Standard Chartered Hit With First S&p Downgrade In 20 Years

Ukrainian President Volodymyr Zelenskyy and US President Joe Biden on the sidelines of the G7 Summit on June 13, 2024, in Savelletri, Italy. Anadolu via Getty ImagesUS President Joe Biden at the G7 pledged a decade of security support for Ukraine. He said the US was not "backing down" in helping Ukraine fight Russia.

Elon Musk. Toby Melville/Pool Photo via AP; Chelsea Jia Feng/BIElon Musk knows his people back him. Tesla shareholders voted in favor of his huge pay package on Thursday. He'll now have to prove Tesla is his top priority if he wants them to keep backing him. The people have given Elon Musk what he wants.

Microsoft CEO Satya Nadella. Drew Angerer/Getty Images; Chelsea Jia Feng/BIMicrosoft has scaled back its Recall AI feature for Copilot+ PCs. This was after privacy campaigners raised red flags about some of Recall's screenshot capabilities. Google and Adobe have also rolled back some of their big AI releases following backlash. In its race to do more with AI, Big Tech has been moving fast — and then rolling back big moves.

Juanmonino/Getty ImagesRestaurant executives say California's $20 wage for fast-food workers has brought them at least one clear advantage. More people are applying for jobs and they can get better-quality candidates. The fast-food industry had fiercely fought the legislation. Restaurant executives told Business Insider that California's new $20 minimum wage for fast-food workers has at least one clear silver lining for their businesses: Better-quality candidates are applying for jobs.

The author, not pictured, isn't a fan of dogs. John M Lund Photography Inc/Getty ImagesI've been on dates with guys who brought their dogs; some keep their dogs around while hooking up. Some of my dates are put-off by my lack of interest in their dogs. I've accepted that my disinterest in pups is a turn off.

A Southwest Airlines Boeing 737 Max. Kevin Carter/Getty ImagesA Boeing 737 Max has been out of service since May 25. The Southwest Airlines jet encountered a rare stability problem called a Dutch roll. A post-flight inspection found damage to the power control unit, which controls the rudder. A Boeing 737 Max has been out of service for 20 days as officials investigate an in-flight incident.