Business

To get into the S&P 500, a company is supposed to make some money. The sum of its four quarters of earnings has to be positive—at least GAAP wise—and so does its most recent quarter. That’s a pretty basic rule, decades old and it’s the reason Tesla sat outside of the index until the end of 2020, years after it…

Luke Nichols, better known as the Outdoor Boys YouTuber who captured the hearts of millions of viewers for his outdoor survival videos from the middle-of-nowhere Alaska, knows what it feels like to graduate in a wrecked economy. After all, he graduated from law school during the 2008 market crash.  Standing before George Mason University’s law school graduates in May, the…

Stock futures jumped while oil prices and bond yields tumbled Monday evening on reports that a deal to reopen the Strait of Hormuz was coming together, even as the U.S. military conducted new airstrikes on Iran. Futures tied to the Dow Jones industrial average surged 297 points, or 0.58%. S&P 500 futures were up 0.64%, and Nasdaq futures leapt 0.90%. All three indexes pulled…

Millions of Gen Z graduates are convinced they’ve drawn the short straw of the labor market: ghosting is rife in recruiting, entry-level roles feel scarce, and predictions of an AI job apocalypse are making it all worse. Yet Arvind Jain, ex-Google engineer and Rubrik co-founder, says he’s facing the opposite problem. “Students think it’s hard to find jobs, but we…

For today’s college students, attitudes toward AI can seem paradoxical. On one hand, they’ve made their ire toward the technology clear: Former Google CEO Eric Schmidt was met with hisses during his commencement remarks at the University of Arizona’s graduation ceremony on Sunday when he invoked the inevitability of a future with artificial intelligence. “The question is not whether AI…

For years, the American power grid was a bastion of predictable stability. Throughout the 2010s, U.S. electricity demand remained flat as efficiency gains and declines in energy-intensive sectors such as manufacturing helped obscure the dawning digital age.  But the power grid as it once was might be no match for the technological demands of the 2020s. Retail electricity prices have…

Last year, FIFA president Gianni Infantino hailed the upcoming World Cup as the equivalent of “104 Super Bowls,” quantifying just how big the sport known as football worldwide is—or, at least in comparison to America’s football version. With the average Super Bowl getting 125.6 million views annually, Infantino expects the World Cup to attract the equivalent viewership of three Super…

One evening in late 2024, Denis Shilov was watching a crime thriller when he had an idea for a prompt that would break through the safety filters of every leading AI model. The prompt was what researchers call a universal jailbreak, meaning it could be reused to get any model to bypass their own guardrails and produce dangerous or prohibited…

Britney Spears pleaded guilty through her lawyer Monday to a lesser charge that will allow her to avoid jail time after California prosecutors accused her of driving under the influence of alcohol and drugs. The 44-year-old pop star, who recently completed a stint at a rehabilitation facility, didn’t appear in Ventura County court. But her lawyer, Michael A. Goldstein, pleaded guilty on her…

I spent most of the school holidays of my childhood at my father’s office in Beirut. While other children were at the beach or the mountains, I was watching a man run his businesses through one of the longest civil wars of the 20th century. My father did not stop working when our city was being shelled. He did not…