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Credit card issuer Synchrony announces partnership with OpenAI
Synchrony Financial announced a collaboration with OpenAI to integrate artificial intelligence models into its consumer portals and customer experiences for its credit card brands including Amazon, Walmart, and Lowe’s.
Bitcoin Finally Wakes Up While U.S. Debt Hits $40 Trillion
Bitcoin rebounded to nearly $80,000 following Treasury Secretary Scott Bessent’s announcement of increased debt buybacks, while U.S. federal debt reached $40 trillion this week.
Dutch broadcaster Avrotros pulls out of 2027 Eurovision Song Contest
Dutch public broadcaster Avrotros has withdrawn from next year’s Eurovision Song Contest, citing concerns about neutrality while countries involved in armed conflicts continue to participate.
Guardian-produced Gaza documentary from Oscar-winning Israeli directors of No Other Land to screen at Venice film festival
A documentary about Israel’s bombing campaign in Gaza, directed by Oscar-winning filmmakers and produced by the Guardian, will premiere at the Venice film festival as the only documentary competing for the Golden Lion.
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Economic adviser O’Neill rules out government job but urges boldness on devolution
Economist Lord Jim O’Neill has declined a government position with Andy Burnham’s administration, citing preference for maintaining his business interests and personal autonomy.
Mayors to get powers to overrule local councils on planning decisions
Mayors in 13 English regions will gain powers to override local councils on planning decisions for large development projects, aiming to accelerate housebuilding toward a 1.5 million home target.
Wells Fargo and Citigroup have room to buy a big bank. These 5 regionals fit the bill
Wells Fargo and Citigroup have regulatory room to acquire large regional banks under the current administration, with five banks identified as potential targets based on deposit bases and branch networks.
UPS is investing $2 billion in international, healthcare and supply chain businesses
UPS is deploying more than $2 billion in investments across international, healthcare, and supply chain operations through 2028, including new facilities in the Philippines, Canada, and Hong Kong.
Up to £464m ‘moved through more than 3,000 UK high street shell companies’
Analysis reveals up to £464m moved through more than 3,000 UK shell companies disguised as beauty and convenience stores, showing patterns consistent with money laundering and terrorist financing.
Thames Water creditors accused of ‘shuffling chairs on Titanic’ with plan for new board
Thames Water creditors propose new board leadership to secure their £10bn rescue plan, but face criticism over the proposal’s substance amid potential government nationalisation discussions.
California AG Rob Bonta cancels Paramount settlement meeting, citing ‘lack of good faith’
California Attorney General Rob Bonta canceled a settlement meeting with Paramount Skydance, accusing the company of breaching confidentiality and misrepresenting merger discussion details.
Network Rail sues companies for £5m over Llanegennech derailment
Network Rail is suing DB Cargo UK and Touax Rail for over £5m following a 2020 train derailment that spilled 446,000 litres of fuel into protected wetlands near Carmarthenshire.
As Trump courts Kim, Pyongyang ups the price, while Seoul fears being sidelined
North Korea launched ballistic missiles Thursday hours after Trump announced plans to meet leader Kim Jong Un, dismissing U.S. efforts to shorten military drills with South Korea as insufficient.
Top Iran official says U.S. focus on economic warfare shows it has failed militarily
Iran’s parliament speaker dismissed Trump’s economic threats, asserting that years of U.S. sanctions have failed and suggesting Washington resorts to economic warfare after military attempts proved unsuccessful.
Ukraine war briefing: Nord Stream bombings were not us, Zelenskyy insists
Ukrainian President Zelenskyy denied state involvement in the 2022 Nord Stream pipeline bombings, while a Ukrainian man was arrested in Croatia on suspicion of participating in the attack.
Israeli strike on Gaza shelter extends casualty list
An Israeli air strike hit a tent sheltering displaced Palestinians in central Gaza near al-Aqsa Hospital, killing at least one person and wounding several others early Monday.