Ackman takes $2.3bn stake in Uber

Trump should not take bond investors for granted

It needs only a small reduction in the dollar slice of global reserves to hit prices and raise borrowing costs

Financial Times - 1h

DOGE takes a 'slash and burn' approach to federal spending

It took more than eight years for former Clinton administration adviser Elaine Kamarck to cut approximately 426,000 jobs, 16,000 pages and $136 billion — in 1990s dollars — from the federal ...

NBC News - 9h

Bill Ackman reveals he's been building a more than $2 billion stake in Uber

The hedge fund manager said his fund began buying Uber shares in early January and has amassed 30.3 million shares, worth $2.3 billion.

CNBC - 13h

Green Energy Ambitions of European Companies Take a Beating

Orsted of Denmark and Equinor of Norway tap the brakes on offshore wind development after setbacks and market shifts.

The New York Times - 1d

D.C. Lawmakers Take Aim at DeepSeek

Lawmakers are said to be working on a bill to block the Chinese chatbot app from government devices, underscoring concerns about the artificial intelligence race.

The New York Times - 1d

Is Waymo Friend or Foe to Uber?

The fast expansion of Waymo’s driverless car service is growing competition for Uber. The companies are also partners.

The New York Times - 2d

With China’s Antitrust Investigation Into Google, What’s at Stake?

China said it had started an antitrust investigation of Google, which works with Chinese companies on smartphones and advertising outside the country.

The New York Times - 3d