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    • Sunday, 19 November, 2023
      OpenAI
      Altman appears at OpenAI offices as pressure grows to reinstate him

      Microsoft and investors explore options to bring back CEO and oust directors behind his firing

      3 hours ago
      Sam Altman
    • Sunday, 19 November, 2023
      Global X
      Global X replaces chief executive of $39bn ETF manager

      Luis Berruga helped build the Mirae subsidiary into one of sector’s largest providers

      A trading screen
    • Sunday, 19 November, 2023
      Leonard Blavatnik
      Leonard Blavatnik’s entertainment empire plans media acquisition spree

      Access Entertainment boss says Ukraine-born billionaire to invest hundreds of millions of pounds in TV, film and theatre

      Danny Cohen
    • Saturday, 18 November, 2023
      X Corp
      Apple and Disney join advertiser exodus from Elon Musk’s X

      Comcast, Paramount and Warner Bros also follow IBM in pulling back amid concerns about antisemitic content

      Elon Musk
    • Saturday, 18 November, 2023
      OpenAI
      OpenAI’s Sam Altman ousted over ‘breakdown in communication’, memo says

      Co-founder’s shock firing has exposed tensions at the generative AI start-up behind ChatGPT

      Sam Altman, OpenAI co-founder
    • Saturday, 18 November, 2023
      US retail
      Retailers point to cracks in the picture of US consumer resilience

      Spending has defied inflation but shoppers are showing more caution about buying big-ticket items

      A pedestrian passes by a Macy’s department store in Washington
    • Saturday, 18 November, 2023
      Golf
      Talks between PGA Tour and Saudi sovereign wealth fund set to drag into 2024

      Compensation for players who stuck with the US tour and LIV’s team-golf format are among the big stumbling blocks 

      Rory McIlroy plays his second shot
    • Saturday, 18 November, 2023
      News in-depthOpenAI
      OpenAI schism leads to Sam Altman’s ousting — and an opening to rivals

      Sudden and dramatic departure of chief executive who had become the face of generative AI will create new tech alliances

    • Saturday, 18 November, 2023
      OpenAI
      OpenAI CEO Sam Altman pushed out after losing board’s confidence

      Chief technology officer Mira Murati becomes interim chief after co-founder’s abrupt exit

      Sam Altman
    • Saturday, 18 November, 2023
      On Wall StreetSujeet Indap
      Junior analyst’s lawsuit against top bank puts Wall Street hours on trial

      Kate Shiber says Centerview Partners improperly fired her over sleep requirements necessitated by mental illness

      US flags outside the New York Stock Exchange
    • Saturday, 18 November, 2023
      Jim Chanos
      Short seller Jim Chanos to close his main hedge funds

      Legendary bear says interest in fundamental stockpicking has waned

      Jim Chanos
    • Friday, 17 November, 2023
      Citigroup Inc
      Citigroup set to announce first big round of lay-offs

      Chief executive Jane Fraser’s overhaul of Wall Street bank could result in thousands of job cuts

      Jane Fraser
    • Friday, 17 November, 2023
      Northrop Grumman Corp
      Northrop Grumman pulls out of satellite tender for UK armed forces

      US defence group’s decision to withdraw from first stage of competition leaves just one contender

    • Friday, 17 November, 2023
      LexIntel Corp
      Intel: plan for home-made chips is far from oven-ready Premium content

      Rising costs have coincided with a drop in the company’s central PC business

      An Intel chip laboratory
    • Friday, 17 November, 2023
      InterviewChevron Corp
      Chevron plots carbon storage future despite Australia plant setbacks

      Oil major’s $54bn Gorgon natural gas project has failed to meet targets for capturing CO₂

      Gorgon liquefied natural gas and carbon capture and storage facility
    • Friday, 17 November, 2023
      Due Diligence
      A Wall Street disaster’s final chapter  Premium content

      Also in today’s newsletter, Mars pays extragalactic premium for Hotel Chocolat and Blackstone seeks new financing options

      The Due Diligence logo
    • Friday, 17 November, 2023
      Property sector
      Realtor reckoning: US brokers fear for their $100bn commission pool

      A profession known for offering flexible and high-paying careers could lose 80% of its members

      A realtor attends an open house at a home in San Francisco, California
    • Friday, 17 November, 2023
      US financial regulation
      FDIC directors call for bank agency head to recuse himself from probe

      Republicans on board say review of regulator’s culture must also look at conduct of chair Martin Gruenberg

      Martin Gruenberg
    • Thursday, 16 November, 2023
      Walmart Inc
      Walmart tumbles 8% on cautious holiday outlook for consumer spending

      World’s largest retailer’s restrained earnings guidance contrasts with improved outlook from rival Target

      Walmart workers in New Jersey
    • Thursday, 16 November, 2023
      X Corp
      IBM pulls adverts from X after report finding they ran next to Nazi content

      Tech company’s move is the latest setback to Linda Yaccarino’s efforts to convince brands Elon Musk’s platform is safe

      An IBM branch in Ehningen, Germany
    • Thursday, 16 November, 2023
      Apple Inc
      Apple moves to simplify messaging between iPhones and Androids

      Decision comes as smartphone maker comes under pressure to improve interoperability between systems

      iPhones on display at an Apple Store in Shanghai
    • Thursday, 16 November, 2023
      Capital markets
      Companies’ confusing cash hoards

      Why aren’t they getting spent?

    • Thursday, 16 November, 2023
      LexWalmart Inc
      Walmart: deflating prices can be good for business Premium content

      US retailer has taken steps in recent years to diversify beyond low-margin grocery sales

      A woman posses the Walmart logo outside one of its stores
    • Thursday, 16 November, 2023
      X Corp
      Elon Musk’s X defends US university student in trouble over posts

      Billionaire ‘free-speech absolutist’ had promised to come to the aid of users targeted for what they write on his platform

      Elon Musk
    • Thursday, 16 November, 2023
      F1
      Arctos invests in Aston Martin F1 team at £1bn valuation

      Sports-focused private equity group takes stake on eve of first Las Vegas Grand Prix for 40 years

      Fernando Alonso celebrating
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