Live Q&A: Tech Stocks Tumble as DeepSeek Fears Hit Wall Street
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Emerson Buys Rest of AspenTech at $17 Billion Valuation
Emerson Electric Co. agreed to buy the rest of Aspen Technology that it doesn’t already own in a deal that values the industrial-software company at a fully diluted market value of $17 billion.
Why Oaktree’s Howard Marks Is on the Watch for a Market Bubble
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
AI Selloff Opens Door for Alternate Machine-Learning Methods
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Food Banks See Rising Hunger Among Working Americans
Budapest aims to block plans for a ‘mini Dubai,’ and a look inside a Trump deportation raid at dawn in Chicago.
Americans Slash Expectations of Federal Benefits After Trump Win
Americans downgraded their expectations for benefits from the federal government after Donald Trump won the presidency, according to a new survey by the Federal Reserve Bank of New York.
Allegra Stratton: The UK Can Only Watch this Sputnik Moment
He thinks the explosion in popularity of Chinese startup DeepSeek’s low-cost AI product is akin to the geopolitical gamechanger in 1957 when the Soviet Union launched a satellite into space, stinging the US into more action.
Pfizer Dodges Challenge to Its Board in Battle With Starboard
Pfizer Inc. got a reprieve — at least for now — in its battle with activist investor Starboard Value LP, according to people familiar with the matter.
Moldova, EU Agree on Emergency Steps to Tackle Energy Crisis
Moldova and the European Union have worked out an emergency plan to help the pro-Russian breakaway region of Transnistria mired in an energy crisis after the halt of Russian gas flows.
Trump Orders Federal Government Control Over California Water
President Donald Trump is asserting more federal government control over water management decisions in California and ordering US officials to override local authorities, casting the steps as necessary to boost the state’s firefighting capabilities.
Archegos CFO Gets Eight Years in Prison for Defrauding Banks
Archegos Capital Management CFO Patrick Halligan was sentenced to eight years in prison for defrauding banks ahead of and during the 2021 collapse of Bill Hwang’s $36 billion family office.
Carney Says Canada Can Use Electricity for Leverage If US Starts Trade War
Mark Carney, the former central banker who’s running to lead Canada, said the government should be open to curbing electricity exports to the US if it needs to retaliate against tariffs from the Trump administration.