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White House withdraws hospitality executive as nominee to lead National Park Service as Trump slashes the department's size
12+ hour, 6+ min ago (501+ words) President Donald Trump is withdrawing his nomination of a'hospitality company executive'to lead the National Park Service, the White House announced Monday. The withdrawal of nominee Scott Socha comes as'the park service'has been shaken by widespread firings as part of the…...
Self-made multimillionaire Emma Grede says she was "using AI like a 42-year-old woman'until Mark Cuban gave her a wake-up call
19+ hour, 3+ min ago (848+ words) The British-born entrepreneur Emma Grede, best known as the founding partner of Kim Kardashian's $5 billion shapewear empire Skims and the CEO of denim brand Good American, has built a reputation on spotting cultural shifts before they hit the mainstream." When…...
Disneyland implements facial recognition to keep the lines moving, but guests say they didn't know it was optional
7+ hour, 57+ min ago (158+ words) If you want to visit the "Happiest Place on Earth," you'll go through a new gatekeeper first: facial recognition. Disney didn't immediately responded to Fortune's requests for comment. "From time to time, we review our security procedures to consider new…...
Bloomberg, the OG of financial data firms, has a potent new AI agent. How it built it holds lessons for others
8+ hour, 21+ min ago (393+ words) Hello and welcome to Eye on AI. In this edition'China blocks Meta's purchase of Manus'Open AI falls short of its revenue and growth targets'Anthropic shows AI models can help advance AI safety research'Sen. Bernie Sanders's decision to invite Chinese AI…...
A 160-year-old paradox explains why AI will create more lawyers and accountants'not fewer, top economist says
8+ hour, 55+ min ago (257+ words) When steam engines made coal more efficient, Britain didn't burn less coal, it burned more," Slok wrote in a note. The same pattern is happening for cheaper legal services, consulting services and financial services." Contrary to the buzzing discourse about…...
The $39 trillion national debt just got its own version of the viral Doomsday essay
8+ hour, 4+ min ago (715+ words) America has its viral AI doomsday essay. Now it has a debt version. "There's a sense that there are all of these threats gathering on the horizon," Ryan Clancy, No Labels' chief strategist, told'Fortune. "And probably a recognition that our…...
'God save the king,' Trump welcomes Charles on America's 250th anniversary of independence
9+ hour, 12+ min ago (569+ words) King Charles III'acknowledged "times of great uncertainty" as he expressed gratitude to the American people and marked the 250th anniversary of independence from Britain in a speech to the'U. S. Congress'that highlighted the bonds between the two countries at a time of…...
'Our fans have an obsession with beverages': Mc Donald's jumps on 'dirty soda' trend from Tik Tok and 'Secret Lives of Mormon Wives"
10+ hour, 5+ min ago (652+ words) Fast food chains, thirsty for new ways to grow, are amping up their beverage offerings. Mc Donald's said Tuesday it will launch six crafted beverages in U. S. restaurants on May 6. It's joining other chains, like KFC, Wendy's and Taco Bell, that…...
James Comey indicted over posting allegedly threatening photo of seashells on social media, source says
9+ hour, 35+ min ago (310+ words) Comey was'interviewed by the Secret Service'in May after Trump administration officials asserted that he was advocating the assassination of Trump, the 47th president. Comey deleted the post shortly after it was made, writing: "I didn't realize some folks associate those numbers…...
GM expects $500 million in Trump's tariff refunds'just a fraction of the $3. 1 billion in tariffs it paid last year
9+ hour, 37+ min ago (373+ words) There's a $500 million windfall General Motors is expecting to help boost its first quarter earnings. The catch? It's a refund for tariff payments it made to the Trump administration'and it doesn't come anywhere close to the billions it still has…...