business
Behind the Deal That Took Disney From AI Skeptic to OpenAI Investor
Disney’s deal with OpenAI will allow users to generate AI videos based on characters from Marvel, Star Wars and other franchises. Source link
A Saks Stylist for Boston’s Wealthy Is Accused of a $400,000 Returns Scam
The self-proclaimed “Fashion Whisperer” outfitted the city’s socialites for years—until the department store said it discovered he was processing fake returns Source link
Oil Rises, Aided by IEA’s Forecasts for Smaller Surplus in 2025, 2026
Oil prices rose after the International Energy Agency cut its forecasts, but CIMB Securities said prices remain volatile, with Brent crude oil hovering in a range of $60 a barrel-$65 a barrel and weekly 4%-7% price swings that continue to signal heightened uncertainty. Source link
Australia Approves Hanwha Bid to Increase Austal Stake
Australian Treasurer Jim Chalmers said there would be limits on Hanwha’s access to sensitive information and stringent criteria on any Hanwha nominee to Austal’s board. Source link
Rivian Expands Hands-Free Driving in AI Push
The EV maker is increasing autonomous features to compete with Tesla. Its shares sank 6%. Source link
Broadcom Beats Revenue and Profit Forecasts as AI Chip Sales Climb
The chip designer reported rapid revenue growth as demand continues to rise for chips to fill the data centers that power artificial-intelligence models. Source link
Opinion | Who Can Stand the Cinema?
It’s too expensive and uncomfortable—all without a pause button. Source link
Lululemon’s Chief Executive Calvin McDonald to Depart Next Month
The athletic gear maker has been under pressure from its founder to make changes to reverse its “loss of cool.” Source link
Dollarama Lifts Outlook as Canadian Shoppers Boost Results
Robust consumer demand drove higher traffic and spending across stores at Canada’s largest dollar-store chain. Source link
Auto & Transport Roundup: Market Talk
Find insight on Hyundai Motor, IndiGo and more in the latest Market Talks covering Auto and Transport. Source link