Winter storm threatens East Coast, regions not used to heavy snow

Winter storm threatens East Coast, regions not used to heavy snow

About 240 million people were under cold weather advisories and winter storm warnings Saturday as a powerful system threatened to bring howling winds, flooding and heavy snow to the East Coast — including blizzard-like conditions stemming from a “bomb cyclone” in the Southeast, a forecaster said. Temperatures were plummeting even as tens of thousands of…

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Activist Dan Loeb dusts off his poison pen as he seeks a board refresh at CoStar Group

Activist Dan Loeb dusts off his poison pen as he seeks a board refresh at CoStar Group

Company: CoStar Group Inc (CSGP) Business: CoStar Group engages in the provision of online real estate marketplaces, information, and analytics in the commercial and residential property markets. It operates through the following segments: CoStar Portfolio, Information Services Portfolio, Multifamily Portfolio, LoopNet Portfolio and Other Marketplaces Portfolio. The CoStar Portfolio segment consists of two classes of…

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Kraft Heinz, Kellogg breakups show Big Food is getting smaller

Kraft Heinz, Kellogg breakups show Big Food is getting smaller

Kraft Heinz announced plans to split into two separately traded companies, reversing its 2015 megamerger, which was orchestrated by billionaire investor Warren Buffett. Justin Sullivan | Getty Images News | Getty Images Big Food is slimming down. As both consumers and regulators push back against ultra-processed foods, the companies that make them have been splitting…

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Judge signals Musk’s xAI may lose lawsuit accusing Altman’s OpenAI of stealing trade secrets

Judge signals Musk’s xAI may lose lawsuit accusing Altman’s OpenAI of stealing trade secrets

Sam Altman, CEO of OpenAI (L) and Elon Musk, CEO of Tesla. Reuters A federal judge signaled on Friday she may dismiss a ‍lawsuit by Elon Musk’s ‍artificial intelligence startup xAI ‍accusing Sam Altman’s rival OpenAI of stealing trade secrets to gain an unfair advantage in developing AI technology. U.S. District Judge Rita Lin in…

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