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AI company Anthropic has confidentially submitted a draft S-1 filing to the SEC, signaling a potential IPO later this year. The company has not yet set a price or share count for the offering.
Small businesses in the US are leveraging AI to streamline operations, reduce errors, and enhance employee productivity, contrary to fears of job replacement. With a declining workforce and labor shortages, AI is seen as a tool to support, not supplant, human workers.
A $3,250/month Bay Area cottage listing included a controversial $200 'remote worker fee', sparking debate on Reddit about fairness and utility costs, with mixed opinions on its justification.
President Trump plans to impose a 100% tariff on imported generic drugs from August 2028, rising to 200% after a year, aiming to reshore U.S. pharmaceutical production, with experts warning of potential price increases and shortages.
Eligible Amazon Prime subscribers in the U.S. must file a claim by the approaching deadline to receive a portion of a $2.5 billion settlement over allegations of unintentional enrollments and difficult cancellations.
Attacks on tankers and other vessels in the Strait of Hormuz, the Red Sea and the Black Sea are disrupting shipping and tightening oil markets. Brent crude has topped $100 as traders weigh the risk of further escalation.
Tesla shares fell 18% and SpaceX stock dropped 7.2% in a rough week for Elon Musk, erasing about $130 billion of his wealth. Tesla’s decline followed weaker-than-expected earnings, while SpaceX prepared for another Starship test flight.
