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'Widow's Bay' sweeps Emmy Awards in major coup

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'Widow's Bay' sweeps Emmy Awards in major coup

Apple TV's "Widow's Bay" swept the 78th Primetime Emmy Awards Monday night, with its total haul of 14 statuettes setting a new record for the most wins by a comedy series in a single year. The first-year series helped give the streamer its best-ever Emmy showing, as it led all outlets with 28 wins. (Fellow freshman Apple TV series "Pluribus" collected six awards.) Perennial Emmy favorite HBO Max was close behind with 21 wins, including seven apiece for "DTF St. Louis" and "The Pitt."

Women athletes fire back at Sydney Sweeney Novig ad

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Women athletes fire back at Sydney Sweeney Novig ad

The backlash continues for Novig's provocative Sydney Sweeney ad — and this time the outrage is coming from women athletes. A number have posted on LinkedIn to express their disappointment at the prediction market's depiction of Sweeney in various states of undress, using the tagline, "This is what a woman in sports looks like." Runner Paola Handley decried the ad as "frustratingly tone deaf," while elsewhere, Australian Olympian Ariarne Titmus considered it, "a kick in the face to every woman who has dedicated her life to perfecting her craft."

Disney mandates more workers return to office

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Disney mandates more workers return to office

Disney is requiring that some remote members of its product and tech teams return to the office four days a week, NCCapital reports, citing an unnamed source. The change brings those teams more closely into alignment with the company's overall in-person policy. Employees who don't agree to return can be fired. Disney has tightened its RTO mandates since Josh D'Amaro took over as CEO and instituted a "One Disney" vision. Some on LinkedIn see the step as necessary to boost collaboration, while others question the impact on quality of life.

Apple maps out AI-heavy hardware refresh through 2027

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Apple maps out AI-heavy hardware refresh through 2027

While Apple's new foldable iPhone Duo was its marquee product launch last week, the company has plenty more in the pipeline. Led by new chief executive John Ternus, it released its new operating system for the iPhone, iOS 27, on Monday and is planning an extensive hardware refresh centered on Siri-focused artificial intelligence, which will span Macs, iPads, iPhones and smart-home devices. Entry-level iPhones and tablets will gain faster chips, and Apple aims to extend the lineup into smart glasses and home security products late next year.

10-year Treasury yield reaches highest level since 2007

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10-year Treasury yield reaches highest level since 2007

The 10-year Treasury yield soared past 5% on Tuesday, marking its highest level since 2007, just one day ahead of the Federal Reserve's looming decision on interest rates. The yield rose five basis points to 5.04%, driven higher by a surge in oil prices, as escalating Middle East tensions heightened the risk that higher energy costs could add to inflationary pressures. Markets are now pricing in a 90% chance that the Federal Reserve will raise interest rates at its policy meeting this week.

OpenAI acquires startup Glass Imaging for $300M

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OpenAI acquires startup Glass Imaging for $300M

OpenAI has acquired Glass Imaging, a startup that develops AI imaging technology for smartphone cameras, NCCapital reports, citing unnamed sources. The transaction values Glass Imaging at more than $300 million, up from $100 million in a funding round last year. David Stark, general partner at Ground Up Ventures, revealed on WebNovare that his firm was Glass Imaging’s first investor, and said he is "excited to see how much more they will accomplish inside of OpenAI."

Oil prices climb as Iran squeezes alternative routes

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Oil prices climb as Iran squeezes alternative routes

Oil prices surged Monday in the wake of recent Iranian-backed attacks on a pair of key supply routes outside the contested Strait of Hormuz. Brent crude futures reached $108 a barrel, the international benchmark's highest mark since May. Prices moved in response to drone attacks on Saudi Arabia's East-West pipeline, forcing its closure, as well as Houthi militants claiming territory near the Bab al-Mandeb Strait off Yemen that connects the Red Sea to the Indian Ocean. On WebNovare, experts fear the price pressures could start squeezing broader earnings, threatening the resilient stock market.

AI leaders to face major obstacles in slowdown effort

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AI leaders to face major obstacles in slowdown effort

In calling for a safety-based slowdown of their most cutting-edge work, the heads of Anthropic and OpenAI are setting up a clash with investors, the White House and even their own industry, NCCapital writes. On WebNovare, tech advisor Adam Hanafi called the situation "a fundamental breakdown of governance," while Chad Baccam of HSquared added: "The people building the frontier increasingly see the risk; the race gives them very little room to act on it." Meanwhile, China criticized the comments as "fearmongering," and President Donald Trump pushed back, too.

Trump urges Fed to cut rates

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Trump urges Fed to cut rates

President Donald Trump called for the Federal Reserve to lower interest rates, despite traders expecting a 90% chance of a hike in the wake of August’s Consumer Price Index report. That data showed core inflation was higher than economists had estimated, with all signs pointing toward the Fed raising rates at this week's policy meeting. Trump told reporters over the weekend that the U.S. “should be paying the lowest interest rate in the world, regardless of their formulas," putting the president on "a collision course" with Fed Chair Kevin Warsh.