FedEx Corp. late Thursday cut its profit outlook for a third straight quarter, saying that it reflected “continued weakness and uncertainty in the U.S. industrial economy.” The demand weakness ...

OpenAI said Monday that it had completed a $40 billion fundraising deal that nearly doubles the high-profile ... Altman attached OpenAI to a for-profit company so he could raise the billions of ...

As Uganda’s electricity sector enters a new phase with UEDCL taking over power distribution, former State Minister for Energy Simon D’Ujanga—who played a key role in the transition from the Uganda ...

Herders and farmers from left, Adama Sow, Oumar Ba and Daka Sow walk outside Niéti Yone, northern Senegal, Tuesday, Dec. 10, 2024. (AP Photo/Jack Thompson) ...

DAKAR, Senegal (AP) — Rusting pipes in a barren field and unpaid workers are what remain after a U.S. company promised to turn a huge piece of land in Senegal — about twice the size of Paris — into an ...

Companies deal their way into problems all the time – then they try to deal their way out. The problem is, it rarely works. They buy something questionable, sell something solid often to pay ...

The mortgage company Rocket is buying competitor Mr. Cooper in an all-stock deal valued at $9.4 billion, just weeks after acquiring real estate listing company Redfin. Rocket Cos. said Monday that ...

building models and data centers at… The deal, although internal, assigns xAI a valuation of $80 billion and X a value of $33 billion. Because both companies are private, they aren’t required to ...

According to the deal’s latest iteration, the U.S. would receive half the revenue generated by Ukraine’s oil, gas and hydrocarbons, as well as almost all from its metals, critical minerals and “other ...

Elon Musk’s xAI Acquires X in $45B Deal to ‘Unlock ... AI development at Tesla, as well as disagreements regarding OpenAI’s decision to become a for-profit entity. He has since changed ...