Less than three weeks after Aurora Innovation made a splash with the commercial launch of the first driverless semi trucks in Texas, the company is putting a humanobserverin the driver's seat.
Why it matters: The decision is another speed bump for an industry leader after a widely watched milestone, coming just days after co-founder Sterling Anderson left to take a big job at General Motors.
Two weeks ago we discussed private equity's push for retail investors — and how the Trump administration wants to hasten its efforts.
Since then there already have been three more related announcements, including 401(k) giant Empower saying that it will allow private equity and credit into some of its retirement plans.
Microsoft said Monday that it is adding Grok — the AI model produced by Elon Musk's xAI — to the growing list of third-party AI models it offers via its cloud service.
Why it matters: Microsoft is trying to convince developers and businesses that its AI strategy is a better bet than those from its partner OpenAI and a slew of competitors, including Google and Amazon.
Sesame Street's streaming rights are moving to Netflix, the show's nonprofit parent Sesame Workshop announced Monday. It will remain available on PBS TV stations and through PBS' digital channels.
Why it matters: The deal gives the iconic children's show a new streaming home after Warner Bros. Discovery ended its streaming partnership with the show through its streamer Max late last year.
CBS News and Stations president and CEO Wendy McMahon on Monday announced she is stepping down from her role, according to a memo sent to staff from Paramount co-CEO George Cheeks. McMahon also oversaw CBS Media Ventures, the network's syndication unit.
Why it matters: Her resignation comes as CBS' parent company Paramount considers settling a $20 billion lawsuit from President Trump over a segment on "60 Minutes."
Starbucks launches its summer menu with new and returning limited-time drinks Tuesday despite the coffee giant's plans to keep trimming the menu.
Why it matters: The Seattle-based company is promoting a "back to Starbucks" campaign to return to its roots to try to reverse a decline in foot traffic and sales.
Regeneron Pharmaceuticals has agreed to acquire the assets of bankrupt genetic testing company 23andMe for $256 million.
Why it matters: 23andMe holds personal genetic data on more than 15 million customers, and there have been widespread concerns about what a buyer could do with that information.
Extreme weather worsened by climate changeand insurance market gaps together create systemic jeopardy for mortgage providers, the risk modeling group First Street finds.
Why it matters: Its granular new report is the "first national-scale analysis of the relationship between physical climate risk and mortgage defaults," First Street said.
The economy kept chugging along the last time consumer sentiment hit rock-bottom levels.
But some economists worry that resilience isn't going to hold this time around, as Americans signal worries about their income and the labor market in ways not seen in 2022.
Why it matters: The early 2020s inflation shock broke the tenuous link between sour sentiment and the economy. But the indicators pushing sentiment indices now are different, and in some respects, more grim.
As part of diversity, equity, and inclusion walk-backs, many companies said they would no longer participate in "external events" or pledges, namely Pride parades that will take place across the country next month.
Why it matters: This is a major pivot for the once proud corporate America.
In leading Microsoft's core AI work, Jay Parikh says he has a clear mission: To make sure the company develops, ships and improves products faster than Google and other rivals.
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