businesses and consumers alike.