Amazon Investment: Anthropic Receives $2.75 Billion Boost in AI Arms Race
The most recent Amazon investment in Anthropic, is doubling down on its commitment to generative AI. By injecting billions into Anthropic, an AI startup,...
Boeing CEO Dave Calhoun Set to Depart Amid Safety Investigations
Boeing CEO Dave Calhoun is poised to exit the company after a flurry of safety incidents.
Set against a backdrop of controversy and scrutiny, his...
McDermott Completes Global Restructuring
In a significant move for the energy industry, McDermott International, headquartered in Texas, has successfully completed its global restructuring efforts spanning the Netherlands and...
Kimco Realty sells 10 former RPT properties for $248M
Kimco Realty, a New York-based Real Estate Investment Trust (REIT), made the strategic decision to divest these properties as they did not align with...
StanChart £1.4B Sanctions Suit in London Court
In a high-stakes legal showdown, Standard Chartered PLC faced off against a group of investors in a London court on Wednesday, seeking to thwart...
Troika Media Can Exit bankruptcy After Settlement And Lender Sale
Troika Media Group Inc., a prominent marketing firm, is poised to exit bankruptcy by the end of this month following a landmark decision by...
Skadden Intl Paper’s £5.7B Bid for DS Smith
In a high-stakes move to assert its dominance in the packaging industry, International Paper Co. has unleashed a £5.72 billion ($7.22 billion) bid for...
5th Circuit Blocks Texas Migrant Arrest Law
A contentious battle over Texas's authority to detain and deport migrants suspected of illegal border crossings faced a significant setback early Wednesday morning as...
Terraform Faces Uphill Battle in Fraud Suit
Manhattan U.S. District Judge Jed S. Rakoff dealt a blow to Terraform Labs and its creator Do Kwon, dismissing a mistrial bid related to...
Wellspring Announces Closing of $975 Million Continuation Fund
New York-based private equity powerhouse Wellspring Capital Management Group LLC, with guidance from Paul Weiss Rifkind Wharton & Garrison LLP, has set the financial...
Must Read
Northeastern University Faces Core of Retirement Plan Fee Lawsuit
In a legal saga unfolding with suspense and complexity, Northeastern University confronts allegations of compromising its employees' retirement savings through exorbitant fees and subpar...
