
Sam Altman Moves to Dismiss Punitive Damages in Sister's Sexual Abuse Lawsuit
Apr 16, 2026 01:40 am UTC| Business Technology Law
Sam Altman, co-founder and CEO of OpenAI, has filed a motion in St. Louis federal court seeking to strike punitive damages from a civil lawsuit brought by his sister, Annie Altman, who accuses him of repeated sexual abuse...

Pentagon Taps Auto Giants to Supercharge U.S. Weapons Production
Apr 16, 2026 01:29 am UTC| Politics Business
The Pentagon is in early discussions with major American manufacturers including automotive leaders General Motors and Ford Motor about redirecting a portion of their factory capacity and workforce toward producing...

Samsung Races to Deliver Next-Gen HBM4E Memory Samples to Nvidia
Apr 16, 2026 01:27 am UTC| Business Technology
Samsung Electronics is pushing hard to deliver engineering samples of its next-generation HBM4E high-bandwidth memory to Nvidia as early as next month, according to South Korean outlet ChosunBiz. The move signals Samsungs...

Goldman Sachs FICC Revenue Falls 10% Amid Iran War Market Volatility
Apr 16, 2026 01:14 am UTC| Business Insights & Views
Goldman Sachs fixed income trading division took a hit in the first quarter, with revenue dropping 10% to $4.01 billion, as surging market volatility tied to the Iran conflict forced the Wall Street giant to hold...

ASML Raises 2026 Revenue Outlook as AI Chip Demand Surges
Apr 15, 2026 08:41 am UTC| Business Technology
ASML Holding N.V. lifted its full-year 2026 revenue forecast after the Dutch semiconductor equipment giant surpassed first-quarter profit and sales expectations. The results were fueled by accelerating AI-driven chip...

Hermès Q1 2026 Sales Miss Expectations Amid Iran War and China Slowdown
Apr 15, 2026 08:39 am UTC| Business
Hermès shares plunged over 12% in Paris trading after the French luxury giant reported weaker-than-expected first-quarter results, erasing more than $20 billion in market value as geopolitical tensions and slowing...

Federal Agencies Secretly Test Anthropic's AI Despite Trump Administration Ban
Apr 15, 2026 04:35 am UTC| Business Technology Governance Politics
Despite a formal directive from President Donald Trump ordering federal agencies to stop using Anthropics artificial intelligence technology, multiple U.S. government bodies have been quietly evaluating the companys latest...