Israel Hamas Hostage Deal Agreed & Sam Altman Returns To OpenAI

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Israel and Hamas backed a deal that will free dozens of hostages from Gaza in return for a four-day pause in fighting and the release of a number of Palestinian prisoners — the first lull in a conflict that began Oct. 7 and has killed thousands of people. (2) OpenAI will bring back Sam Altman and appoint new board members, after nearly all of its employees threatened to quit over his surprise ouster. Altman is returning to his role as chief executive officer and the new board will be chaired by Bret Taylor and include Larry Summers and Adam D'Angelo. (3) UK Chancellor of the Exchequer Jeremy Hunt aims to boost business investment by £20 billion ($25 billion) a year by unleashing a package of measures on Wednesday including making permanent a 100% tax relief on investment spending by British businesses. (4) Binance Holdings and its Chief Executive Officer Changpeng Zhao pleaded guilty to anti-money laundering and US sanctions violations under a sweeping settlement with the US that allows the cryptocurrency exchange to continue operating. (5) Nvidia investors gave a cool reaction to its latest quarterly report, which blew past average analysts' estimates but failed to satisfy the loftier expectations of shareholders who have bet heavily on an artificial intelligence boom. See omnystudio.com/listener for privacy information.