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How stalled models, missed deadlines, and staff burnout led to the unraveling of Google's DeepMind

2

Top economist warns that the AI math doesn’t make sense: 'Profits are currently being funded by investors rather than earned from customers'

3

The stock market may be doing so well that it's causing more baby boomers and Gen Xers to drop out of the labor force

1

How stalled models, missed deadlines, and staff burnout led to the unraveling of Google's DeepMind

2

Top economist warns that the AI math doesn’t make sense: 'Profits are currently being funded by investors rather than earned from customers'

3

The stock market may be doing so well that it's causing more baby boomers and Gen Xers to drop out of the labor force
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Energy

All things energy: oil, natural gas, renewable energy, electricity, and other sources of power.
Trump amps up pressure on billionaire Sargeant to exit Venezuela
Trump amps up pressure on billionaire Sargeant to exit Venezuela

Treasury quietly froze the Palm Beach donor’s offshore oil firm and handed him a license to unwind it, people familiar say.

By Patricia Garip and BloombergAugust 10, 2026
Photo of a solar farm in China
The world crossed a major solar milestone. No one noticed
By Akshat Rathi and BloombergAugust 10, 2026
t
Iran says it will reopen Straight of Hormuz — as soon as the U.S. makes ‘amends’
By The Associated PressAugust 10, 2026
Current price of oil as of August 10, 2026
Current price of oil as of August 10, 2026
By Joseph HostetlerAugust 10, 2026
Trump is betting that the U.S. naval blockade choking Iran’s economy can achieve what bombs and missiles couldn’t as more oil sneaks out of the Gulf
Trump is betting that the U.S. naval blockade choking Iran’s economy can achieve what bombs and missiles couldn’t as more oil sneaks out of the Gulf
By Jason MaAugust 9, 2026
Iran rejects U.S. talks for now as wait for Hormuz deal drags on
Iran rejects U.S. talks for now as wait for Hormuz deal drags on
By Sara Gharaibeh, Patrick Sykes and BloombergAugust 9, 2026
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Italy’s $4.7 billion cheese economy is feeling the heat as climate change threatens its cheese banks that hold Parmigiano wheels as loan collateral
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Italy’s $4.7 billion cheese economy is feeling the heat as climate change threatens its cheese banks that hold Parmigiano wheels as loan collateral
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CEO of Tesla Motors Elon Musk speaks at the Tesla Giga Texas manufacturing "Cyber Rodeo" grand opening party in Austin, Texas.
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Oil pumping jacks, also known as "nodding donkeys", operate in an oilfield near Almetyevsk, Tatarstan, Russia, on Wednesday, March 11, 2020. Saudi Aramco plans to boost its oil-output capacity for the first time in a decade as the worlds biggest exporter raises the stakes in a price and supply war with Russia and U.S. shale producers. Photographer: Andrey Rudakov/Bloomberg via Getty Images
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Coronavirus and a price war battered oil markets. But the real victims will be far from Wall Street
By Vivienne WaltMarch 11, 2020
PepsiCo is buying Rockstar energy drink maker for $3.85 billion
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By Thomas Buckley and BloombergMarch 11, 2020
This picture taken on December 11, 2019, shows a Saudi security boat patrolling by an oil tanker at the port of Ras al-Khair, about 185 kilometres north of Dammam in Saudi Arabia's eastern province overlooking the Gulf. (Photo by GIUSEPPE CACACE / AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images)
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Saudi Arabia-Russia oil price war escalates as Aramco announces 25% output hike
By Javier Blas, Matthew Martin, Grant Smith and BloombergMarch 10, 2020
Oil rigs stand in the Permian Basin area of Odessa, Texas, on Jan. 19, 2019. In the Permian, America's busiest oil patch, a producer needs to blast as much as 60,000 barrels of water into a well every day, along with sand and chemicals, to complete the fracking that cracks open the tight, oil-bearing rock about a mile underground.
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‘This is a bloodbath for U.S. oil:’ Price plunge will test how robust the shale boom really is
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Prince Abdulaziz bin Salman Al-Saud, Minister of Energy of Saudi Arabia arrives for the 178th meeting of the Organization of Petroleum Exporting Countries (OPEC) in Vienna, Austria, on March 6, 2020. - All eyes are on Russia at the gathering of OPEC countries and their allies, with the cartel hoping to convince Moscow to back drastic production cuts to counter the effects of the coronavirus outbreak. (Photo by ALEX HALADA / AFP) (Photo by ALEX HALADA/AFP via Getty Images)
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Oil analysts see prices dropping into the $20s on coronavirus and Saudi Arabia-Russia price war
By Ramsey Al-Rikabi and BloombergMarch 9, 2020
Demonstrators hold cardboard wind turbines in the air during a protest over climate action in Kiel, Germany in November 2019.
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Oil demand was set to rise in 2020, then the coronavirus outbreak hit
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LONDON, ENGLAND - FEBRUARY 12: A couple sit on a bench in the morning sun in Greenwich park with Canary Wharf seen in the distance on February 12, 2020 in London, England. High winds, rain and snow from Storm Ciara has brought damage and disruption to public transport and communities across the United Kingdom this week. Storm Dennis is expected to arrive later in the week and with it bringing more widespread strong winds and heavy rain. (Photo by Chris J Ratcliffe/Getty Images)LONDON, ENGLAND - FEBRUARY 12: A couple sit on a bench in the morning sun in Greenwich park with Canary Wharf seen in the distance on February 12, 2020 in London, England. High winds, rain and snow from Storm Ciara has brought damage and disruption to public transport and communities across the United Kingdom this week. Storm Dennis is expected to arrive later in the week and with it bringing more widespread strong winds and heavy rain. (Photo by Chris J Ratcliffe/Getty Images)
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London joins coronavirus work-from-home trend as Chevron sends traders home over sick employee
By Kevin Crowley, Catherine Ngai, Laura Hurst, Sheela Tobben and BloombergFebruary 26, 2020
Germany, the engine of Europe, plans to ditch nuclear and coal—regardless of whether renewables can fill the void
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Supreme Court wades into battle over Atlantic Coast Pipeline
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By Denise Lavoie and The Associated PressFebruary 24, 2020
In China, oil won’t be the only energy sector battered by the coronavirus
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Coronavirus may be the straw that breaks the back of oil fracking
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Energy emissions plateaued in 2019, as advanced economies gave up coal
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15 January 2020, Brandenburg, Sieversdorf: Red position lights shine on wind turbines in the "Odervorland" wind farm in the Oder-Spree district. Photo: Patrick Pleul/dpa-Zentralbild/ZB (Photo by Patrick Pleul/picture alliance via Getty Images)
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The latest landfill problem comes from the renewable energy industry
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The U.S. may soon have the world’s oldest nuclear power plants
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the virus has upended trade flows and probably led to a 20% cut to China’s oil demand. Here, staff on PetroChina Southwest Oil & Gasfield Company, a CNPC subsidiary, work at the natural gas purification plant in Suining in southwest China's Sichuan province on Jan. 15, 2020.
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By Sharon Cho, Grant Smith and BloombergFebruary 4, 2020
The next frontier of road rage is the parking garage
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A picture taken on December 2, 2019 in Donges, near Saint-Nazaire, western France, shows a view of Total Refinery and fuel depot as public works companies (BTP) workers strain some accesses to protest against a planned tax reform. (Photo by LOIC VENANCE / AFP) (Photo by LOIC VENANCE/AFP via Getty Images)
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Oil giant Total is being sued by cities and NGOs for not fighting climate change hard enough
By Francois de Beaupuy and BloombergJanuary 28, 2020
Disposal and recycling information on a lithium-ion automotive battery pack on the Volkswagen AG (VW) ID.3 electric automobile assembly line at the automaker's factory in Zwickau, Germany, on Monday, Nov. 4, 2019.
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Forget policymakers. Greta Thunberg and her allies are targeting CEOs now
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U.S.-Iran standoff pushes Saudi Aramco shares into correction territory—and analysts expect it to drop further
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By Adrian CroftJanuary 8, 2020
MAIDSVILLE, WV - AUGUST 21: The Longview Power Plant, a coal-fired plant, stands on August 21, 2018 in Maidsville, West Virginia. The plant's single unit generates 700 net megawatts of electricity from run-of-mine coal and natural gas. In a stop in West Virginia tonight, President Donald Trump is expected to announce a proposal to allow states to set their own emissions standards for coal-fueled power plants. Environmental activists say this would be a massive blow to reducing carbon emissions. (Photo by Spencer Platt/Getty Images)
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While Trump pushes fossil fuels, coal plants keep closing—and greenhouse gas emissions fall
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Why Tensions With Iran Pose an ‘Asymmetric Risk’ to the Stock Market
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AI
How stalled models, missed deadlines, and staff burnout led to the unraveling of Google's DeepMindplaceholder alt text
By Beatrice NolanAugust 10, 2026
AI
Top economist warns that the AI math doesn’t make sense: 'Profits are currently being funded by investors rather than earned from customers'placeholder alt text
By Sasha RogelbergAugust 10, 2026
Economy
The stock market may be doing so well that it's causing more baby boomers and Gen Xers to drop out of the labor forceplaceholder alt text
By Jason MaAugust 10, 2026
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