Investments and Business

William H. Donaldson, the Lion of Wall Street who led the SEC, dies at 93

William H. Donaldson, the Lion of Wall Street who led the SEC, dies at 93

More news - Recent news William H. Donaldson, who made an early fortune as co-founder of the innovative securities firm Donaldson, Lufkin & Jenrette and later pushed for tougher financial regulation as chairman of the Securities and Exchange Commission in the wake of the Enron and WorldCom accounting scandals , died Wednesday at his home in Westchester County, New York, at the age of 93. The cause was leukemia, his son Adam said. Mr. Donaldson also briefly served as undersecretary of state under Henry A. Kissinger, ran the New York Stock Exchange and was chief executive of the insurance company…
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Disney’s Splash Mountain will reopen with a Princess Tiana theme

Disney’s Splash Mountain will reopen with a Princess Tiana theme

More news - Latest news Tiana's Bayou Adventure uses the same trails as Splash Mountain, and riders continue to ride in vehicles made to look like hollowed-out logs. But everything else has been redesigned. Instead of a suspenseful story that sees Br'er Rabbit thrown into a field of brambles, the new attraction focuses on a Mardi Gras party: Tiana and her friend Louis, a trumpet-playing alligator, are on a quest to creatures to form a gang with. Midway through the film, the cheerful Mama Odie, a voodoo queen in "The Princess and the Frog" and now a "fairy godmother of…
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Muhammad Ali’s childhood home is up for sale

Muhammad Ali’s childhood home is up for sale

More news - Latest news George Bochetto, a Philadelphia lawyer who claimed to own the house with his late partner's widow, bought it in 2016 for $60,000. “It has been abandoned for many years. It was run down,” Mr. Bochetto said in an interview Tuesday. He marveled at how “this little house on the western edge of Louisville, modest as it was, could produce a magnificent world figure.” He added: “Muhammad Ali was one of my heroes as a child.” Mr. Bochetto said he wants the new owners to "make sure the house is preserved" as an honor to him.…
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The United States leads the way in antitrust investigations into Nvidia, Microsoft and OpenAI

The United States leads the way in antitrust investigations into Nvidia, Microsoft and OpenAI

Related media - Breaking news For months, Nvidia, Microsoft and OpenAI have largely escaped the brunt of the Biden administration's regulatory scrutiny. But things started to change when generative AI, capable of producing human-like text, photos, video and audio, hit the scene in late 2022 and created a frenzy in the industry. Regulators have recently signaled that they want to get ahead of developments in artificial intelligence. In July, the FTC launched an investigation into whether OpenAI had harmed consumers through data collection. In January, the FTC also launched a broad investigation into strategic partnerships between tech giants and AI…
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