Blackstone's Top Private-Equity Executive Is Preparing to Leave Firm
Joseph Baratta would be the latest of several senior executives to leave private-investment giant.
----
U.S. Appeals Court Upholds Pentagon Labeling Anthropic a Security Risk
Conflicting court rulings over the Pentagon dispute with Anthropic complicate the AI developer's ties with Trump administration.
----
Microsoft Launches Copilot 'Super App' in Push to Monetize AI
Microsoft's stock move signals that shareholders view the new app as a positive step for the company.
----
Cracks in Oracle's AI Data Center Build-Out Appear in New Mexico Project
Oracle sent a force majeure notice to the developer, has removed one key development partner and faced local resistance in Project Jupiter.
----
ArcelorMittal Drops Plan to Restart Ukrainian Operations After Missile Strikes
The steelmaker said it isn't able to safely restart operations at its Ukrainian subsidiary after missile attacks killed five people and injured 17 employees.
----
Novo Nordisk to Pay Up to $1.3 Billion for Nanexa's Drug Delivery Technology
Novo Nordisk agreed to license and develop the technology, which could cut the frequency patients need to inject its obesity and diabetes drugs.
----
Chemicals Giant BASF Moves for Rival Evonik
The German company said it entered initial talks over a takeover of smaller peer Evonik, a tie-up that would bolster BASF's dominant position in Europe's chemicals industry.
----
Anthropic to Pay Akamai Technologies $11.6 Billion Over Seven Years for Cloud Services
The deal provides for a potential $9 billion expansion, representing a total potential commitment of around $20 billion, Akamai said.
----
Tesla's stock falls as launch of Semi truck fails to excite investors
Autonomous trucking represents a compelling opportunity for Tesla, but it's unclear what the company's initial Semi targets look like.
----
DP World Reroutes Cargo as Costs Mount From Hormuz Disruption
CEO Yuvraj Narayan scrambles to build alternative supply routes around Port of Jebel Ali with Hormuz closure cutting profits by $90 million a month.
----
MGM Resorts Eyeing Bid for Barry Diller's People Incorporated
The billionaire's company, which has a stake in MGM, also owns titles including Food & Wine magazine.