WASHINGTON (Reuters) – Elon Musk’s government efficiency panel wants “high IQ” employees and plans weekly livestreams, according to X posts…
Intrum files for bankruptcy in US to restructure $4.5 billion debt pile
(Reuters) – Intrum, Europe’s biggest debt collector, on Friday said it had filed for Chapter 11 bankruptcy in the United…
Fox Business host Larry Kudlow rules out top Trump economic job
(Reuters) -Larry Kudlow has no plans to leave his broadcast job, Fox Business said on Friday, after various reports circulated…
US defense shares, government contractors fall after Trump efficiency picks
NEW YORK (Reuters) – Shares of defense companies and government contractors were lower on Friday, extending recent losses amid uncertainty…
Elliott calls for Honeywell break up, takes $5 billion-plus stake
By Svea Herbst-Bayliss (Reuters) -Activist investor Elliott Investment Management said Honeywell should split into two separate businesses on Tuesday, following…
Airbus nears deal on funding, payment terms with Spirit Aero, source says
(Reuters) – Airbus is poised to finalise an agreement as early as Wednesday with struggling aerospace supplier Spirit Aerosystems on…
Amazon offers free computing power to AI researchers, aiming to challenge Nvidia
By Stephen Nellis (Reuters) – Amazon.com’s cloud computing unit on Tuesday said it will offer free computing power to researchers…
OpenAI co-founder Greg Brockman returns to AI startup, Bloomberg News reports
(Reuters) -OpenAI co-founder Greg Brockman has returned to the artificial intelligence startup three months after taking a leave from his…
FTX sues Binance and its former CEO for $1.8 billion
LONDON (Reuters) – Collapsed cryptocurrency company FTX is suing Binance and its former CEO Changpeng Zhao, alleging that $1.8 billion…
Morgan Stanley’s PE arm to sell HVAC firm to Goldman Sachs Alternatives
(Reuters) -Morgan Stanley’s private equity arm is selling its heating, ventilation and air conditioning (HVAC) business Sila Services, about three…