Billionaire Wealth Hits Uncharted High
A leading figure in global business has crossed a new wealth threshold, setting a fresh…
EDF Raises Nuclear Program Cost Estimate
Electricite de France SA has increased the projected cost of building six new nuclear reactors…
Medline Raises $6.26B in IPO
Medline priced its shares at $29 on Tuesday, raising $6.26 billion in one of the…
Panel Weighs Mamdani Tax Hike Plan
A televised business panel has put Mayor-elect Zohran Mamdani’s tax hike proposal under the microscope,…
AI Agents Target Holiday Shopping
As holiday spending ramps up, a growing class of AI agents is stepping into the…
Trump Weighs Executive Order to Reschedule Marijuana
Former President Donald Trump said he is considering an executive order to move marijuana to…
Pre-Packaged Chapter 11 Transfers Ownership
A key device maker will take control of a struggling company through a pre-packaged Chapter…
China Investment Slide Deepens Property Slump
China’s property woes intensified in November as a broad measure of investment fell more than…
Stocks Diverge From Fundamentals Again
Investors are grappling with a familiar problem: a company’s operations look steady, yet its shares…
Fed Board Reappoints 11 Regional Presidents
The Federal Reserve moved to steady its leadership ranks, approving the reappointment of nearly all…
Lawmakers Challenge Student-Loan Caps For Nursing
More than 140 bipartisan members of Congress have urged the U.S. Department of Education to…
Rivian Touts AI Plans Amid Headwinds
Rivian drew praise from investors for its push into AI and automation, yet the electric…