US Navy May Escort Tankers Through the Strait of Hormuz

'Once He Leaves, The Case Is Over': Judge Jails OpenAI Bugging Suspect After Saudi Consulate Offers 'Blank-Check' Bail When a foreign government volunteers to bankroll your release from federal custody, it may be time to reconsider the "no ties to a foreign state" defense. On Monday, a San Francisco federal magistrate ordered Abdulrahman Alfozan, the 35-year-old Saudi national accused of bugging an executive conference room at OpenAI's headquarters, detained without bail pending trial, saying there is a "significant" risk he would flee. The ruling came after Judge Alex Tse grilled the...

OpenAI Eyes Massive 10-Gigawatt Ohio Data Center OpenAI is moving along in talks to lease a proposed 10-gigawatt data center campus on federal land in Ohio, according to a new report from The Information, in a deal that could include financial backing from Nvidia. This comes as Ohio lawmakers unveiled new legislation aiming to regulate data center build-outs. The massive 10 GW data center would be the largest data center development ever considered, with a potential buildout cost topping $500 billion based on current prices for chips, labor, and construction...

Stock Futures Slide As Doubts Over Ceasefire Send Oil Higher Stocks resumed their drop and oil erased about a third of its Wednesday drop as traders watched the fragile US-Iran ceasefire shatter by the hour, with both sides accusing the other of breaches while the Strait of Hormuz is still effectively closed and Israel intensified strikes on Lebanon. As of 8:00am ET, S&P futures fell 0.4% after Bloomberg strategists said a best-case scenario has already been priced in;  Nasdaq futures dropped 0.3% with Mag7 stocks mostly lower. Europe’s Stoxx 600 index fell 0.7%. Emerging-market...