- [[Los Angeles Times]]
- Free Press’ Bari Weiss joins CBS News as editor in chief
- BARI Weiss will “shape editorial policies” and lead innovation in how CBS delivers the news, Paramount said.
- Sneaker seller bought stolen shoes, police say
- OpenAI lifts AMD with big chip deal
- WME opts clients out of AI video tool
- TALENT agency WME refused to let its clients’ likenesses be used in OpenAI’s text-to-video tool Sora.
- [[USA Today]]
- SNAP faces uncertain future
- Shutdown poses funding issues for program
- Change coming for 401(k) in 2026
- Some will have to make offerings to Roth plan
- Fortifying home against disaster can help finances
- Preparations now can help reduce stress later
- Defending your home against natural disasters can include making sure trees won’t come into contact with the structure.
- [[The New York Times]]
- A Japanese Ski Resort Town Is Roiled by a Debate Over Immigration
- Residents are protesting a planned housing facility for foreign workers, exposing the conflict between Japan’s need for labor and anxieties over immigration.
- OpenAI Agrees to Use Computer Chips From AMD
- Weeks after a $100 billion agreement to use computer chips from Nvidia, OpenAI has signed a similar deal with a rival chipmaker.
- Paramount Buys The Free Press, Ushering in a New Era at CBS News
- Bari Weiss, a founder of The Free Press, will become editor in chief of CBS News.
- [[Wall Street Journal]]
- Fire at Plant Disrupts Auto Industry
- Rocket Lab Takes On Musk and Bezos
- Cayman Islands Have Become Popular With Insurers Looking to Stash Money
- Verizon Taps CEO As It Feels Increased Pressure
- IT Veteran To Revamp How Tesla Sells Cars
- [[Financial Times]] The Financial Times is a British-owned company by Nikkei.
- Paramount buys media start-up and puts its founder at the helm of CBS News
- Paramount has acquired start-up The Free Press for about $150mn, appointing its founder Bari Weiss as editor-in-chief of CBS News, the century-old broadcaster once considered a bastion of journalism.
- The Free Press founder Bari Weiss has railed against the mainstream media in recent years
- Sweden can teach the world a lesson on stock market success
- A succession of tax policies, pensions launches and investment product innovations has spurred a vibrant equity culture
- Japan shares at record highs on prospect of fiscal stimulus
- ▸ Investors flock to ‘Takaiichi trade’ ▸ New LDP leader favourite to be PM
- Carlyle nears €7bn deal to buy BASF coatings unit
- BASF, the world’s largest chemicals group, is nearing a roughly €7bn deal to sell its coatings business to the US investment group Carlyle in one of Germany’s largest transactions this year.
----- AI Translation -----
📰 Los Angeles Times
Bari Weiss of The Free Press joins CBS News as editor-in-chief
Paramount said Weiss would "lead editorial policy" and drive innovation in CBS's news delivery.
Shoe retailer investigated for purchasing stolen sneakers
OpenAI signs major semiconductor deal with AMD — boosting stock price
WME refuses to provide client likeness for AI video tool
Talent agency WME has decided not to allow the use of its clients' faces or images in OpenAI's text-to-video tool 'Sora'.
📰 USA Today
SNAP faces uncertain future
The government shutdown could disrupt funding for the Supplemental Nutrition Assistance Program (SNAP).
Changes to 401(k) plans expected in 2026
Some participants may be required to switch to a Roth plan.
Disaster preparedness can benefit financial stability
Preparing now can reduce stress and losses later.
Measures to protect your home from natural disasters include, for example, managing trees so they don't touch the structure.
📰 The New York Times
Japanese ski resort town embroiled in immigration debate
Opposition from residents to plans for foreign worker housing has highlighted the tension between addressing Japan's labor shortage and concerns about immigration.
OpenAI signs chip deal with AMD
Just weeks after a $100 billion agreement with Nvidia, OpenAI has secured a similar deal with rival AMD.
Paramount acquires 'The Free Press' — ushering in a new era for CBS News
Free Press founder Bari Weiss will be appointed editor-in-chief of CBS News.
📰 Wall Street Journal
Factory fire deals blow to auto industry
The factory, which supplied about 40% of aluminum sheets to major automakers including Ford, has been damaged.
🔗 https://www.wsj.com/business/autos/ford-toyota-aluminum-factory-fire-b806cb2f
Rocket Lab takes on Musk and Bezos
Led by self-taught engineer Peter Beck, Rocket Lab is opening a new 'Neutron' rocket launch site in Virginia, challenging SpaceX and Blue Origin.
🔗 https://www.wsj.com/business/the-self-taught-engineer-going-head-to-head-with-elon-musk-and-jeff-bezos-14d67c27
Insurers increase transfers of funds to the Cayman Islands
Life insurance and annuity reinsurers are increasingly moving more assets to offshore locations with less stringent regulations, particularly the Cayman Islands.
🔗 https://www.wsj.com/finance/why-insurers-are-taking-your-money-to-the-cayman-islands-dc0bbf5c
Verizon Appoints New CEO Amid Growing Management Pressure
The board of directors lead director, Daniel Schulman, has been appointed as the new chief executive officer.
🔗 https://www.wsj.com/business/telecom/verizon-names-lead-director-daniel-schulman-as-new-chief-executive-984b97df
IT Veteran Takes Charge of Revamping Tesla's Sales Model
Tesla is planning to overhaul its car sales system entirely by hiring an IT expert.
🔗 https://www.wsj.com/business/autos/the-it-executive-tasked-with-revamping-how-tesla-sells-cars-842af39c
📰 Financial Times (Owned by Nikkei, headquartered in the UK)
Paramount Gives CBS News Helm to Startup Founder After Acquisition
Paramount acquired the startup 'The Free Press' for approximately $150 million and appointed founder Bari Weiss as editor-in-chief of CBS News.
Once dubbed 'the fortress of journalism,' CBS is entering a new era with this appointment.
Free Press founder Bari Weiss has been a vocal critic of mainstream media in recent years.
Sweden Offers Lessons in Stock Market Success
Tax policies, pension system introduction, and investment product innovation have fostered a vibrant stock investment culture.
Japanese Stock Market Hits Record High on Fiscal Stimulus Hopes
▸ Investors flock to 'Takaiichi Trade'
▸ Ruling party's new leader emerges as a strong contender for the next prime minister
Carlyle Close to Acquiring BASF Coatings Business for €7 Billion
BASF, the world's largest chemical company, is set to sell its coatings business to US investment firm Carlyle Group. The deal is expected to be one of the biggest in Germany this year.
