Thrive Capital invested about $1 billion in OpenAI at a $285 billion valuation, source says

United Airlines is raising checked baggage fees by $10 starting Friday as jet fuel costs surge due to the Middle East conflict. The airline also introduces tiered premium fares, marking its first fee increase in two years amid $400 million in added operating costs.

Bank of America will pay $72.5 million to settle claims it failed to stop Jeffrey Epstein’s sex trafficking, marking the third major bank payout. Survivors’ lawyers are now racing to identify victims ahead of an August 27 final approval hearing.

Gorda by the Sea, the sole gas station for 12 miles in Big Sur, now charges $9.99 per gallon due to pump software limits and reliance on costly generator-based power. Owner Leo Flores warns higher prices could shutter his business amid soaring fuel costs driven by regional conflicts and supply disru