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Elliott Investment Management builds a $2.5B stake in Phillips 66; plans to push for midstream sale.
Published on: February 11, 2025, 12:04 PM UTC
OpenAI CEO Sam Altman says the company is "not for sale" amid unsolicited bid from Elon Musk, calling it a "tactic" to slow OpenAI's progress.
Published on: February 11, 2025, 12:04 PM UTC
Humana forecasts annual profit below estimates, shares drop 5% amid elevated costs for government-backed plans.
Published on: February 11, 2025, 12:03 PM UTC
Donald Trump's early actions as president include dramatic cuts in spending and a push for tax cuts. These policies aim to finance tax cuts, but face challenges due to concerns over the national debt. Trump's plans to reduce government spending through cost-cutting measures and tariffs face legal and congressional hurdles.
Published on: February 11, 2025, 12:03 PM UTC
Elon Musk offers $97.4 billion for OpenAI, a nonprofit company he co-founded with Sam Altman. OpenAI is seeking to become a for-profit business, which Musk is suing to prevent.
Published on: February 11, 2025, 12:02 PM UTC
Elon Musk may personally benefit from dismantling the Consumer Financial Protection Bureau, which regulates companies like his planned "super app" X. Critics say the move could reduce oversight and harm consumers.
Published on: February 11, 2025, 12:02 PM UTC
DuPont raised its 2025 profit forecast and beat quarterly earnings estimates, driven by strong demand for electronics. The company's shares jumped 5% in premarket trading.
Published on: February 11, 2025, 12:00 PM UTC
Leidos beats Q4 earnings expectations, boosted by rising military spending and strong weapons demand amid geopolitical tensions.
Published on: February 11, 2025, 12:00 PM UTC
London's prime property market decline signals the capital's concerning direction under Chancellor Rachel Reeves's leadership. Data reveals significant discounts in luxury homes, indicating wealthy individuals leaving the UK, impacting the economy and tax revenues.
Published on: February 11, 2025, 12:00 PM UTC
Elon Musk's $97.4 billion offer for OpenAI rejected by CEO Sam Altman; OpenAI seeks profit, Musk sues to prevent it.
Published on: February 11, 2025, 11:02 AM UTC