Musk, Altman Court Battle Commences Over The Future Of OpenAI

Key Events This Holiday-Shortened Week: Jobs, Warsh In Sintra, ISM, ADP Global attention this holiday-shortened week,will center on the US labor market, with the June employment report due on Thursday ahead of the Independence Day holiday. A reminder that the US will be 250 years old this week. Alongside that, central bank communication will be in focus at the ECB’s Sintra forum (today through Wednesday), while inflation data across Europe and activity indicators in Asia—notably China’s PMIs and Japan’s monthly data—round out a busy global calendar. In the US, DB economists expect...

Iran FM Says No Talks With US After Trump Threatens To 'Just Keep Bombing' If Efforts Fail, Wants Hormuz To Be 'Jointly Controlled' Summary Trump announces "productive" talks with Iran, "postpones" military strikes for 5 days Iran Foreign Ministry + Parliament speaker say no talks have happened, after Trump said "speaking with a top person in Iran", says will "just keep bombing" if Iran talks fail Trump says Hormuz will be "jointly controlled" Israel is not seeing an imminent end to the war, and plans to continue operations while avoiding energy assets, an Israeli official...

Former SPLC Exec Arrested: Accused Of Funneling Donor Money To KKK, Neo-Nazi Informants Southern Poverty Law Center (SPLC) executive Heidi Beirich was arrested in California on Wednesday under a superseding indictment in the Justice Department's ongoing case against the organization, according to a CNN report confirmed by federal officials. Heidi Beirich. What even... Beirich, who directed the Southern Poverty Law Center's Intelligence Project until 2019, faces three counts: conspiracy to commit wire fraud, conspiracy to submit false statements to a federally insured bank, and conspiracy to conceal money laundering. She was expected to...