Day: August 28, 2026

Oil prices edge lower with Venezuela supply reports, Hormuz deal in focus

Mountain floods could become more dangerous. But there are ways to save lives and protecthomes.

Anthropic’s ​lawsuit in California federal court alleges that Defense Secretary Pete Hegseth overstepped his authority when he designated Anthropic a national security supply-chain risk, a label the government can apply to companies that expose military systems to ‌potential infiltration or ⁠sabotage by ⁠adversaries.

Bank holiday today: On August 28, 2026, banks in numerous Indian states temporarily closed to allow citizens to celebrate various regional festivals. The observance of these holidays was uneven across states, showcasing India’s diverse cultural landscape.

Anthropic is considering allowing existing shareholders to sell ​shares as part of its IPO and weighing lockup periods longer than the customary 180 days, according to ​the Information report.

Barclays is targeting India’s wealthiest founders and business owners as it seeks to expand its private banking business amid intensifying competition. The lender is leveraging its international network and capital-markets expertise to serve ultra-rich Indians with global assets, aiming for double-digit growth and deeper relationships with the country’s top promoters.

The merger talks, which a third person said have evolved into a discussion about a partnership, underscore the AI lab’s ambition ​to secure the resources and talent needed to build its own chips. The goal is to help Anthropic accelerate its in-house chip development.

It called on governments to ​expedite trusted access programs, which give certain companies ​access to more powerful models ahead of the general public, and for all other organizations to “make cyber defense an immediate leadership priority.”

The payments company, once the crown jewel of American ​financial technology, received a $60.50-per-share ⁠bid from ‌Stripe and private equity firm ​Advent ​International, which valued it at ⁠more than $53 billion, Reuters reported in July, ​citing sources.

In early Asian trading on Friday, gold prices slipped slightly as markets geared up for an anticipated address by Federal Reserve Chair Kevin Warsh at Jackson Hole. With Fed officials expressing concerns about ongoing inflation in the United States, and labor market data indicating stability, traders are eager to see how this may influence a…