Musk explains why chips diverted from Tesla to X
Elon Musk confirmed he has diverted artificial intelligence (AI) chips away from Tesla Inc to his X Corp and xAI…
Skydance’s latest offer opens the door to rivals
Paramount Global chairperson Shari Redstone is unhappy with Skydance Media’s reduced offer for the family’s controlling stake in the company,…
Nasdaq unit explores private IPOs for startup stakes
Nasdaq Inc’s private market subsidiary is seeking to be the first in the United States to offer companies the option…
Massive base pay jump still leaves doubts
Japanese workers’ base pay jumped by the largest margin since 1994 in a sign that corporate pledges to offer wage…
Axos Financial shares fall after Hindenburg takes short position
Short seller Hindenburg Research disclosed a short position in digital bank Axos Financial, alleging lax underwriting standards and glaring issues…
Property sector concerns affect US banking system
When it comes to commercial real estate, investors in the US banking sector are on edge.
Crypto industry’s lobbying drive ‘will pay off’ in US elections this year
The president of US crypto firm ripple is “optimistic” that a lobbying push by the crypto industry will yield results…
New UK banknotes daily usage may take time
UK banknotes featuring the portrait of King Charles III were due to enter circulation yesterday, though they’re likely to be…
Red Lobster owner meets ESG goals
The Thai seafood supplier that owns Red Lobster Management LLC says it has achieved three of its environmental, social and…