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BIZCNBC

Robot factories and hypersonic missiles: JPMorgan Chase’s first $5 billion of defense investments

With $5 billion already deployed off its balance sheet, JPMorgan Chase is racing ahead on direct investments in defense tech, hardware and supply chains.

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BIZThe Guardian

AI firm Anthropic to commit 5% of shares to fund for ‘public good’

The $48bn giveaway comes amid concerns about the tech and preparations for a stock market listing Anthropic has said it will commit 5% of its shares to a fund for the “public good”, as the AI developer behind the Claude chatbot seeks to bolster its appeal before its stock market listing. The company announced it would commit the shares, worth around $48bn (£36bn) at its latest valuation in May, subject to shareholder approval. It will add a further 2% of its stock to the fund for every 50% increase in its value above an undisclosed baseline.

BIZThe Guardian

HelloFresh workers claim physical abuse and denied bathroom breaks in class action suit

The meal kit delivery service denies the allegations, saying it found claims to be ‘entirely without merit’ Workers at a HelloFresh facility in Newark, New Jersey have claimed in court documents that they were verbally and physically abused and denied regular bathroom breaks, with one former worker telling the Guardian he experienced incontinence issues as a result. The newly proposed amended complaint comes in a class action lawsuit first filed in August 2024 against the food prep service giant and staffing agencies. A New Jersey state court judge is…