OpenAI trial wraps up with testimony about Reid Hoffman, a trophy, and a Musk outburst – Business Insider

American Petroleum Institute President and CEO Mike Sommers says potential oil reserve release would be an ‘insurance policy’ on ‘Kudlow.’ President Donald Trump on Tuesday announced America First Refining (AFR) is opening the first new U.S. oil refinery in nearly half a century in Brownsville, Texas. Situated in a massive deep-water foreign trade zone, the…

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Witching hour A trader works at his desk on the floor of the New York Stock Exchange (NYSE) after the opening bell in New York on December…

Nine gambling accounts have won in excess of $2.4 million across more than 80 bets on action taken by the U.S. military, raising questions about insider trading. The White House wrote to staff in March, reminding them that insider trading is a federal offense after a flurry of bets on major incidents, including the U.S….

The IONIQ 3 is Hyundai’s first compact electric vehicle under the series and a smaller, more affordable sibling to the IONIQ 5. Meet the newest Hyundai IONIQ EV, the IONIQ 3 Hyundai took the sheets off the IONIQ 3, the newest member of its IONIQ lineup, on Monday during Milan Design Week. While you can…

Fermi co-founder and CEO Toby Neugebauer and CFO Miles Everson have suddenly departed the AI nuclear power firm, sending shares down 22% on Monday. The company said Neugebauer has stepped down as chairman, although he still remains on the board. Lead Independent Board Director Marius Haas has stepped into the role of chairman, the company…

It was November 12, 2016, four days after Donald Trump won his first presidential election. Aside from a few outliers (looking at you, Peter Thiel), almost everyone in the tech world was shocked and appalled. At a conference I attended that Thursday, Facebook CEO Mark Zuckerberg said it was “a pretty crazy idea” to think…