Jim Cramer is sounding the alarm on circular “Lazy Susan” deals in tech, where money essentially changes hands between companies like OpenAI and Amazon. He warns this lack of financial discipline is a red flag for investors until someone says “no.”
The CEO of subprime auto lender Tricolor directed his CFO to send him $6.25 million in bonus payments in August 2025, just weeks before the company filed for bankruptcy. Prosecutors allege this was part of a years-long “systemic fraud” involving $800 million in “bogus collateral.”
OpenAI is bringing on former UK Chancellor George Osborne to head its global expansion. He’ll lead the OpenAI for Countries initiative, a key part of the massive Stargate project. This continues a trend of US tech giants poaching top British political talent.
ElementUSA is investing $850 million to build a rare earth and critical minerals refinery in Louisiana. The project, supported by a $29.9 million Pentagon grant, aims to extract valuable materials from industrial byproduct. It’s a major step for U.S. supply chain independence.
X is formally asserting its claim to the “Twitter” trademark in its updated Terms of Service and a new legal filing. This comes after a startup argued the brand was abandoned when the platform was renamed.
A major developer group is telling EU regulators that Apple’s proposed Digital Markets Act compliance terms are actually a worse deal than what a US court just imposed. They argue the EU’s fee scheme, with commissions up to 20% plus extra charges, unfairly disadvantages European developers. The push
CNBC’s Jim Cramer has named Procter & Gamble his favorite portfolio stock. He cites its cheap valuation, new CEO, and 69-year dividend streak as reasons to buy. But the consumer goods giant is facing near-term headwinds.
NASA’s Nancy Grace Roman Space Telescope is targeting a potential Fall 2026 launch, a year ahead of its official May 2027 schedule. Its mission is to study cosmic voids to understand dark energy and conduct a massive survey of the Milky Way, mapping up to 20 billion stars. The telescope’s wide-field
A German audit report reveals a massive procurement failure. The Finance Ministry bought thousands of high-security phones that were incompatible with the government’s own IT systems.
Lumentum has expanded its board to nine members with the appointment of Thad Trent, the current CFO of onsemi. The move brings deep semiconductor finance and manufacturing expertise to the photonics company’s leadership as it targets AI infrastructure growth.
