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A Republican senator crucial to Pete Hegseth’s chances of being confirmed as secretary of Defense said she would meet with him again next week and “that he deserves the opportunity to lay out his vision for our warfighters at a fair hearing.”
The New York Police Department found a gray backpack matching the description of one carried by the killer of health insurance executive Brian Thompson, according to people familiar with the matter.
S&P Global Ratings lowered its rating on Prospect Capital Corp. to BB+, or one step into junk territory, citing losses and a deterioration in credit quality for the $7.6 billion private credit fund.
David Sacks, the VC and staunch Trump supporter, hasn’t been a key player in either crypto or AI until now.
TikTok is barreling toward a nationwide ban in the US.
The Consumer Financial Protection Bureau issued an order establishing supervisory authority over Google Payment Corp., despite the company’s objections, as the agency extends its oversight of nonbank financial platforms.
Apollo Global Management Inc. and Workday Inc. have been added to the S&P 500 index in the latest quarterly weighting change.
A former ASML Holding NV employee is facing a lawsuit in the Netherlands over suspected theft of trade secrets, according to Dutch public broadcaster NOS, in the latest breach of the maker of advanced chip-manufacturing equipment.
Software company Palantir Technologies Inc. and weapons maker Anduril Industries Inc. plan to accelerate the use of artificial intelligence in the US military and are inviting other companies to join the effort.
Southern California Edison warned more than 50,000 homes and businesses in the Los Angeles area could have their power cut to prevent fires during a wind storm.
Greece’s rating status was upgraded by Scope Ratings, which cited the strong growth and the declining debt as the main reasons for the decision.
Private equity-backed snack producer Hearthside Food Solutions has agreed to pay $4.5 million to end an investigation by Illinois authorities into allegations the business used child labor at facilities in the state.
Bank of Nova Scotia is sounding out investors on a significant risk-transfer transaction that would be linked to a portfolio of corporate loans, according to people familiar with the matter.
Time will tell what the next four years will mean for markets, but in the short term at least, it’s clear that at least one investor is benefiting mightily from the advent of the next Trump administration: Elon Musk
Bitcoin rallying to the moon, meme stocks surging for no good reason, bearish bets cratering all at once.
Fertility startup Kindbody is considering selling itself after a funding round fell through earlier this year, and it’s seeking to raise $10 million to sustain operations in the interim, according to a document reviewed by Bloomberg and people with knowledge of the matter.
