A Nearly 150-Year-Old New York College Is Forced to Close After Failing to Sell Itself
Medaille University, a nearly 150-year old private university in Buffalo, New York, is closing its doors after failing to sell itself to a nearby college.
Bloomberg Business
Wall Street Bosses Warn US Debt Talks Are Already Doing Damage
Up and down Wall Street, teams are huddling inside banks and gauging the risks to themselves, their clients and markets if US lawmakers fail to raise the debt ceiling. Their message to the Biden administration and Congress: Get it done — now.
Ukraine Detains Supreme Court Chief in Graft Probe
Ukraine’s Supreme Court chief was detained by police and ousted from his post in a no-confidence vote after investigators said they had uncovered “large-scale corruption” in the nation’s highest judicial body.
New Batch of Celebrity Chefs Coming to Dubai in Bet on Star Appeal
The city is solidifying its newfound reputation as a global culinary capital, with restaurant debuts by another half-dozen international superstars.
AI Health Startup Gets $50 Million Seed Funding From Venture Titans
Andreessen Horowitz and General Catalyst are co-leading a $50 million investment in Hippocratic AI, a startup with a generative artificial intelligence tool that it hopes will lower medical costs and make health care more accessible.
US Senator Uses ChatGPT for Opening Remarks at a Hearing on AI
US Senator Richard Blumenthal opened a hearing on AI with a recording of his voice describing the risks of this emerging technology.
The Patent That Helped Vanguard Clients Pocket Big Gains Expires
The patent that’s given Vanguard Group an edge over competitors for the past 20 years — and helped its clients pull in more than $100 billion worth of additional investment gains — expired today.
Ukraine Latest: Fighting Around Bakhmut Shifts Lines of Control
Ukraine said its forces advanced in the suburbs around the eastern city of Bakhmut in heavy fighting, even as Russian troops aided by artillery and reinforcements pressed ahead in the city itself.
Pfizer Selling $31 Billion of Bonds in Fourth-Largest Deal Ever
Pfizer Inc. on Tuesday launched a $31 billion blue-chip bond sale, the fourth-biggest corporate notes offering ever.
NYC Eases Rules to Speed Opening of New Migrant Shelters
New York Mayor Eric Adams issued an emergency order suspending land use rules to accelerate the opening of shelters for asylum seekers who are overwhelming the city’s services for the homeless.
