Startups pursuing physics-bending computers are angling for public funds, raising the specter of taxpayer equity stakes. Advances that could bust encryption and more should draw White House attention.
A recent mega-LBO and a record $31 bln in asset sales make clear that private equity’s post-Covid funk is ending. Yet Steve Schwarzman’s empire, which relies on lending, is beset by default fears as ...
Upcoming US inflation figures will be harder to parse without official stats on jobs and wages. Some 1.5 mln fewer immigrants skew supply while AI investment blunts muted demand. The longer the ...
London Stock Exchange Group's shares are down 20% this year, amid fears that artificial intelligence players like Anthropic will upend its data business. Yet disruption may not be easy, and $64 bln ...
Donald Trump’s sanctions on Rosneft and Lukoil, which ship half Moscow’s crude, only sent prices up 5%. Ample non-Russian ...
The tie-up of the space units of Airbus, Thales and Leonardo, which made some $7.5 bln in combined revenue in 2024, will offer European states secure connectivity. Catching up to Elon Musk’s Starlink ...
Rio Tinto's , new boss, Simon Trott, may be about to make his company's largest shareholder an offer it'll find hard to refuse. He and the board are mulling offering to swap a slug of the Aluminium ...
Tesla has blown past its last exit from a risky route. The electric-car maker posted better-than-expected results on Wednesday. Yet its best growth in years owes much to the impending expiry of ...
Beijing's new export rules make stockpiling and re-routing the critical minerals even harder. This adds urgency for the US to ...
President Javier Milei has slashed inflation to 32% from 210% as midterm elections approach. His feat, however, depends on an artificially strong peso. This flaw exposes the folly of making loans to ...
Navan, whose software helps employees book flights and manage expenses, is seeking a $6 bln valuation in its market debut. Even with that 33% discount to its 2022 private fundraising, it would be ...
Prices rose at a 3.8% annual rate in September, which was less than economists feared but still too high for comfort. The ...