Bloomberg L.P.3d
Musk Says DOGE Halting Treasury Payments to US Contractors
Elon Musk said his “DOGE team” of government efficiency enforcers is shutting down some payments to federal contractors, suggesting that the world’s richest man may have access to sensitive ...
Bloomberg L.P.6d
DeepSeek’s AI Restricted by ‘Hundreds’ of Companies in Days
Companies and government agencies around the world are moving to restrict their employees’ access to the tools recently released by the Chinese artificial-intelligence startup DeepSeek ...
Bloomberg L.P.5d
Millennium Commodities Arm Earned More Than $500 Million in 2024
Izzy Englander’s Millennium Management earned more than $500 million from commodities investments last year, people familiar with the matter said, as the business develops after becoming a ...
Bloomberg L.P.5d
Nvidia’s DeepSeek Drop Has Wall Street Fixated on Key Stock Mark
On Wall Street, all eyes are on Nvidia Corp.’s stock as chart-watchers search for signs the chipmaking giant will claw its way back from a DeepSeek-driven rout, given its power to sway the ...
Bloomberg L.P.6d
Private Equity Returns Overtake Private Credit in Rebalancing
Private equity returns overtook those offered by private credit in the third quarter, according to data from State Street Corp., in what some see as a sign of a longer-term rebalancing between the ...
Bloomberg L.P.6d
Tentative IPO Rebound Threatened by DeepSeek-Fueled Volatility
When US tech stocks were crushed by the emergence of DeepSeek this week, already-cautious investors found one more reason to be skeptical about buying into venture-backed initial public offerings ...
Business Insider6d
FTC probing Uber, Lyft over NYC driver pay, Bloomberg reports
The Federal Trade Commission is probing whether Uber (UBER) and Lyft (LYFT) illegally coordinated to limit driver pay in New York City, Leah Nylen and Natalie Lung of Bloomberg report, citing ...
Business Insider6d
Vertex Pharmaceuticals’ non-opioid painkiller approved by FDA, Bloomberg says
17:51 EST Vertex Pharmaceuticals (VRTX)’ non-opioid painkiller approved by FDA, Bloomberg says Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news.
Business Insider6d
Starbucks, union to bring in mediator for contract talks, Bloomberg reports
Starbucks (SBUX) and its union have agreed to include an outside mediator for contract talks in an attempt to revive negotiations on a landmark pact, which have stalled, Bloomberg’s Josh ...
Business Insider3d
Exxon, Chevron betting part of their future in supplying energy, Bloomberg says
Kevin Crowley of Bloomberg reports. Those plans, however, took a significant knock after the release of DeepSeek’s AI model, which uses a fraction of the power required to run the AI models ...
Business Insider6d
Uber, Lyft face antitrust probe over New York City driver pay, Bloomberg says
11:34 EST Uber (UBER), Lyft (LYFT) face antitrust probe over New York City driver pay, Bloomberg says Published first on TheFly – the ultimate source for real-time, market-moving breaking ...