Orsted to File Additional Legal Challenge to Trump's Offshore Wind Halt
The company said one of its projects faces substantial harm from last month's stop-work order and that it would initiate preliminary proceedings in the U.S. District Court for the District of Columbia.
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How Google Got Its Groove Back and Edged Ahead of OpenAI
After ChatGPT dominated the early chatbot market, Google staged a comeback with a powerful AI model. It also launched the biggest search-engine overhaul in years.
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Nvidia CEO Says Chinese Demand for Its AI Chips Is 'Quite High'
"H200s are flowing" since the company won White House approval to sell the processor in China, Jensen Huang said.
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xAI Raises $20 Billion in Series E Funding Round, Surpassing Initial Target
The company behind the Grok large language model said that investors in the funding round included the Qatar Investment Authority, Valor Equity Partners, Stepstone Group, MGX and Baron Capital Group, and Fidelity Management & Research Company.
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Eli Lilly Nears Deal for Biotech Ventyx
The more-than-$1 billion deal could come imminently.
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Berkshire Hathaway CEO Abel's Salary Set at $25 Million, Topping Buffett
It is a substantial increase from the pay of his predecessor Warren Buffett, who took an annual salary of $100,000 for more than 40 years.
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Caterpillar CEO Elected Executive Chairman, Predecessor to Retire
Caterpillar Chief Executive Officer Joe Creed, who joined the company in 1997, succeeds D. James Umpleby III who will retire effective April 1.
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Mobileye Acquires Startup Mentee Robotics for $900 Million
Mobileye said the acquisition would accelerate Mentee's go-to-market strategy for its AI-powered humanoid robotics, with proof-of-concept deployments expected in 2026 and commercialization targeted for 2028.
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OneStream to Go Private Through $6.4 Billion Hg Acquisition
OneStream shareholders will receive $24 a share, a 31% premium over Monday's closing price.
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Monroe Capital Starts Year With New $6.1 Billion Private Credit Haul
The firm's latest private credit fund and related vehicles support loans to lower middle-market companies.
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First Brands Creditors Allege Utah Financier Paid Kickbacks for 'Usurious' Deals
Unsecured creditors say Onset Financial worked with founder Patrick James's brother on financing deals returning 300%.
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Hilton, ICE and the New Playbook for Handling an Online Crisis
The hotel company severed ties with a Hampton Inn less than 24 hours after allegations that it canceled rooms for immigration agents.
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AIG Stock Sinks on CEO's Surprise Plan to Step Down
Longtime Aon executive Eric Andersen will take the reins after a turbulent period at the insurer.
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Ford Sales Rise on Increased Demand for Lower-Priced Trucks
Ford recorded more fourth-quarter sales compared with the prior year, as lower-priced truck sales helped it more than offset a decline in electric vehicles.
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Meta Pauses European Rollout of Smart Ray-Bans as Americans Lap Up Supply
The Ray-Ban Display smartglasses, developed in partnership with Franco-Italian eyewear group EssilorLuxottica, had been planned to be made available for sale in Canada, France, the U.K. and Italy early this year.
(END) Dow Jones Newswires
January 07, 2026 03:00 ET (08:00 GMT)
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