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OpenAI board unanimously rejects Musk's $97.4 bn proposal to buy company

Regardless of the outcome, Musk's bid is expected to complicate the company's restructuring process at a time when OpenAI is in talks with SoftBank Group Corp. to raise a massive new funding round

Donald Trump set to announce new tariffs on automobiles around April 2

The move is the latest in a rapidly widening trade war as Trump delivers on his campaign pledges to institute sweeping tariffs on US allies and rivals alike

Europe's pharma, car giants most at risk from Trump's tariff threats

Trump ordered his administration on Thursday to consider imposing reciprocal tariffs on a country-by-country basis

Elon Musk faces legal challenge over role in Donald Trump's government

A pair of lawsuits filed in federal courts in Washington and Maryland accuse the Tesla Inc. and SpaceX chief executive of exercising authority to reshape and dismantle federal agencies

Apple, Google restore TikTok app after getting assurances from Trump

The move follows weeks of uncertainty about TikTok's future, and there's still no guarantee that it will survive in the US in the long run

Donald Trump's birthright citizenship order piling up losses in court

Trump's order already had been blocked in parallel cases in Seattle, Maryland and New Hampshire, including by one judge who called the directive 'blatantly unconstitutional'

US President Trump moves to impose reciprocal tariffs as soon as April

"India has more tariffs than nearly any other country," says US President Donald Trump

Shapoorji Group in talks with credit funds for record $3.3 bn pvt debt deal

The new deal would deepen India's private credit industry, which is expanding as Prime Minister Narendra Modi's infrastructure push drives demand for middle-market funding

Karnataka seeks $4 billion private investment to expand power grid

Transmission bottlenecks have been cited as a key challenge to the growth of the renewables industry across the globe, with demand for grid equipment overwhelming supplies

India's consumption pivot to hurt smaller stocks, says Bank of America

This segment, dominated by infrastructure-related firms, beat the broader stock market handily in the past two years

Trump admin's move to cut govt spending pose risk to largest contractors

The efforts, led by Elon Musk's Department of Government Efficiency, have sparked concern about companies with federal contract exposure

Musk, DOGE see their powers expand while federal staff, remit stay shrouded

President Donald Trump signed a new executive order on Tuesday that makes DOGE even more powerful

Bezos' Blue Origin bracing for large job cuts after years of expansion

The magnitude of the job cuts wasn't immediately clear, though one of the people said it will be at least in the hundreds of jobs and potentially reach one thousand or more employees

OpenAI plans to release new GPT-4.5 model in coming weeks, says Altman

Altman said the model will be the last that the company introduces that doesn't use additional computing power to mimic the ways humans reason

Morgan Stanley set to sell $3 billion of X debt without any discount

It is the third transaction in a frenetic period of less than a month, during which Morgan Stanley led a group of seven Wall Street banks to sell a total of $6.5 billion in X debt

Elon Musk's all-cash bid for startup undercuts legal attack, says OpenAI

Altman has spurned the buyout offer, saying the company is not for sale

Rupee set for losses as RBI focuses on monetary easing, rising volatility

The rupee's recent gyrations mark a departure from its stability in the past two years, and the moves are testing new central bank chief Sanjay Malhotra's tolerance in dealing with swings

Warner Bros to open its largest Harry Potter studio tour in Shanghai

The country already has one Harry Potter attraction, the Wizarding World of Harry Potter area at Universal Studios in Beijing, which opened in 2021

US defence secy Hegseth rejects troops support, Nato membership for Ukraine

The comments amounted to a major reorientation of US policy as President Donald Trump looks for ways to bring the war in Ukraine to an end

Meta Platforms tweak accounting formula on AI servers to boost profit

By Meta's reckoning, the shift is expected to reduce the company's depreciation expense by $2.9 billion in 2025, which would, on its own, amount to almost 4% of estimated pre-tax profits for the year