Elon Musk's SpaceX is exploring a potential merger with Tesla or AI firm xAI, a move that could reshape its IPO plans and consolidate Musk's business empire
PGIM Inc. is looking to sell its loss-making India asset management unit after seeing little meaningful expansion since it acquired the business from Deutsche Bank AG a decade ago
The EU deal could also revive appetite from foreign businesses looking to diversify their operations out of China, seeing India as a possible alternative to set up factories for export into Europe
A move last week by the US SEC to advance its stalled fraud case against Adani brought another reminder of the uncertainties burnishing the appeal of local funding
Trump has openly sought to shape Fed's rate policy through his appointments in an effort to find someone broadly acceptable to markets who'll also share his inclination to cut rates further and faster
Meta has previously been accused of running afoul of rules meant to protect user privacy, including several data and privacy mishaps that ultimately led to a record $5 bn fine by the US FTC in 2019
The SEC's lawsuit alleges that Gautam and his nephew Sagar Adani violated US securities laws by making false and misleading representations about Adani Green Energy Ltd
The license covers variety of activities that could expedite the movement of Venezuelan oil, including exporting, selling, storing, refining that oil, as long as the work is performed by a US entity
Financial industry is key contributor to New York's tax base, accounting for about 7% of the city's tax revenue during the 2024 fiscal year, that's why it's profits are closely watched by officials
Tom Homan, Trump's 'border czar,' said that officials from Customs and Border Protection and ICE are working on a 'draw down plan' that hinges on cooperation from local, state and federal officials
For Microsoft, the Perplexity deal boosts its efforts to position Azure as the place to build AI applications and deploy models from a variety of vendors
Big Tech is unleashing a massive AI spending spree, with Meta and Tesla doubling down on capital expenditure even as chip shortages and bubble fears grow
Microsoft shares slumped after record AI-driven capital spending and a slowdown in Azure growth reignited investor concerns over returns on massive cloud investments
Of those, 220 were from Boeing, including 190 Max jets largely deployed by Air India Express, the carrier's low-cost subsidiary for domestic and short-haul international routes
The negotiations follow Trump's announcement last week of a "framework of a future deal," in which he pledged to refrain from imposing tariffs on European nations
