business news
Netflix grants Warner Bros. Discovery 7-day waiver to reopen deal talks with Paramount Skydance
Warner Bros. Discovery on Tuesday said it will reopen deal talks with Paramount Skydance under a 7-day waiver from Netflix to explore “deficiencies” in Paramount’s offer to buy the entirety of WBD. The legacy media company has a pending transaction with Netflix for its streaming and studio businesses. Paramount launched a hostile tender offer straight […]
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Gold slips to one-week low as safe-haven buying stalls, dollar strengthens
Gold and silver prices rose as U.S. Treasury bond yields fell after December retail sales growth stalled, signaling a softening economy ahead of key jobs data. Bloomberg Creative | Bloomberg Creative Photos | Getty Images Gold prices fell to a more than one-week low on Tuesday, pressured by a stronger dollar as investors tracked cues on […]
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Rev. Jesse Jackson, civil rights leader and former presidential candidate, dies at 84
Civil rights activist Jesse Jackson Sr yells and gestures during a campaign speech, 1988. Afro Newspaper/Gado | Archive Photos | Getty Images The Rev. Jesse Jackson, a civil rights icon, Baptist minister and two-time Democratic presidential candidate, died Tuesday at age 84. The Jackson family confirmed his passing in a statement on Tuesday morning. The […]
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Treasury yields move lower as investors look ahead to more delayed data
U.S. Treasury yields inched lower on Tuesday as investors looked ahead to more delayed data releases during the holiday-shortened trading week. At 3:34 a.m. ET, the 10-year Treasury yield had dropped more than 3 basis points to 4.02%, and the 30-year Treasury bond yield had also dipped 3 basis points to 4.66%. The 2-year Treasury note yield was 2 basis points […]
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India’s Adani to invest $100 billion in AI data centers over the next decade
The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, November 21, 2024. Amit Dave | Reuters India’s Adani on Tuesday announced plans to invest $100 billion to develop renewable energy-powered AI-ready data centers by 2035, seeking to establish the world’s largest integrated data […]
Read MoreHow Jenny Johnson beat family‑name ‘bias’ to lead $1.5 trillion asset manager Franklin Templeton
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Shaped by family legacy, grit and a deep sense of responsibility, Jenny Johnson reflects on the pivotal decisions that took her from “the founder’s granddaughter” to the CEO of Franklin Templeton. Source
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Alibaba unveils Qwen3.5 as China’s chatbot race shifts to AI agents
Qwen3 is Alibaba’s latest large language model, which it says combines traditional LLM capabilities with “advanced, dynamic reasoning.” Sopa Images | Lightrocket | Getty Images Alibaba Group has released its newest AI model series, featuring enhanced capabilities, as it faces intensifying competition in China’s AI space with several models launched in the past week. The […]
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