Brighthouse Financial Inc., spun off from MetLife Inc. almost eight years ago, is considering selling itself, the Financial Times Reported, and high-profile alternative asset managers are expected to bid for the life insurer and annuity provider.
SoftBank Group Corp. is in talks to lead a $500 million funding round for Skild AI, a startup building robotics software, according to people familiar with the matter. The startup would be valued at $4 billion,
In The Hitchhiker’s Guide to the Galaxy, humans build the greatest computer ever, called Deep Thought, to answer the “ultimate question of life, the universe and everything.” After millions of years to think about it, it spits out the answer: 42. That leaves them even more confused, and needing to know what the question was.
OpenAI says it has found evidence that Chinese artificial intelligence start-up DeepSeek used the US company’s proprietary models to train its own open-source competitor, as concerns grow over a potential breach of intellectual property.
Oil gained after the White House said President Donald Trump’s plan to place tariffs on imports from major US crude supplier Canada and other countries will go into effect on Saturday.Most Read from B
Bitwise has filed for a Dogecoin ETF, and crypto bettors on Polymarket believe there are now much higher chances a $DOGE ETF will be approved.
The dollar extended its gains after President Donald Trump said he favors imposing “much bigger” tariffs than suggested by one of his top officials, rekindling the trade-war fears that have pushed the US currency higher.
Copper edged lower after US President Donald Trump said he planned to impose import tariffs on the metal, as well as aluminum and steel, raising fears of trade wars and aiding the dollar.Most Read from BloombergWhat Happened to Hanging Out on the Street?
The planemaker’s production ramp-up and stable balance sheet mean it can hang on to profitable businesses instead of off-loading them for cash.
Retail investors put a lot of effort into creating a solid portfolio by researching the economic climate, analyzing the latest stock market trends, learning about investing strategies, and keeping an
China is suffering from deflation, devaluation, capital flight and the loss of foreign investment — all at the same time. Unprecedented, far worse than "Japanification."
Recent periods of financial stress and the proliferation of risks across the financial system are fueling the development of regulatory initiatives to strengthen requirements and promote international best practice.