How AI is reshaping enterprise risk

Now that the SpaceX (SPCX +1.80%) IPO is firmly in the rearview mirror, AI giants OpenAI and Anthropic are the most anticipated still-to-come public debuts. But at least in one case, it appears investors will have to wait a little longer. OpenAI’s chief financial officer, Sarah Friar, recently told the company’s staff that it “will…

Foreign investor Guno Handojo was hit with a $370,000 fine by the Federal Court of Australia after failing to construct a dwelling on the vacant land within the required four-year timeframe. To prevent “land banking”, Australia’s foreign investment rules require that it be put to good use and contribute to housing supply within four years….

Key insight: Treasury would no longer recognize African American, Hispanic, Pacific Islander, Filipino and Vietnamese populations as targeted market types for community development financial institution certification.  What’s at stake: The proposal comes as the Trump administration has criticized the CDFI Fund as promoting what officials have called “woke” ideologies. Forward look: Treasury is seeking public…

Oil Prices Rise for Second Consecutive Week Amid US-Iran Conflict Market Overview and Geopolitical Impact SINGAPORE, Aug 21 (Reuters) – Oil prices were little changed on Friday, but were on track for a second weekly rise as the stalemated U.S.-Iran war continues to disrupt supply from the key Middle East producing region. Recent Oil Price…

“Jurassic World” star Chris Pratt and his wife, Katherine Schwarzenegger, have returned their troubled Los Angeles mansion to the market for $19.99 million—marking the fifth time in three years that the custom property has been listed. Pratt, 47, and Schwarzenegger, 36, initially listed the sprawling Pacific Palisades mansion for $32 million in July 2023, but…