Google’s parent company, Alphabet, has said it plans to raise up to $80bn (£59bn) in equity to fund its vast artificial intelligence infrastructure investments, raising further questions over the economics of the AI boom.
The move, the largest equity fundraising...
Congressional Democrats are strongly opposing a US Department of Labor proposal that would allow 401(k) investments to include cryptocurrency, private credit and private equity assets, arguing the change will expose workers to riskier and more complex investments.
In a letter...
Anthropic has filed confidentially for an initial public offering on the US stock market, the company announced on Monday. The AI firm makes the Claude chatbot, popular with software engineers and other business clients, and has seen a meteoric...
Scott Pelley, a veteran 60 Minutes correspondent, called out CBS News management in a heated meeting on Monday morning, attacking the network’s decision on Thursday to fire the show’s executive producer, executive editor, and two fellow correspondents, Sharyn Alfonsi...
Jerome Powell, the former chair of the Federal Reserve, has warned that a single act of political interference in monetary policy could permanently destroy public trust in the central bank.
As Donald Trump’s administration continues to test the Fed’s longstanding...
Brenda Davis, a retiree who worked at Ford in Ohio for more than 20 years, was dismayed to learn that a new Buick she bought from General Motors was manufactured entirely in China. Foreign vehicles are strongly discouraged from...
The founder who opens Slack at 9pm on a Saturday isn’t proving how committed they are. They’re keeping something at bay.
The conventional wisdom says high-output founders are wired differently, that the inability to switch off is the price of...
In late 2023, Boitumelo Mosege fell sick. Her neck swelled up, her whole body itched and she fainted frequently. She was diagnosed with hyperthyroidism and had to give up her work as a farmer on the outskirts of Molepolole,...
On a graffitied Sarajevo backstreet, a path leads past an overgrown patch of garden to a white door. Beyond is the registered office of a company that is on the brink of winning contracts worth more than $1bn.
AAFS Infrastructure...
For such an uncannily successful politician, Donald Trump exhibits a perplexing political myopia. His most recent own-goal was endorsing Ken Paxton, a state attorney general, against four-term senator John Cornyn in the Republican primary for Senate in Texas. Trump’s...
