Latest in Firms Trump's Stargate
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Firms in Trump's Stargate venture have touted DEI programs, clashing with new order
President Trump has announced a major AI initiative called "Stargate" -- but the firms involved have DEI policies that go against his goal of eliminating such programs.ABC News - 4h -
Defunct funeral firm payments 'a slap in the face'
Tens of thousands of people are still owed money after Safe Hands fell into administration in 2022.BBC News - 6h -
Elon Musk Casts Doubt on Trump’s $100 Billion Stargate A.I. Announcement
Mr. Trump had claimed the A.I. announcement as an early trophy, taking credit for the companies’ decision to spend up to $500 billion building data centers.The New York Times - 8h -
Musk clashes with OpenAI CEO Sam Altman over Trump-supported Stargate AI data center project
Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by President Donald Trump, the latest in a feud between the two billionaires ...ABC News - 10h -
Musk undercuts Trump on Stargate AI investment announcement
Open AI CEO Sam Altman, Oracle co-founder Larry Ellison and Softbank CEO Masayoshi Son appeared alongside President Donald Trump to announce the Stargate plan.CNBC - 11h -
OpenAI spars with Elon Musk over $500bn Stargate project
Tesla boss in rare break with Donald Trump over AI initiative, saying ‘they don’t actually have the money’Financial Times - 13h -
Trump Announces Project Stargate, a Massive New Investment in AI
The venture involves OpenAI, Softbank, and Oracle, and starts with an investment of $100 billion.Inc. - 1d -
As Trump Takes Office, Zelensky Urges Europe to Stand Firm Against Russia
Speaking a day after Trump’s inauguration, Ukraine’s president told world leaders at Davos that Europe needs to remain united and “learn how to take care of itself.”The New York Times - 1d -
Here's what to know about Trump's Stargate AI deal with OpenAI
The $500 billion Stargate project is projected to create hundreds of thousands of jobs. Here's what's known so far.CBS News - 8h -
Elon Musk undercuts Trump's Stargate AI investment announcement
Elon Musk claimed overnight Tuesday that tech giants OpenAI, Oracle and Softbank don’t have enough money to fulfill their high-profile pledge to invest $500 billion in U.S. artificial intelligence ...NBC News - 12h -
Tech giants are putting $500bn into 'Stargate' to build up AI in US
Trump has extolled the project as an important investment, but Elon Musk is throwing shade on it.BBC News - 12h -
Trump may not like wind power, but Stargate AI plan is a boon for GE Vernova
GE Vernova’s stock was rallying toward a sixth straight record close Wednesday as optimism over how the power business will benefit from President Trump’s AI plan overshadowed weakness in wind.MarketWatch - 13h -
Musk: 'They don't actually have the money' for Trump-touted Stargate project
Tech billionaire Elon Musk voiced doubts about President Trump's newly announced infrastructure plan for artificial intelligence, claiming the technology companies behind the effort do not yet have ...The Hill - 15h -
U.S. investors liked the Stargate AI news. Asian investors loved it.
SoftBank shares surged — on five times the previous day’s volume — on Wednesday after the Japanese investment group landed a starring role in an U.S. artificial intelligence infrastructure buildout ...MarketWatch - 17h -
Oracle, Nvidia and other Big Tech stocks jump as Trump rolls out Stargate AI initiative
President Trump announced a major AI infrastructure investment of “at least $500 billion,” signaling a willingness to work alongside large tech companies.MarketWatch - 1d -
Trump announces 'Stargate' AI infrastructure project with 'colossal data centers'
President Trump is joined by Larry Ellison, Masayoshi Son and Sam Altman to announce a new American company that will invest $500 billion in AI infrastructure.NBC News - 1d -
European stocks open mixed as Trump 2.0 kicks off; Energy firm Orsted drops 15% on U.S. impairment
European stocks are expected to open slightly higher Tuesday as traders digested the first executive orders signed by newly inaugurated President Donald Trump.CNBC - 1d -
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Influential activist short-seller firm Hindenburg Research says it is shutting down
Founder Nathan Anderson says he and his team are ready to move on to the next chapter in their lives after just eight years.MarketWatch - 6d -
Private equity firm Providence weighs £1bn sale in latest events transaction
Company in early-stage deliberations over sale of CloserStill amid surging demand for conferencesFinancial Times - Jan. 15 -
Here's where insurance firms see the most risk for disasters
In the months preceding the outbreak of the infernos now raging through Los Angeles County, home insurance carriers began withdrawing new coverage in response to the rising threat from wildfires, ...NBC News - Jan. 14 -
KPMG readies challenge to US law firms
Big Four accounting firm wins panel endorsement for Arizona license to offer legal services to corporate AmericaFinancial Times - Jan. 14 -
Imec spins out Vertical Compute memory chip firm in $20.5M deal
Europe's Imec.xpand is spinning out memory chip firm Vertical Compute in a seed investment round worth $20.5 million.VentureBeat - Jan. 14 -
Kalshi names Donald Trump Jr. as strategic advisor to prediction market firm
The president-elect's eldest son's growing business footprint now includes the prediction market platform that rose to prominence during the 2024 election.CNBC - Jan. 13 -
GSK to buy US cancer drug firm IDRx for up to $1.15bn
Massachusetts-based company is working on new treatments for gastrointestinal cancers. Business live – latest updates GSK has struck a deal worth up to $1.15bn (£950m) to acquire a ...The Guardian - Jan. 13 -
Transfer rumors, news: Man City make firm move for Marmoush
Manchester City are on the verge of signing striker Omar Marmoush from Eintracht Frankfurt. Transfer Talk has the latest news, gossip and rumors.ESPN - Jan. 11 -
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Starmer aide to receive dividends from corporate advisory firm Hakluyt
Varun Chandra still holds majority of his previous stake in the group despite joining Downing Street in JulyFinancial Times - Jan. 9 -
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Bottom Line: Palantir taps Trump-tied firm as it chases government contracts
Defense Palantir Technologies has hired Miller Strategies to lobby on issues related to defense policy and appropriations. The U.S. government has awarded Palantir nearly $2.5 billion in contracts ...The Hill - Jan. 8 -
Shein lawyer refuses to tell MPs if fashion firm uses Chinese cotton
Yinan Zhu declined to say whether it retailer's suppliers used Chinese cotton amid concerns over forced labour.BBC News - Jan. 7 -
U.S. Steel CEO appeals to Trump after Biden blocks deal with Japanese firm
President-elect Trump has also opposed Nippon Steel's $15 billion acquisition of U.S. Steel, which President Biden blocked last week.NBC News - Jan. 7 -
Jeans brand True Religion acquired by PE firm, American Eagle-linked investment firm
True Religion, the Y2K-era jeans brand in the midst of a comeback, has been acquired by private equity firm ACON Investments and its partner SB360 Capital.CNBC - Jan. 7 -
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Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - Jan. 6 -
The Gen Z problem for audit firms
The profession is finding it harder to attract and retain staff — a key factor in the quality of inspectionsFinancial Times - Jan. 6 -
US set for IPO comeback as private equity firms seek to offload holdings
Bankers hope strong 2024 gains for Wall Street equities and pro-business policies will drive listings reboundFinancial Times - Jan. 5 -
Chinese cyber firm linked to botnet attack sanctioned in US
The federal government hit Chinese cyber group Integrity Technology Group with new sanctions on Friday, citing alleged computer intrusion incidents against those in the U.S. At the direction of the ...The Hill - Jan. 3 -
Green-Energy Firms' Pitch to Trump: You're Going to Need a Lot of Power
Instead of touting projects as “clean and affordable,” renewables firms are highlighting their projects’ ability to meet energy needs.The Wall Street Journal - Jan. 1
