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Financial Markets

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Nasdaq Composite slides 220 points as U.S. stocks shed ground
Nasdaq Composite slides 220 points as U.S. stocks shed ground

NEW YORK, New York - U.S. and global stock markets closed with a broad selloff on Tuesday, driven by heavy losses in technology shares...

Corporate costs from Iran conflict top $25 billion worldwide
Corporate costs from Iran conflict top $25 billion worldwide

LONDON/NEW YORK CITY: The war involving the United States, Israel and Iran has already cost companies around the world at least US$25...

NextEra-Dominion merger targets soaring AI-driven power demand
NextEra-Dominion merger targets soaring AI-driven power demand

NEW YORK CITY, New York: NextEra Energy has agreed to acquire Dominion Energy in an all-stock deal valued at about US$66.8 billion,...

SpaceX speeds up IPO plans, eyes June 12 Nasdaq listing
SpaceX speeds up IPO plans, eyes June 12 Nasdaq listing

NEW YORK CITY, New York: SpaceX is preparing to go public as early as June 12 on the Nasdaq, according to people familiar with the...

U.S. stocks enter new week Monday, on mixed note
U.S. stocks enter new week Monday, on mixed note

NEW YORK, New York - U.S. stocks finished Monday's trading session on a mixed note, as the Dow Jones Industrial Average extended its...

Samsung chairman apologizes as labor talks restart
Samsung chairman apologizes as labor talks restart

SEOUL, South Korea: Samsung Electronics and its South Korean labor union resumed pay negotiations on Monday with the help of a government...

Technology

Section
Musk loses court fight with OpenAI as scrutiny of Altman grows
Musk loses court fight with OpenAI as scrutiny of Altman grows

OAKLAND, California: OpenAI has emerged victorious in its closely watched courtroom battle with Elon Musk, preserving its path toward...

NextEra-Dominion merger targets soaring AI-driven power demand
NextEra-Dominion merger targets soaring AI-driven power demand

NEW YORK CITY, New York: NextEra Energy has agreed to acquire Dominion Energy in an all-stock deal valued at about US$66.8 billion,...

SpaceX speeds up IPO plans, eyes June 12 Nasdaq listing
SpaceX speeds up IPO plans, eyes June 12 Nasdaq listing

NEW YORK CITY, New York: SpaceX is preparing to go public as early as June 12 on the Nasdaq, according to people familiar with the...

Samsung chairman apologizes as labor talks restart
Samsung chairman apologizes as labor talks restart

SEOUL, South Korea: Samsung Electronics and its South Korean labor union resumed pay negotiations on Monday with the help of a government...

OpenAI and Musk clash in closing arguments over AI future
OpenAI and Musk clash in closing arguments over AI future

OAKLAND, California: Elon Musk and Sam Altman exchanged sharp accusations in closing arguments as a closely watched trial over the...

Anthropic, Gates Foundation fund AI for health and education
Anthropic, Gates Foundation fund AI for health and education

SAN FRANCISCO, California: Anthropic and the Gates Foundation have launched a four-year, US$200 million partnership to support artificial...