Anthropic details bad actors’ efforts to misuse its AI for bioweapons
Report comes two days after former employee quit claiming company’s models could cause human extinction by 2030
Crime & Courts
Agencies reduce regulatory burden for community banks, increase eligibility for 18-month exam cycle
The federal bank regulatory agencies today issued an interim final rule increasing the number of community banks eligible for an 18-month exam cycle.
SEC Charges Founder and His Two New Jersey-Based Companies in Alleged $16 Million Ponzi Scheme
The Office of the State Comptroller (OSC) conducted an investigation of South Jersey Extended Care (SJEC), a for-profit nursing home located in Bridgeton, New Jersey. Covering a five-year period from April 1, 2018, to M…
New battery-powered trains will ‘bring faster journeys to north’
No 10 says 29 new trains to be built in Derby will support 350 local jobs, as well as nearly 6,000 across the UK
U.S. Government Advisor: OpenAI Risks "Catastrophically" Losing Control of AI
OpenAI has failed to reduce the risk of a “catastrophic” loss of control over AI, said Paul Cristiano, a U.S. government advisor on high technology. He issued this warning at a board meeting of the nonprofit OpenAI, of …
Man pleads guilty to fraud and forgery offences relating to fake takeover approach
Christopher Woolcott has pleaded guilty to 4 counts of fraud and forgery after creating a fake takeover bid for Touchstone Exploration Inc.
English winemakers expect ‘vintage year’ after record-breaking summer heat
English sparkling winemakers expect their earliest grape harvest and a “vintage year” after a scorching summer quickly ripened grapes.
Global bond sell-off resumes as surging oil prices stoke fears about inflation
Nervous investors across big economies have been dumping government bonds, driving up the cost of borrowing, as surging oil prices amplified fears about rising inflation.
ECB raises interest rates to 2.5% and warns Iran war is fuelling inflation
Borrowing costs climb in Europe and oil tops $105 a barrel as bank says growing price pressures in eurozone will be ‘longer lasting than we had anticipated’
Trump on Iran war; Oracle, Adobe to report - what’s moving markets
Editor’s Note: The ETFs tracking benchmark indices, lede, economic data, and the headline were updated in the story.
Christine Lagarde, Boris Vujčić: Monetary policy statement
Good afternoon, the Vice-President and I welcome you to our press conference. I would like to thank President Nagel for his kind hospitality and express our special gratitude to his staff for the excellent organisation …
Tourists in England face nightly levy on hotel and Airbnb-style stays under new plans
Many mayors welcome power to impose tourist tax but industry warns of ‘irreparable harm’ and job losses
Houthis close in on stranglehold over key Bab al-Mandeb Strait - Reuters
A container ship approaches the Bab-el-Mandeb Strait on January 18, 2024 in Obock, Djibouti. Photo: VCG
Glencore’s former head of oil pleads not guilty to bribery charges
Billionaire Alex Beard and his former deputy appear in London court over alleged payments to African officials
Announcement of the publication of the Governor's interview transcript
We use necessary cookies to make our site work. We’d also like to use some non-essential cookies (including third-party cookies) to help us improve the site. By clicking ‘Accept recommended settings’ on this banner, you…
Monetary policy decisions
The Governing Council today decided to raise the three key ECB interest rates by 25 basis points. The conflict in the Middle East continues to generate inflation pressures, and inflation is set to remain well above targ…
Ryanair will dispute passenger’s claim he was sucked out of window
Ryanair has said it will be “disputing” that any part of a passenger’s body was sucked outside when a window on one of its aircraft broke while in flight.
John Lewis losses widen to £124m as shopper confidence dips
Losses at the owner of John Lewis and Waitrose widened by more than 40% in the first half of the year as it struggled with higher costs and with shoppers feeling less confident about their money.
OpenAI not on track to reduce risk of ‘catastrophic’ loss of control, says board member
US government adviser Paul Christiano warns of risks to AI industry as he joins OpenAI’s non-profit foundation
Iceland to become first UK high street retailer to open shop in Falkland Islands
The supermarket chain Iceland has said it will open a shop on the Falkland Islands in early December.
Trump promises $5,000 dividend to every U.S. adult if GOP wins midterms
To incentivize voters to cast ballots for Republicans, President Trump used his convention speech to promise a dividend of $5,000 to every adult citizen if the Republican Party maintains control of Congress in the midte…
‘Fundamentally unfair’: Burnham must overhaul migration reforms, says TUC general secretary
Andy Burnham must overhaul Shabana Mahmood’s migration reforms or risk overstretching social care and fuelling far-right sentiment, the TUC general secretary, Paul Nowak, has warned.
Chancellor urged to fix £100k childcare ‘cliff edge’ that prompts parents to cut work
John Healey has been urged to fix the £100,000 childcare “cliff edge”, that means some higher-paid employees cut back on work to avoid losing their entitlement.
Iran war could last through end of Trump’s term- WSJ citing advisers
A credible signal that the Iran conflict could extend well beyond the midterms, rather than resolve quickly as Trump has publicly suggested, argues against pricing in a near term de-escalation for oil ($120 Brent risk).…