Business

Paramount vs. the States

An effort to block media giant’s planned takeover of Warner Bros. Discovery underscores how states are taking a more active role in antitrust regulation.An effort to block media giant’s planned takeover of Warner Bros. Discovery underscores how states are taking a more active role in antitrust regulation. internal-storyline-no, Mergers, Acquisitions and Divestitures, Paramount Skydance, Warner Bros […]

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Big Banks Smash Earnings Records, but ‘Tectonic’ Risks Loom

The largest banks in the United States collectively raked in tens of billions of profits in the second quarter, despite the war in Iran and persistent inflation.The largest banks in the United States collectively raked in tens of billions of profits in the second quarter, despite the war in Iran and persistent inflation. Banking and Financial

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Chai Discovery, an A.I. Drug Start-Up, Raises $400 Million

The fund-raising values the company at $3.8 billion and underscores investor interest in using artificial intelligence to tackle problems like drug discovery.The fund-raising values the company at $3.8 billion and underscores investor interest in using artificial intelligence to tackle problems like drug discovery. Artificial Intelligence, Venture Capital, Drugs (Pharmaceuticals), Start-ups, Eli Lilly and Company, Index Ventures

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U.S. Workers Are More Productive Than Ever. And That’s Without A.I.

Companies have been getting more out of employees for several years. Tight labor markets, digitization and remote work are among the reasons.Companies have been getting more out of employees for several years. Tight labor markets, digitization and remote work are among the reasons. Productivity, Artificial Intelligence, United States Politics and Government, Labor and Jobs, United States

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How a Promising Navy Drone Boat Program Got Mired in Politics

Navy acquisition reforms upended a $2.1 billion contract competition. When it was over, several companies with ties to the Trump administration had made the cut.Navy acquisition reforms upended a $2.1 billion contract competition. When it was over, several companies with ties to the Trump administration had made the cut. United States Defense and Military Forces, Defense

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Oil Rises Above $85 a Barrel as Gulf Clash Escalates

Brent crude, the international benchmark, breached $85 per barrel for the first time in a month.Brent crude, the international benchmark, breached $85 per barrel for the first time in a month. US and Israeli Attack on Iran (2026), Oil (Petroleum) and Gasoline, Prices (Fares, Fees and Rates), Stocks and Bonds, Standard & Poor’s 500-Stock Index, Iran Read

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Trump’s Strait of Hormuz Fee Could Double the Cost of Shipping

The potential expense of a 20 percent charge to move oil and other goods through the strait has stirred concern among shippers.The potential expense of a 20 percent charge to move oil and other goods through the strait has stirred concern among shippers. US and Israeli Attack on Iran (2026), Ships and Shipping, Oil (Petroleum) and

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Trump Administration Is Snapping Up Stakes in Private Companies. Could A.I. Be Next?

Some tech executives are nervous that the administration’s recent scrutiny of artificial intelligence models could be a prelude to a demand for an ownership stake.Some tech executives are nervous that the administration’s recent scrutiny of artificial intelligence models could be a prelude to a demand for an ownership stake. Artificial Intelligence, Regulation and Deregulation of Industry,

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The Fed’s Christopher Waller Warns of Higher Rates if Inflation Stays High

Christopher J. Waller, a governor at the Federal Reserve, said he needs to see several months of lower inflation data to feel confident about the outlook.Christopher J. Waller, a governor at the Federal Reserve, said he needs to see several months of lower inflation data to feel confident about the outlook. Inflation (Economics), Banking and Financial

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