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Bank of America brought on roughly 1,000 contract workers to remediate software vulnerabilities uncovered by Anthropic's Mythos system. The hiring suggests the AI tool identified a substantial volume of issues requiring manual remediation work.
Bank of America CEO Brian Moynihan told CNBC the bank brought on 1,000 outside contractors in the second quarter to patch software vulnerabilities exposed by advanced AI models, including Anthropic's Mythos. Those contractors remain in place alongside the bank's existing 3,000-person team, and Moynihan said the bank spent over $200 million in the third quarter on remediation and related anti-money-laundering compliance work.
The U.S. Treasury has fined Bank of America more than $1.2 billion for violating anti-money-laundering and sanctions laws, including failures to report financial crime. The penalty ranks as the Treasury's third-largest ever, behind fines levied against Binance and TD Bank. Bank of America's stock fell following the announcement.
OpenAI's threat report describes a Russia-based operation that impersonated education officials in Peru and Ecuador via email, persuading schools to hold a fabricated 'National Day of Cultural and Linguistic Diversity' event featuring Ukrainian political figures to provoke division. The same report says related Russian-linked activity in Argentina and Bolivia appeared aimed at swaying local politics, with operators using AI tools to draft content and write internal planning reports.
Bank of America's third-quarter profit dropped sharply, which the bank attributed to a $1.2 billion penalty. Shares fell more than 4% in premarket trading following the earnings report. The disclosure came the same morning as new consumer price index data, the last inflation reading before the midterm elections.
A study reports that increasing air and marine traffic along western North America is contributing to measurable degradation of regional air quality. Researchers tied emissions from growing plane and ship activity to elevated pollutant levels affecting the area.
Elon Musk has given more than $276 million to Republican political groups since July, newly disclosed figures show, including $158 million to the Senate Leadership Fund and over $76 million to his America PAC. The contributions push his known federal political spending for the 2025-26 cycle to about $366 million, surpassing his 2024 presidential election spending, with disclosures arriving ahead of a Thursday FEC filing deadline.
Elon Musk has donated at least $276 million to Republican-aligned groups since July, according to The New York Times, making him the party's top known donor for the 2026 midterms. The largest chunk, $158 million, went to the Senate Leadership Fund, with smaller sums to America PAC, the Congressional Leadership Fund, and groups backing Texas Republicans including Ken Paxton's Senate bid.
Reshma Saujani pushes back on the common corporate assumption that mothers become less committed, dedicated, or ambitious once they have children. Instead, she argues motherhood and leadership draw on the same core skills. Her comments appear tied to Fast Company's M-suite, a private community for women navigating leadership, career ambition, and motherhood.
Rati Sahi Levesque, in comments shared through Fast Company's M-Suite community for women leaders, argues that corporate America should let employees set their own work schedules rather than enforce rigid hours, provided the work gets done. The community, aimed at women balancing leadership and motherhood, is inviting new members to apply.
Forecasters are tracking three separate tropical cyclones expected to make landfall along North American coastlines within a two-day span. The systems are projected to affect areas of the United States and Mexico nearly simultaneously, prompting heightened monitoring by weather agencies.
WIRED's Leah Feiger and Zoë Schiffer discuss Elon Musk's renewed political spending through America PAC heading into the midterm elections, following his major financial involvement in the 2024 cycle. They note this spending pattern is echoed by other Silicon Valley tech leaders and their own PACs, who are similarly active this election cycle.