Thursday, June 18, 2026

Business

Ted Turner: the man whose 24-hour CNN network broke the news

February, 1982. The startup cable news channel, CNN, is not yet two years old. It’s bleeding $2m a month. To help make payroll, owner Ted Turner, known as the “mouth of the south” for his brazen behavior, is cashing...

Powerful US utilities secretly fund ‘grassroots’ groups to sway cities away from switch to public power

The utility industry is quietly dispatching a network of front groups to thwart the growing push for public power across the US – a push that comes amid mounting frustration over sky-high utility bills, electric outages, a slow transition...

Shivon Zilis, mother of four of Elon Musk’s children, testifies in OpenAI trial

Shivon Zilis, a Neuralink executive and the mother of four of Elon Musk’s children, took the stand on Wednesday as one of the most highly anticipated witnesses in Musk’s case against OpenAI. The ChatGPT maker has argued that, while...

Uncertainty looms as last oil tanker from Middle East arrives in California

The average price of a gallon of gas in California already stands at more than $6, but more uncertainty looms as the last oil tanker from the Middle East arrived in the Golden state this week. The Los Angeles Times...

New York real estate titan likens the phrase ‘tax the rich’ to racial slurs

The phrase “tax the rich” can be “just as hateful as some disgusting racial slurs”, according to the New York City billionaire Steve Roth, who said that the top 1% should be “praised and thanked”. Speaking on his company’s quarterly...

Oil prices fall as Trump says strait of Hormuz ‘open to all’ if Iran accepts deal

Oil prices fell and stock markets rose as Donald Trump said the war with Iran would end and the strait of Hormuz would be “open to all” if Tehran struck a deal with Washington. The US president posted on social...

CNN legend Christiane Amanpour expresses concern about Ellison takeover

One of CNN’s most recognizable and influential voices, chief international anchor Christiane Amanpour, has voiced concerns about CBS News parent company Paramount Skydance’s acquisition of CNN parent company Warner Bros Discovery and what it might mean for the cable...

Ted Turner, CNN founder who reshaped global news, dies aged 87

Ted Turner, the media mogul who founded CNN, has died aged 87, CNN reported on Wednesday, citing a news release from Turner Enterprises. In a statement, Mark Thompson, the chair and CEO of CNN Worldwide, said that “Ted was an...
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Midjourney goes from generating cat images to full-body ultrasound scans

“A scan of an imaging phantom, segmented to validate how cleanly structures separate under controlled conditions.“ | Image: Midjourney...
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