Chinese billionaires increasingly use U.S. surrogates to build large families, raising ethical, legal, and citizenship concerns.
Browsing: Finance
Do Kwon gets 15-year sentence for $40B TerraUSD-Luna crash, highlighting risks and regulatory gaps in crypto markets.
House passes bipartisan bill overturning Trump’s order to restore collective bargaining rights for nearly one million federal workers.
Lululemon CEO Calvin McDonald steps down amid sales challenges as the company begins leadership transition and updates forecasts.
Amazon commits over $35 billion to expand AI and cloud infrastructure in India, boosting jobs and digital growth.
Nvidia and Japan’s SoftBank are in the talks to invest in Skild AI in a more than $1 billion funding round
Paramount launches a $108.4B hostile bid for Warner Bros. Discovery, challenging Netflix’s earlier acquisition agreement.
IBM advances AI strategy with $11B Confluent acquisition, boosting real-time data processing and hybrid cloud capabilities.
Costco shrimp uproar sparks debate on rising anti-Indian sentiment among US shoppers and biases in consumer spaces.
The world’s largest predictions’ market, Kalshi raises $1B Series E and partners with CNN, marking major growth in prediction markets.
Anthropic prepares for a potential 2026 IPO as it races OpenAI amid soaring valuations and intense AI competition.
Binance appoints co-founder Yi He as co-CEO with Richard Teng to lead compliance, innovation, and global expansion.
Marvell acquires Celestial AI to boost optical connectivity and expand its AI-focused semiconductor leadership.
Indian rupee hits record low past 90 per dollar amid weak inflows, rising tariffs, and accelerating currency pressures.
Nvidia invests $2B in Synopsys to accelerate AI-powered chip and system design through a major multi-year partnership.
Accenture rebrands employees as “reinventors” amid AI-driven restructuring, sparking industry criticism and workforce concerns.
AI-driven shopping boosted U.S. Black Friday online sales to record highs amid tariffs, inflation, and shifting consumer behavior.
OpenAI’s rapid AI expansion shifts massive debt to data-center partners, raising sustainability and financial-risk concerns.
OpenAI’s rapid AI expansion shifts massive debt to data-center partners, raising sustainability and financial-risk concerns.
Nvidia rebuts Michael Burry’s AI bubble claims, countering concerns on margins, stock compensation, depreciation, and financing.
Trump signals possible short-term Obamacare subsidy extension while proposing direct payments to enrollees amid ongoing ACA policy shifts.
Republican Senator Jim Justice agrees to pay $5.2 million in overdue taxes amid longstanding financial and business troubles.
HP announces major global layoffs as AI adoption, rising chip costs, and shifting market conditions reshape corporate strategies.
Foxconn gains approval for $569 million Wisconsin investment to expand AI server production and strengthen U.S. supply chains.
Vivek Ramaswamy outlines plans to reform Ohio’s education system, stressing higher standards, literacy, math skills, and teacher pay.