The consulting firm is the latest to invest heavily in artificial intelligence, even as big businesses grapple with the potential fallout from the technology. Story Published at: June 13, 2023 at 01:02PM Continue Reading…
Accenture Makes a $3 Billion Bet on A.I.
JPMorgan Moves to Put the Epstein Case Behind It
After weeks of embarrassing disclosures, the Wall Street giant reached a tentative settlement with the convicted sex offender’s victims. Story Published at: June 12, 2023 at 01:13PM Continue Reading…
Saudi Arabia’s Golf Deal Bolsters Its Geopolitical Ambitions
An agreement to merge LIV Golf with the PGA Tour is the latest step in the kingdom’s push to become a global force beyond oil. Story Published at: June 7, 2023 at 01:24PM Continue Reading…
A Mega Airline Merger Hits Turbulence
Regulators looking to block JetBlue’s $3.8 billion bid to buy Spirit Airways think there’s no other way to address their competition concerns. Story Published at: March 7, 2023 at 12:35PM Continue Reading…
Live Nation Faces a Skeptical Senate
The company’s grip on ticket sales, and its move last year to cancel sales for Taylor Swift’s upcoming tour, will be a big focus of an antitrust-focused hearing. Story Published at: January 24, 2023 at 12:44PM Continue Reading…
The Week in Business: Who Comes After Elon Musk?
Mr. Musk said that he would resign as Twitter’s chief executive once he found a successor “foolish enough to take the job.” YouTube reaches deal for the rights to stream N.F.L.’s Sunday Ticket games. And Mark Zuckerberg appears in court in an anti… Story Published at: December 25, 2022 at 10:00AM Continue Reading…
The Stakes Behind the F.T.C.’s Bid to Block Microsoft’s Big Deal
In seeking to oppose the $69 billion takeover of Activision Blizzard, the agency is hoping to revamp the nation’s antitrust rules — even if it loses. Story Published at: December 9, 2022 at 12:45PM Continue Reading…
An Activist Investor Takes on BlackRock Over E.S.G.
A hedge fund sees BlackRock’s embrace of E.S.G. principles as a distraction, and it wants the money-management giant’s C.E.O., Laurence Fink, to step down. Story Published at: December 7, 2022 at 12:39PM Continue Reading…
It Was a Bad Week for Billionaires With Delusions of Saving the World
Musk, Bezos, Bankman-Fried, Trump: some of our most prominent billionaires laid waste to their carefully cultivated image as benevolent saviors. Story Published at: November 19, 2022 at 02:23PM Continue Reading…
The Books Merger That’s About Amazon
The U.S. wants to stop Penguin Random House from buying Simon & Schuster. The elephant in the room is Amazon. Story Published at: August 2, 2022 at 06:22PM Continue Reading…