Author: Press Room

OpenAI CEO Sam Altman speaks during the BlackRock Infrastructure Summit on March 11, 2026, in Washington.Anna Moneymaker | Getty ImagesIn a document that resembles an IPO prospectus, OpenAI said its close ties with Microsoft could be a potential risk to its business, telling investors that the software company is responsible for “a substantial portion of our financing and compute.”OpenAI included sections titled “Risks Related to the Transaction” and “Risks Related to our Business” in a financial document, viewed by CNBC, that the company shared with prospective investors tied to its recent record financing round. Last month, OpenAI announced $110 billion…

NEWYou can now listen to Fox News articles! The illegal immigrant accused of murdering a college student in Chicago has a criminal record and entered the U.S. under the Biden administration, according to officials.Twenty-five-year-old Jose Medina, a Venezuelan national, was arrested on Friday after he allegedly killed Sheridan Gorman, an 18-year-old Loyola University Chicago student in a shooting. A police source earlier told Fox News that the Thursday shooting was an apparent ambush, adding that the suspect was reportedly wearing some kind of face mask or covering. He was arrested in Chicago’s Rogers Park neighborhood, close to where the shooting…

You can credit last week’s atmospheric river. It brought a large volume of snow at upper elevations and rain at lower elevations, creating high to extreme avalanches hazard in the parks. “So getting a big result wasn’t unexpected (but) getting a result that big was unexpected.” That’s how Conrad Janzen, a visitor safety specialist with Parks Canada, describes his reaction to watching an huge avalanche cover the Icefields Parkway during avalanche control work on Highway 93, north of Lake Louise on Saturday morning.“The avalanche itself was close to 500 metres wide and traveled a total distance of about two and…

NEWYou can now listen to Fox News articles! Speaker Mike Johnson, R-La., is ratcheting up pressure on Senate Minority Leader Chuck Schumer, D-N.Y., and Democrats in the upper chamber as the Department of Homeland Security (DHS) shutdown creeps into a sixth week with no end in sight.House GOP leaders are poised to hold votes Thursday on a pair of bills aimed at putting Democrats on the spot for the shutdown, Fox News Digital has learned.Johnson is having the House vote for a third time on funding DHS through the end of the fiscal year on Sept. 30. The bill is…

DoubleLine Capital CEO Jeffrey Gundlach said markets are stuck in a holding pattern with few assets delivering meaningful returns, as he warned that stresses emerging in private credit could deepen if investors rush for liquidity. “It’s kind of a going nowhere market right now, sort of trendless. Almost nothing is up. Nothing is really down dramatically. Nothing has really made much money over the past nine months,” Gundlach said on CNBC’s ” Closing Bell .” Gundlach believes the environment bears some resemblance to the period leading up to the 2008 financial crisis, when asset prices appeared elevated and early signs…

Iran has fired more missiles at Israel and trashed President Donald Trump’s claim the US is in talks to end the war, saying he’s just manipulating the markets.

SINGAPORE: Vietnam’s national air carrier will suspend nearly two dozen domestic flights a week starting next month because of limited fuel supplies caused by the Middle East war, the nation’s aviation authority has said.The price of jet fuel has soared since the start of the conflict more than three weeks ago, which has sent oil prices soaring and sparked fears of fuel shortages.”Vietnam Airlines plans to temporarily suspend operations on several routes from Apr 1,” totalling 23 flights a week, the country’s civil aviation authority said in a statement late on Monday (Mar 23).”The limited supply of aviation fuel (Jet…

Note: Map shows the area with a shake intensity of 4 or greater, which U.S.G.S. defines as “light,” though the earthquake may be felt outside the areas shown.  All times on the map are Eastern. The New York Times A major, 7.5-magnitude earthquake struck in the South Pacific Ocean on Tuesday, according to the United States Geological Survey.The temblor happened at 12:37 a.m. Eastern about 103 miles west of Neiafu, Tonga, data from the agency shows.U.S.G.S. data earlier reported that the magnitude was 7.6.As seismologists review available data, they may revise the earthquake’s reported magnitude. Additional information collected about the…

Global markets opened Tuesday on uneven footing as macro pressures and sector-specific shifts shaped sentiment.Gold extended a sharp sell-off amid a stronger dollar and rising yields, while Japan’s cooling inflation supported equities.India showed signs of slowing growth momentum as external pressures mounted.In corporate moves, Gilead advanced its diversification strategy with a multibillion-dollar immunology deal.Gold selloff deepens furtherGold fell further on Tuesday, extending a brutal sell-off that has pushed the metal deeper into bear-market territory.A firmer US dollar and rising Treasury yields hurt bullion’s appeal. The spot gold briefly dropped 2% before trimming losses to about 1% at $4,335.97 an ounce.April…

The Defense Department said Monday it will remove media outlets’ office spaces from the Pentagon after a federal judge sided with The New York Times in a lawsuit challenging limits on reporters’ access to the building. An area of the Pentagon known as “Correspondents’ Corridor” that reporters have used for decades to cover the U.S. military will close immediately, department spokesperson Sean Parnell said. Journalists will eventually be able to work from an “annex” outside the building, which he said “will be available when ready.” He offered no details about how long that will take. The New York Times quickly responded…