Christine Lagarde Helped Block Binance's Foothold in Europe
The ECB chief intervened to keep crypto's biggest player, which pleaded guilty to financial-crime violations in the U.S., from operating in the EU.
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Jana Partners Pushes Contact-Lens Maker Cooper to Replace Its CEO
The medical-device manufacturer requires an urgent overhaul to address its "chronic underperformance," the activist hedge fund's letter says.
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Toxic-Fume Complaints Ground Planes From Airbus Venture
French airline Air Corsica pulled some turboprops from service after pilots reported fumes leaking into the cockpit, causing them migraines.
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Tech Companies' Staff Knew Their AI Tools Posed 'Existential Threat' to Publishers
Executives at OpenAI and Microsoft acknowledged they could undermine their own content sources, according to a new filing in a New York Times copyright lawsuit.
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Stellantis Could Face Strike Threat in Canada Over Factory Sale
The union representing more than 9,000 Stellantis employees in Canada said it could be in a strike position in the coming weeks unless the carmaker changes course on its plan to sell a Toronto-area factory to a defense firm.
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FTC Requests Additional Information Regarding Fertitta, Caesars Merger
The request comes after billionaire Tilman Fertitta in May reached an agreement to buy Caesars Entertainment for $5.7 billion.
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Pasqal and USA Rare Earth Strike Unlikely Quantum AI Partnership
Just weeks after its trading debut, Pasqal is partnering with USA Rare Earth to find better chemicals for separating rare earths minerals.
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Microsoft Is Preaching AI Transformation, Starting With Itself
The tech company is releasing a playbook with lessons learned from its AI journey.
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GM to Produce Patriot Missile Parts as U.S. Faces Critical Arms Shortage
The Detroit automaker's partnership with Lockheed Martin is a potential lift to America's munitions supplies depleted by the conflicts in Ukraine and the Middle East.
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Yeti Sees Long-Term Growth Driven by New Product Lines
The cooler and drinkware maker targeted annual net sales growth in the mid-single to high-single digits through fiscal 2030, with annual growth for adjusted earnings per share at a low-double-digit to high-teens rate.
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Mastercard Joins Visa in Letting AI Bots Do Your Shopping
Executives across the payments world are bracing for AI-driven shopping, forcing them to reconsider risks, fraud and what to do about rogue AI agents.
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AI Startup Plaud Plans to File for U.S. IPO in 2028
The San Francisco-based company will be ready for an IPO once annual revenue exceeds $1 billion, Xu said in an interview.
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Raiffeisen Denies Allegations in Short-Seller's Report on Russia Ties
Short-seller Grizzly Research questioned the lender's reliance on its Russian business and trade-sanction controls.
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Huawei's Plan to Become China's Nvidia
The company is ramping up development of alternatives to Nvidia's AI-computing systems.
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EU Could Require Age Verification in Minors' Social Media Restrictions
Under formally presented new rules, social networks could be required to use age verification tools to stop under 15s creating their own accounts, and children under 13 would be banned from accessing social media.