Results are in from the Fed’s 2023 bank stress tests. The banks passed muster—but Silicon Valley Bank didn’t set off alarms either, until it collapsed.
FTX seeks a reboot. The scandal-ridden crypto outfit is soliciting interest in a revival—and rebranding—of its international cryptocurrency exchange, the Wall Street Journal reports.
OpenAI is opening its first office outside the US. The AI company is headed to London.
Gustav Klimt’s final masterpiece set an auction record. A Hong Kong buyer clinched the artwork for $108 million.
Portions of the Titan submersible were recovered from the ocean floor. Photos show the wreckage arriving ashore.
“Essentially, I rubbed a genie lamp 15 to 20 years ago, and finally it granted me my wish.”—Florida physician James Schwartz on the new AI technology taking his patient notes for him
But not everyone sees it as a perfect prescription. Michelle Cheng and Annalisa Merelli report on the low-stakes ways in which AI is getting introduced to doctors’ offices.
The US and China are supposedly eager to disentangle their supply chains. But their efforts will likely be complicated by the increasing interdependence of the two countries when it comes to oil and gas. The US accounted for 43% of Chinese liquid natural gas sales and purchase agreements signed in 2021 and 2022. And as Mary Hui reports, China is still signing new deals with US suppliers.
In addition to being an ingredient in fertilizers, potash, a naturally occurring salt, can be used in:
🧂 Road salt
Answer: all of the above. Learn more in this week’s potassium-rich Quartz Obsession newsletter.
🧑🏫 India’s biggest edtech startup is having a really, very bad month
A very merry unbirthday. South Koreans are a year younger now, after their government adopted the international practice of considering babies to start life at zero years old, rather than one year old per Korean tradition.
Some planets cheat death. Scientists now can explain why the planet Halla wasn’t swallowed up by its star.
Southern Co. has no suspects. An internal investigation is over, but the US energy giant still doesn’t know who ordered someone to spy on its now-retired CEO.
“Custer’s last stand” is based on a distorted narrative. A new book says the US cavalry commander’s widow glorified his military exploits.
Sales of red wine in France are down 50% from the 1990s. But rosé is picking up some of the slack.
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