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Judge rejects Pentagons attempt to cripple Anthropic
Posted on“If this were merely a contracting impasse, DoW would presumably have just stopped using Claude,” Judge Lin wrote, referencing the Department of War, a secondary name for the Department of Defense. “The challenged actions, however, far exceed the scope of what could reasonably address such a national security interest.”
Trump unveils deals to lower US weight-loss drug prices
Posted onDanielle KayeBusiness reporter Reuters Zepbound, Eli Lilly’s weight-loss drug, and Wegovy, made by Novo Nordisk US President Donald Trump has announced deals that aim to lower the cost of popular weight-loss drugs, as pharmaceutical prices take centre stage in his administration’s messaging around affordability. Speaking alongside drug executives at the White House, Trump unveiled agreements…
Boeing criminal case linked to fatal 737 crashes dropped
Posted onAFP via Getty Images Boeing will avoid a criminal charge in the US linked to two deadly 737 Max crashes, after a court granted a request from the US government to dismiss the criminal case. In his ruling, Judge Reed O’Connor said he “disagreed” that dropping the charge was in the public interest but said…
US considers lifting sanctions on some Iranian oil
Posted on“To put it mildly, this is bananas,” said David Tannenbaum, director of Blackstone Compliance Services, a consultancy specialising in maritime sanctions. “Essentially we’re allowing Iran to sell oil, which could then be used to fund the war effort.”
What was the 1970s oil crisis, and are we heading for something worse?
Posted onAlicia Garcia Herrero, chief economist for Asia Pacific at Natixis CIB, said while 1970s oil shocks sent prices sky high, they only cut global supply by 5-7%. In contrast, the current crisis affects 20% of the world’s supplies, “dwarfing the 1970s shock”, she said.
