CoreWeave Finds a Workaround to Capital Constraints-for Now
The company's ambitious plans will still require cooperation from capital markets.
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OpenAI Continues to Suffer Heavy Losses as Revenue Rises to $10 Billion
The company improved its adjusted operating margin but remains far off from profitability.
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NYSE Affiliate to Launch 24/7 Tokenized Stock Trading This Month
Eligible U.S. customers will be able to trade tokenized versions of more than 70 assets starting on Nov. 23, said Intercontinental Exchange and OKX's joint venture OKXICE.
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Western Union Scraps $500 Million International Money Express Takeover
Western Union has ended its $500 million deal to buy fellow cross-border payment company International Money Express, or Intermex, due to pushback from California regulators.
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McCormick's $65 Billion Unilever Foods Tie-Up Could Harm Competition, U.K. Regulator Warns
The competition regulator gave the companies one week to address its concerns.
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TSMC Approves Up to $1 Billion Investment Plan in Anthropic, OpenAI
The move to buy stakes in the industry's most influential model developers shows TSMC's desire to broaden its AI exposure beyond manufacturing advanced chips.
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AkzoNobel-Axalta $25 Billion Merger Could Harm Competition, U.K. Regulator Warns
The Competition and Markets Authority said the merger would be referred for an in-depth investigation unless the parties offered to address concerns.
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Nissan, Back in Red, Cuts Sales View on China Slump
The Japanese carmaker has attributed weak Chinese sales to slow economic growth and an accelerated shift to electrified vehicles.
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Alibaba's Chip Unit Files for Hong Kong Listing
The listing, which still needs Chinese securities regulators' approval, could see T-Head valued at $85 billion, Nomura estimates show.
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KKR, Germany's RWE Invest $16 Billion in U.K. Wind-Power Projects
Both parties will develop, construct and operate the Vanguard West and East projects in the British North Sea, which rank among the U.K.'s largest offshore-wind developments.
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Hapag-Lloyd Raises Guidance Again on Strong Freight Rates
Shares rose after the shipping company raised its full-year earnings guidance again, noting that fourth-quarter performance was developing better than expected.
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Siemens Energy Shares Jump on Steeper Profit Targets Through 2030
The German maker of energy equipment said it was targeting sales growth and a jump in profitability in new midterm targets covering the next four years.
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EU Takes Aim at Influencer Marketing, Deceptive Online Tactics With Revamped Rules
The European Union proposed new legislation to tighten its online consumer protection rules, targeting deceptive designs, influencer marketing and artificial intelligence.
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Barrick Moves Toward Listing North American Gold Assets With SEC Filing
The Canadian mining company plans to offer up a minority stake in what will be known as American Barrick Gold, which will be listed on the New York Stock Exchange.
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Masayoshi Son's Huge Bet on Electrical Turbines Backfires
SoftBank reserved enough gas turbines to generate the power of six Hoover Dams. It cost the company billions of dollars in losses.