Critics in the Trump administration accuse the central bank of straying from its mandate, overreaching on regulation, and being wrong about interest rates. Yet these barbs all draw on an orthodox idea ...

India's artificial intelligence angst may be premature. OpenAI and Perplexity's aggressive entry into the country has sparked fears that it's falling behind the U.S. But the emergence of China's ...

Oracle, Comcast and Spotify are splitting the top job between two executives. Netflix made the arrangement work for the benefit of investors. More often it's a recipe for conflict, as Citi found out.

Strikes have hit Russian refineries but so far left its 5 mln barrels of daily crude exports mostly unscathed. Yet Kyiv has the motive and the means to do more damage to Moscow’s fossil fuel revenues.

The Sage of Omaha will step down from the $1 trln conglomerate at year’s end. His biggest acquisition in three years, buying Occidental’s chemical business for $10 bln, may therefore be his swansong.

Beijing has paused iron ore purchases from the miner. New supplies from Africa and China's crackdown on overcapacity make it a good time for the People's Republic to test its pricing power. To break ...

Eli Lilly and Novo Nordisk dominate the weight-loss market. Yet Pfizer, Roche and others are scooping up new drugs in a bid to grab a slice of a $130 bln revenue opportunity. The potential to improve ...

Companies spent more on electric vehicle supply chains overseas than at home for the first time in 2024. But the pace of investment is slowing and less than half of the $143 bln projects announced ...

Pfizer agreed to lower prices on US state-backed medications, setting a template for peers. It's a coup for drugmakers who avoid upfront tariffs and big cuts to a $700 bln market. President Trump can ...

The kingdom’s Public Investment Fund is likely to provide most of the equity funding for the $55 bln take-private of Electronic Arts. Betting on a US gaming group runs counter to the vehicle’s recent ...

What’s the value of a company with no revenue, 15,000 acres of land, and plans for a nuclear-powered AI facility? Over $15 bln, according to stock market investors. The former Texas governor will ...

Democrats can start clawing back some control from the White House by standing firm in talks over $1.8 trln in the budget. The president's threatened firing spree in a shutdown would be painful, but ...