The Facebook owner and Redmond giant are spending billions to dominate machine learning. Their ultimate goals diverge. Microsoft’s strength is selling to enterprises; Meta CEO Mark Zuckerberg touts a ...

Despite pressure from President Trump and increased dissent from fellow governors, Jerome Powell held rates steady above 4.25%. As the impact of existing tariffs and new escalations like a 25% levy on ...

The cybersecurity operator has a history of canny acquisitions, but its pounce on CyberArk – by far its largest – wiped $16 bln off its shares. With a potential return on investment of as little as 1% ...

Electricity-guzzling server farms helped spike prices in the country’s largest power market 11-fold in two years. Soaring ...

The Wall Street firm is paying $196 mln for the UK boutique co-founded by Simon Robey. The danger in such transactions is ...

Outgoing board head Mark Tucker churned through CEOs and steered the $220 bln bank’s vast overhaul. Now, with the right boss and strategy in place, HSBC could use a diplomatic Asia expert happy to ...

Chinese internet firms are finally bringing their fierce rivalry to Hong Kong. The market is small. Yet the Asian hub ...

WeWork’s latest push for an initial public offering sounds a bit too familiar. The coworking space’s India affiliate is preparing for a Mumbai share sale. It has improved on the business model of its ...

The oilfield services giant will pay $13.6 bln to top a rival suitor for cryogenic-kit maker Chart. While costly, it aids a pivot to industrial gear from volatile oil exploration, opening access to ...

Low-wage workers face stagnant hiring and plummeting earnings growth while higher-paid employees command over 4% annual raises. Top-heavy consumer spending can float the economy for now, but the ...

Union Pacific’s $85 bln acquisition of Norfolk Southern would forge a coast-to-coast line, with touted boons for US ...

Shares in the $247 bln obesity drugmaker fell over 20% after it said sales would grow more slowly than expected. Competition ...