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Business

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OpenAI workers look to sell $6B in stock at $500B valuation
OpenAI workers look to sell $6B in stock at $500B valuation

SAN FRANCISCO, California: Current and former staff at OpenAI are preparing to sell nearly US$6 billion worth of shares in a secondary...

Economic slowdown piles pressure on China to spur demand
Economic slowdown piles pressure on China to spur demand

BEIJING, China: China's industrial output growth slowed to its weakest pace in eight months in July, while retail sales also lost momentum,...

Luxury brands see little pushback on price hikes from affluent U.S.
Luxury brands see little pushback on price hikes from affluent U.S.

LONDON, U.K.: For now, America's wealthier consumers appear unfazed by price increases on high-end products, from Birkenstock sandals...

Indian PM vows to protect farmers amid rising US-India trade tensions
Indian PM vows to protect farmers amid rising US-India trade tensions

NEW DELHI, India: On August 15, Prime Minister Narendra Modi used his Independence Day address to call for greater national self-reliance,...

Costco cites low demand in decision to end mifepristone sales
Costco cites low demand in decision to end mifepristone sales

ISSAQUAH, Washington: Costco Wholesale will end sales of the abortion pill mifepristone at all of its more than 500 U.S. pharmacy locations,...

Accenture’s largest cyber deal: $650 million acquisition of CyberCX
Accenture’s largest cyber deal: $650 million acquisition of CyberCX

DUBLIN, Ireland: Accenture announced it will acquire Australian cybersecurity provider CyberCX, which it says will be its largest-ever...

Texas

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Fewer Americans drink as health worries drive alcohol consumption
Fewer Americans drink as health worries drive alcohol consumption

WASHINGTON, D.C.: Alcohol consumption in the United States has dropped to its lowest level since Gallup began tracking the trend in...

Musk alleges Apple blocking X, Grok in favour of OpenAI
Musk alleges Apple blocking X, Grok in favour of OpenAI

AUSTIN, Texas: Billionaire entrepreneur Elon Musk, owner of SpaceX, Tesla, and the social media platform X, says he plans to sue Apple...

Lakers G Luka Doncic cleared to play for Slovenia after injury scare
Lakers G Luka Doncic cleared to play for Slovenia after injury scare

(Photo credit: Jayne Kamin-Oncea-Imagn Images) Two days after Los Angeles Lakers star Luka Doncic left a game for his native Slovenia...

Pats say WR Stefon Diggs (ACL) is 'ahead of schedule'
Pats say WR Stefon Diggs (ACL) is 'ahead of schedule'

(Photo credit: Eric Canha-Imagn Images) New England Patriots wide receiver Stefon Diggs is 'ahead of schedule' in his return from...

Just Sayin: Ohio State to start five-star QB recruit vs. Arch Manning, Texas
Just Sayin: Ohio State to start five-star QB recruit vs. Arch Manning, Texas

(Photo credit: Adam Cairns/Columbus Dispatch / USA TODAY NETWORK via Imagn Images) Sophomore quarterback Julian Sayin will start...

Falcons sign QB Ben DiNucci, release WR DJ Chark
Falcons sign QB Ben DiNucci, release WR DJ Chark

(Photo credit: Charles LeClaire-Imagn Images) The Atlanta Falcons signed veteran quarterback Ben DiNucci on Monday and released wide...

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