OpenAI is sticking with a plan to let employees sell shares in the company through what’s known as a tender offer, and it’s giving would-be participants an extra month to decide whether to take part, according to several people with knowledge of the matter.
One of the big winners from the sudden furious rally in the US bond market: Bill Gross.
Enbridge Inc. proposed pipeline tunnel under Michigan’s Straits of Mackinac was approved by a key commission, a win for the company amid a long-running dispute with the state’s governor over the conduit’s future.
Mexican industrial real estate trust Fibra Next is unlikely to carry out its highly anticipated initial public offering until early next year, according to people familiar with the process.
Ireland’s Paschal Donohoe, whose leadership of euro-area finance ministers has elevated his global profile, is considering a bid to lead the International Monetary Fund, according to people familiar with the matter.
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