Private Equity Firm BC Partners Seeks to Take Control of LIV Golf From Saudi Wealth Fund, FT Reports

BC ⁠Partners ⁠has revived its ⁠efforts to create a ​successor to the LIV Golf league, ‌the Financial Times ‌reported on ...

Tesla to Add Cybertruck Shift to Clear Orders Before Dismantling Line Next Year

Nov 7 (Reuters) - Tesla will add ⁠an ⁠extra production shift to ⁠try to complete outstanding Cybertruck orders before ​dismantling the line next year for a planned expansion of ‌Cybercab production, ...

Binance CFO Kaiser Ng Steps Down, Justin Yek Named New Finance Chief

Binance ⁠said on ⁠Saturday that ​Chief Financial Officer ‌Kaiser Ng would ‌leave ⁠the ⁠company and be succeeded by ​Justin Yek, days after hackers ​stole a record $6.3 billion ⁠from the ⁠world's ...

Employers, Watchmen at California Ports Extend Contract Talks

NEW YORK, Nov 7 (Reuters) - ⁠The ⁠Los Angeles and ⁠Long Beach seaports employer group and ​the International Longshore and Warehouse Union Local 26 ‌extended their bargaining deadline ‌through ...

Berkshire Hathaway Accelerates Stock Buybacks, Operating Profit Falls

Berkshire ⁠Hathaway on ⁠Saturday reported a ​lower third-quarter operating ‌profit as insurance ‌underwriting ⁠results ...

IMF's Georgieva Says Any Slowdown in AI-Driven Growth Would Be Factor for Central Banks

A steep rout in technology stocks on Thursday rippled through markets on fears that the Democrats' victory in the US midterm elections would ​increase regulatory scrutiny of AI and slow the data ...

Google Executive Donald Harrison Resigns From SpaceX Board

Nov 6 (Reuters) - SpaceX ⁠disclosed ⁠on Friday ⁠that Google executive Donald Harrison ​has resigned from the rockets-to-AI ‌company's board after ‌more than a ⁠decade. • Harrison notified SpaceX of ...

OpenAI Gets $11 Billion Funding at $1.25 Trillion Valuation, Source Says

Nov ⁠6 (Reuters) - ⁠OpenAI has ⁠closed ​on ‌new funding ‌of $11 ⁠billion, the ⁠initial part of ​a ​round that ⁠values ⁠the ⁠company at $1.25 trillion, ​Bloomberg ​News ⁠reported ⁠on Friday, citing ...

Google Acquires Wyoming Data Center Site From AI Infrastructure Firm Crusoe

Google has ⁠acquired ⁠Crusoe's data center ⁠site in southeast Wyoming, the AI ​infrastructure developer said on Friday, a day ...

Four Things to Note From Friday's US Jobs Report

The US economy added 165,000 jobs ⁠in ⁠October — 100,000 more than expected by ⁠economists — and the unemployment rate ticked down unexpectedly to 4.1% amid a fairly ​broad-based improvement in the ...

Brazilian Banks Cut Growth Forecasts, Raising Fiscal Stakes for Lula

Brazil's top lenders have slashed their economic ⁠growth ⁠forecasts for next year, threatening reelected President ⁠Luiz ...

Daly Says Fed Rate Hike Likely, Despite 'Painful' Tech-Stock Dive

"My expectation ⁠is, we're ⁠going to have ⁠to ​tighten policy further," Daly said on CNBC, ​though exactly ⁠when and how much is not yet clear. Noting "how volatile th ...