Openai Rejects Elon Musks 974 Billion Bid for Control of the Company
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UK companies pay less than half of fines issued for filing accounts late
Disparity raises questions about ability of Companies House to tackle non-complianceFinancial Times - 3d -
How the FDA's approval for food additives works, and why experts say a loophole allows companies to bypass it
Experts say that for decades, a legal loophole has allowed companies to include chemical additives that could be potentially dangerous to consumers' health.CNBC - 3d -
Trump Envoy Suggests U.S. Companies Could Do Business In Russia Amid Peace Deal
Steve Witkoff says in the event of a peace deal in the Ukraine war, U.S. firms could operate in Russa.Inc. - 2d -
Hims & Hers shares tumble after company misses on margin, says may stop selling some weight loss drugs
Hims & Hers Health reported fourth-quarter results on Monday that beat analysts' expectations, but the stock sank in extended trading.CNBC - 1d -
US companies left out of defence stock rally amid Trump’s Pentagon cuts
Fears over spending come as European groups’ shares soar on White House’s threat to cut support for region’s securityFinancial Times - 1d -
Company does about-face after telling employees they could be fired if still single by September
A company in China has rolled back a policy threatening never-married and divorced employees with termination if they were still single by the end of September, after pushback from the public as ...NBC News - 1d -
How digitally native companies like Rothy's are growing profitably in a new era for retail
Flats maker Rothy's is growing profitably after expanding into wholesale and building its store fleet. In 2024, it saw sales grow 17%.CNBC - 1d -
Putin ready to work with US companies on mining rare-earth deposits in Russian-occupied Ukraine
Russian President Vladimir Putin said his nation was ready to work with U.S. companies to secure rare raw minerals within the nation’s borders in hopes of ending the conflict in Ukraine after three ...The Hill - 1d -
How digitally native companies like Rothy's are growing profitably in a new era for retail
Direct-to-consumer footwear brand Rothy’s just recorded its best year on record after the company appointed retail veteran Jenny Ming, one of the co-founders of Old Navy, as its CEO.NBC News - 1d -
TJ Maxx parent company posts strong holiday quarter, but issues weaker-than-expected guidance
The company behind T.J. Maxx, Marshall's and HomeGoods has seen growth start to slow down, but it's one of the few retailers that could benefit from tariffs.CNBC - 3h -
Super Micro Computer shares surge 18% after company files delayed financials by deadline
Super Micro also filed results for the first two quarters of the fiscal 2025 year and said it has "regained compliance" with Nasdaq requirements.CNBC - 7m -
GameStop CEO Ryan Cohen hikes his personal stake in Alibaba to $1 billion, WSJ says
Cohen's sizable stake in Alibaba is a bullish bet on China's economic growth in the long run, The Wall Street Journal said.CNBC - 5d -
Netflix Plans to Spend $1 Billion Making Content in Mexico Over the Next 4 Years
Netflix CEO Ted Sarandos says the money will go toward projects like Alfonso Cuarón’s film Roma, which was made in Mexico and went on to international acclaim.Wired - 5d -
Senate adopts $340 billion budget blueprint for Trump's agenda after marathon 'vote-a-rama'
The Republican-controlled Senate on Friday morning adopted a $340 billion budget blueprint designed to boost funding for President Donald Trump's immigration enforcement efforts, energy production ...NBC News - 5d -
Crypto exchange Bybit suffers $1.4 billion hack. Here’s why it’s troubling for the industry.
The hack of Bybit is the latest incident in which the crypto industry has been targeted.MarketWatch - 4d -
Hackers steal $1.5 billion from exchange Bybit in biggest-ever crypto heist
Bybit, a major cryptocurrency exchange, has been hacked to the tune of $1.5 billion in digital assets, in what’s estimated to be the largest crypto heist in history.NBC News - 4d -
Hackers steal $1.5 billion from exchange Bybit in biggest-ever crypto heist
Bybit, a major cryptocurrency exchange, has been hit by the largest crypto heist in history.CNBC - 4d -
Newsom requests nearly $40 billion in disaster aid following Los Angeles wildfires
California Gov. Gavin Newsom (D) sent a letter to members of Congress requesting nearly $40 billion in funding to rebuild communities after wildfires devastated the Pacific Palisades and Altadena ...The Hill - 3d -
California Gov. Gavin Newsom asks Congress for nearly $40 billion for Los Angeles wildfire relief
SACRAMENTO, Calif. — California Gov. Gavin Newsom has asked Congress to approve nearly $40 billion in aid to help the Los Angeles area recover from January’s devastating wildfires, which he said ...NBC News - 3d -
Berkshire operating earnings surge 71% in fourth quarter, cash hoard balloons to record $334 billion
Berkshire Hathaway reported fourth-quarter results on Saturday. The company's Class A shares popped more than 25% in 2024.CNBC - 2d -
Forget Stargate. Apple now has its own $500 billion investment plan.
Apple is matching the amount of the Stargate AI joint venture — and building goodwill with the new administration in a familiar approach.MarketWatch - 2d -
Apple boosts U.S. investment plans with $500 billion pledge amid Trump tariff threat
Apple on Monday reaffirmed a commitment to spend hundreds of billions on U.S. soil in the coming years amid pressure from President Donald Trump.NBC News - 2d -
Just Eat shares soar 54% after Prosus offers to buy food delivery firm for $4.3 billion
Just Eat Takeaway.com is poised to be acquired by Dutch technology investor Prosus in a deal worth roughly 4.1 billion euros ($4.3 billion).CNBC - 2d -
Apple to open AI server factory in Texas as part of $500 billion U.S. investment
Apple said it will work with partners to open a 250,000-square-foot AI server manufacturing facility in Houston.CNBC - 2d -
Apple announces $500 billion investment in US amid tariff threats that could affect the iPhone
Apple announced Monday that it plans to invest more than $500 billion in the United States over the next four years, including plans to hire 20,000 people and build a new server factory in TexasABC News - 2d -
Microsoft reiterates plan to invest $80 billion in AI, but may 'adjust our infrastructure in some areas'
Microsoft hasn't backed off its plan for the current fiscal year but acknowledged that it may makes some infrastructure adjustments.CNBC - 1d -
Crypto exchange Bybit says it fully replenished reserves after record $1.5 billion hack
Bybit said it recovered nearly 447,000 ether tokens, replenishing its reserves through a mix of emergency loans and whale deposits.CNBC - 1d -
GM raises dividend and unveils $6 billion buyback program to cheer weary shareholders
Uncertainty about tariffs and labor-cost headwinds have weighed on stock this yearMarketWatch - 5h -
North Korea’s $1.5 billion crypto hack is chump change — given what’s lurking
Crypto’s vulnerability to theft will keep bitcoin from widespread useMarketWatch - 5h -
Munich Re announces buybacks even after saying it expects $1.2 billion in claims from California fires
Shares of Munich Re climbed on Wednesday after the German reinsurer stuck to its outlook, despite announcing hefty expected claims from California wildfires.MarketWatch - 2h -
Eli Lilly to spend up to $27 billion in new domestic plants amid Trump tariff threat
Drugmaker Eli Lilly plans to invest up to $27 billion to build four new pharmaceutical manufacturing sites in the U.S., the company announced Wednesday, a move that comes as President Trump is ...The Hill - 2h -
Eli Lilly to spend $27 billion to expand U.S. manufacturing with four new sites
Eli Lilly & Co.’s stock rose 1.6% Wednesday, after the drug company announced plans to expand its U.S. manufacturing sites by adding four more locations this year, along with 13,000 high-wage jobs.MarketWatch - 1h -
Federal judge rules Trump administration could have to pay nearly $2 billion
Judge Amir Ali said the Trump administration violated a court order about foreign aid and is ordering them to pay millions to nonprofits.ABC News - 2h -
U.S. will spend up to $1 billion to combat bird flu, USDA secretary says
The U.S. will invest up to $1 billion to combat the spread of bird flu, including increasing imports of eggs, agriculture secretary Brooke Rollins said.NBC News - 2h -
CBS must defend our free press, not settle Trump's $20 billion lawsuit
CBS has some figuring out to do with regards to free expression.The Hill - 37m -
Trump praises Doge in first cabinet meeting and claims ‘billions’ in savings without evidence – live
Elon Musk attends first cabinet meeting of Trump’s second term amid chaos and confusion caused by his efforts to cull the federal government workforce. There has been reaction to Trump’s proposal ...The Guardian - 16m -
5 takeaways from Musk's CPAC talk
Elon Musk served as one of the main attractions at the Conservative Political Action Conference (CPAC) on Thursday evening with a late-scheduled appearance that saw him wield a chainsaw and discuss ...The Hill - 5d -
Europe’s elite fears Trump, Musk and the truth
The EU's ruling class has become fanatical in its desire to censor.The Hill - 5d -
Musk boasts federal cuts by hoisting chainsaw at conference
Elon Musk drives home his rapid shredding of the federal government by hoisting a chainsaw representing the slashing of jobs and spending during a conference. Some Republicans are facing pushback ...NBC News - 5d -
DOJ dropping immigration case against Musk's SpaceX
The Department of Justice (DOJ) said Thursday it is planning to drop its lawsuit against Elon Musk's SpaceX, which alleged the company discriminated against refugees and asylees during the hiring ...The Hill - 5d