Microsoft Hiring Sam Altman Won’t Solve Its OpenAI Problem
After a chaotic few days of boardroom coups and attempted counter-coups at OpenAI, Microsoft Corp. said it would
2023-11-21 20:26
How a Billionaire Banker Is Helping Elite US Colleges Recruit New Talent
Byron Trott says the small Missouri town where he grew up wasn’t the kind of place that got
2023-11-21 19:58
Geely Takes On Tesla, BYD in Malaysia With Smart EV Launch
Geely Automobile Holdings Ltd. is bringing its electric vehicles to Malaysia, where it will compete with industry leaders
2023-11-21 19:54
Lowe’s Cuts Sales Forecast on Falling Home-Improvement Spending
Lowe’s Cos. reduced its full-year revenue forecast again, underscoring the shift away from big home-renovation projects after the
2023-11-21 19:28
Blackstone to End Legacy Strategy That Gave Money to Hedge Funds
Blackstone Inc. is winding down a strategy that allocated capital to hedge funds ranging from Two Sigma Investments
2023-11-21 18:57
Bond Managers of $2.5 Trillion Make Case for Leaving Cash Behind
For investors stashing record sums in cash, US bond managers overseeing a combined $2.5 trillion have a bit
2023-11-21 18:18
Siemens Energy Confronts Bruised Investors Looking for Answers
After multiple shocks wiping off billions of euros of market value, Siemens Energy AG will be trying to
2023-11-21 17:54
Bond Traders Boost US Recession Bets as the Economy Stumbles
Treasury investors are turning increasingly skeptical the Federal Reserve will deliver a soft landing for the US economy
2023-11-21 17:50
Japan Urges LNG Buyers to Sign Long-Term Deals for Fuel Security
Japan’s government is asking liquefied natural gas importers to secure new decades-long supply deals under efforts to boost
2023-11-21 17:24
Italy Sells 25% Stake in Monte Paschi for About €920 Million
Italy sold about 25% of Banca Monte dei Paschi di Siena SpA for approximately €920 million ($1 billion)
2023-11-21 16:48
Citigroup’s Top Saudi Banker Haddad Takes Vice Chairman Role
Citigroup Inc. named Carmen Haddad, one of the firm’s most senior bankers in the Middle East, to a
2023-11-21 16:26
British Airways Owner Promises to Reinstate Dividend Payout
British Airways owner IAG SA dangled the prospect of resuming dividend payments for the first time after the
2023-11-21 16:17