BP

New York City has issued subpoenas to Elon Musk and his company SpaceXAI as part of an investigation into artificial intelligence safety practices. The move signals growing scrutiny by city authorities of how prominent AI developers handle safety obligations. Details of what the investigation specifically targets have not yet been disclosed.

BP is considering selling its Brazilian biofuels business, according to a Bloomberg News report picked up by Reuters. The potential divestment would mark another step in the energy major's efforts to streamline its portfolio and refocus on core oil and gas operations, though no buyer or valuation has been named.