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Analysis-Canadian Pacific joins Buffett in rejecting railroad ...

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... a person close to the discussions previously told Reuters. Story Continues. The board's review is expected to take 17 to 22 months. CANADIAN PACIFIC. In a ...



Brazil starts formal process to assess US tariff retaliation, say sources

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The launch of the process came as Brazilian President Luiz Inacio Lula da Silva authorized the use of the law against the U.S., the sources said. Camex has ...



Mexico set to raise tariffs on imports from China, Bloomberg News ...

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... people briefed on the matter. The tariff increases may also target other Asian countries, the report said, citing one of the sources. When asked about the ...



Mercedes-Benz' pension trust sells Nissan holding for $324 million ...

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a source said on Tuesday. The secondary sale of shares were priced at 341.3 yen ($2.32) per share, the source said, a 5.98% discount to the closing price on ...



China tech giant JD.Com unit, two other firms plan $1 billion ...

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... investment firm Partners Group and EZA Hill Property, which is backed by Asian investment firm Hillhouse, the sources said.



Mercedes-Benz offloads Nissan stake for $325 million, source says

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Demand outstripped the number of shares placed for sale, the source said on condition of anonymity as the information was confidential. The top ten ...



AI sycophancy isn't just a quirk, experts consider it a 'dark pattern' to ...

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Jane, who has requested anonymity because she fears Meta will shut down her accounts in retaliation, says she doesn't truly believe her chatbot was alive ...



Nvidia asks Foxconn to suspend work for H20 chip, sources say

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... people briefed on the matter said. Foxconn, formally known as Hon Hai Precision Industry Co Ltd, handles backend processing work as one of Nvidia's ...



Meta makes huge cloud computing deal with Google: source

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Meta has made a cloud computing deal with Google worth more than $10 billion over the course of six years, a source close to the transaction told AFP ...



Waitrose boss steps down 'to take a break'

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A source close to
A source close to the company said Mr Bailey had “steadied the ship” after a ...



Starbucks expects non-binding bids for China business within two ...

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... declined to be identified as the information was not public. The cafe chain has held informal talks with a range of potential buyers since the second half ...



Getting a job at PwC out of college will be a lot tougher. It plans to ...

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The person, whose employment Business Insider has verified, asked to remain anonymous as they are not permitted to speak publicly. The presentation slide ...



Canada to remove many retaliatory tariffs on US goods, says source

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... requested anonymity given the sensitivity of the situation. Prime Minister Mark Carney is scheduled to give a press conference at noon Eastern Time (1600 ...



Rebrand of US culture 'fixture' Cracker Barrel sparks backlash

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Am I gonna miss him? Maybe," said a register operator in the large gift shop who declined to be named. "They're making everything bland." Her colleague, who ...



Trump tariffs live updates: Trump says 15% tariff on South Korea will ...

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... asked not to be named, told Reuters. The personnel and military assets would operate in international airspace and waters for several months, the official ...



Canada Industry Minister Meets With Saab, Ericsson in Sweden

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... according to a person familiar with her plans. Most Read from Bloomberg. A Photographer's Pipe Dream: Capturing New York's Vast Water System · Chicago Schools ...



How Pimco Outmaneuvered Apollo and KKR to Win $29 Billion Meta ...

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This article is based on interviews with numerous people familiar with the deal, all of whom declined to be identified because the discussions are private.



Trump's Peace Demands Leave Zelenskiy With Only Bad Options

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... asked not to be identified discussing private deliberations.



Analysis-Citi's banking head drives turnaround with more executives ...

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... declined to be identified. That type of cooperation is rare in the highly competitive world of investment banking, where client relationships - and the fees ...



Trump's Tracking of AI Chip Shipments Exposes Flaws in His Export ...

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... people with direct knowledge of the previously unreported law enforcement tactic," reports Reuters. While the government's tracking efforts only apply to ...



Defending Trump's Orders Leaves DOJ Lawyers Showing Strain ...

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... requested anonymity to discuss internal dynamics. Those have included litigators involved in cases about Trump's ban on transgender military servicemembers ...



Starbucks Struggles to Find a New Identity in Cutthroat China

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... people familiar with the matter. The stake sale exercise is underscoring Starbucks' identity crisis in China as it tries to salvage a flagging legacy ...



Apple Plots Expansion Into AI Robots, Home Security and Smart ...

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A tabletop robot that serves as a virtual companion, targeted for 2027, is the centerpiece of the AI strategy, according to people with knowledge of the matter.



Mamdani Seeks to Charm NYC Business Leaders, Including ...

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... according to a person familiar with his thinking. “The core of my politics is not just sincerity, but also a desire for partnership,” Mamdani said last ...



Trump tariffs live updates: China urges firms to shun Nvidia chips ...

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... the source said, rather than the 15% rate Trump and European Commission President Ursula von der Leyen agreed in Scotland. The rate will only come down once ...



Trump's Beef with Bank of America's Corporate Governance Goes ...

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BofA Vice Chair Anne Finucane argued for staying the course and was very vocal about it, a source said, causing some at the bank to panic, the source said.



Nvidia, AMD Reach Deal to Give US a Cut of China AI Chip Sales

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AMD will deliver the same share from MI308 revenues, a person familiar with the situation said, asking not to be identified discussing internal deliberations.



Exclusive-China's aland Health seeking buyers at over $1.5 billion ...

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... sources with knowledge of the matter said. Founder and chairman Chang Liang holds around 60% of the company, with the remaining shares held by investment ...



How Switzerland's tariff drama swung from hope to despair

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... requested anonymity describing private discussions. The Swiss government declined to comment on the details of the negotiations. The White House and ...



OpenAI eyes $500 billion valuation in potential employee share sale ...

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... the source said. Tech giants are competing aggressively for AI talent with ... Existing investors in OpenAI, including Thrive Capital, are in discussions to ...



“Libertarian” FCC Commissioner Was Believed to Be Uncomfortable ...

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... the source said. Simington does not like conditions placed on mergers – perhaps including the cancellation of the Stephen Colbert show. After Simington ...



Foxconn to sell former car factory in Ohio for $375m

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A source familiar with the situation informed Reuters that the Ohio facility is expected to support artificial intelligence (AI) data centres. The site ...



India Braces for Pain as Trump Gives 24-Hour Tariff Warning

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... asked not to be identified as the discussions are private. Officials have no template to deal with these kinds of public assaults, the person said, adding ...



Nissan begins talks with union to cut jobs at European regional office

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... declined to be identified
declined to be identified. Management and the union agreed to discuss voluntary ...



Exclusive: Intel struggles with key manufacturing process for next PC ...

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... people briefed on the matter told Reuters. For months, Intel has promised investors it would increase manufacturing using a process it calls 18A. It spent ...



Exclusive-Three Intel senior executives to retire amid manufacturing ...

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... people briefed on the matter
people briefed on the matter. The chipmaker plans to reduce its manufacturing capacity ...



Three groups eyeing bids for Sapporo's $2.7 billion property ...

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The three sources declined to be named as the information is not public. Mitsubishi Estate considered bidding but has withdrawn, one of the sources said ...



Warner Bros Discovery to lay off 10% of film group, source says

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... with knowledge of the matter said on Wednesday. In a memo to staff, Motion Picture Group Co-Chairs Pamela Abdy and Michael De Luca said company leadership ...



Trump's Push for Peace Shifts to Zelenskiy in Oval Office Again

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... people familiar with the matter who spoke on condition on anonymity. Zelenskiy has previously said that Ukraine won't give up territory and Putin has broken ...



Kraken seeks $500 million funding at $15 billion valuation, The ...

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... people familiar with the matter. A spokesperson for Kraken declined to comment on the report. Cryptocurrency-focused companies have been attracting ...



Gunman Kills Four and Himself at Midtown Manhattan Building

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A Blackstone employee also died, according to a person briefed on the matter. Several other people were injured. The suspected gunman's body was found on ...



EU Readies €100 Billion No-Deal Plan to Match US 30% Tariff

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... on condition of anonymity to discuss private deliberations. The euro extended a fall after the report, down 0.3% at $1.1723, leading losses among major ...



In China, repair demand for banned Nvidia AI chipsets booms

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... declined to be identified. Nvidia cannot legally provide repair or replacement items for restricted products in China. In contrast, sources said if an ...



Exclusive-Exxon in talks with Trinidad for seven deepwater blocks ...

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... sources close to the talks told Reuters. The areas Exxon is interested in are located north of the company's prolific Stabroek block in Guyana, the fastest ...



McKinsey bars China business from generative AI consultancy work ...

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... reported on Wednesday, citing two people with knowledge of the matter. Reuters could not immediately confirm the report.



China plans network to sell surplus computing power in crackdown ...

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... a person familiar with the matter, who did not provide details on the thresholds. NDRC did not respond to a request for comment. CHALLENGES. Industry sources ...



Activist Elliott grows stake in Equinix, holds talks with company

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... person familiar with the matter said on Monday, after the company's stock price tumbled last month. The hedge fund, which has made a string of profitable ...



OpenAI faces an 'increasingly fragile moat,' JPMorgan says, as Sam ...

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... person familiar with the matter. That is in and of itself interesting, and speaks to the massive role that private credit has come to play in tech and ...



Microsoft Hack Hits Hundreds of Firms, Agencies as Damage Spreads

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The National Institutes of Health was also impacted through the SharePoint flaws, according to a person familiar with the matter. Andrew Nixon, a ...



Figma aims for $16 billion valuation as IPO date and stock listing nears

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A report from Bloomberg, citing an anonymous source, said shares are expected to be priced on July 30. Figma declined to comment when contacted by Fast ...

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