Investors, executives and economists are preparing contingency plans as they consider the turmoil that would result from a default in the $24 trillion U.S. Treasury market.
A new office complex, and relocation of a division from California, would have created more than 2,000 jobs but was scuttled as the company and Gov. Ron DeSantis continue to feud.
The world’s largest asset manager is ordering workers back to the office.
In an internal memo acquired by Reuters, BlackRock Inc. said employees will be required to be in the office four days a week. The company joins a string of other financial firms, including JPMorgan Chase & Co. and Morgan Stanley, that enacted similar policies.
The Theranos founder, who was convicted last year of defrauding investors, lost her bid to remain free on bail while she appeals her conviction.
Meta in February started giving a limited number of researchers access to advanced AI language software it had developed to enable chatbots similar to ChatGPT. But someone posted the code publicly, spurring the emergence of homegrown tools.
The court said Amgen patents relating to its cholesterol drug Repatha shouldn’t have been granted by the patent office, handing a victory to rival pharmaceutical firm Sanofi.
Alibaba’s shares fall after revenue misses forecasts; Tencent and Baidu see more marked upturn.
OpenAI is aiming to build on the popularity of its chatbot with a smartphone app that responds to voice prompts.
With a fortune made in real estate, he went into the media business in a landmark leveraged buyout of the Tribune Company in 2007. Bankruptcy ensued.
Private firms apologized for not doing more to prevent the release of untreated sewage into rivers and seas and pledged to invest 10 billion pounds to fix the problem.