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Musk, Altman Legal Showdown Heats Up Over OpenAI Sale

In a legal battle, Elon Musk and OpenAI CEO Sam Altman clash over Musk's $97.4 billion bid for the AI startup. Altman claims Musk's offer undermines his lawsuit against OpenAI, while Musk counters that he'd withdraw the bid if OpenAI remained a charity. The legal dispute revolves around OpenAI's restructuring and alleged antitrust violations.

Egg Prices Hit Record Highs

Egg prices have hit a record high and are expected to continue rising due to an outbreak of avian flu that has decimated laying hen flocks. Despite the wholesale price of eggs reaching $8.15 a dozen, grocery stores are keeping prices lower to attract shoppers and maintain market share. Retailers are employing strategies such as limiting purchases, offering loyalty discounts, and reducing promotions to offset their losses. However, with egg demand remaining strong and the supply gap widening, it is likely that prices will continue to increase.

Siemens Shareholders Reject Board's Push for Virtual-Only AGMs

Shareholders reject Siemens' plan to continue virtual AGMs

Morgan Stanley Said to Upsize Twitter Leveraged Loan Due to Strong Demand

Morgan Stanley looks to boost size of X Holdings debt offering after strong demand.

Freeport to Resume Copper Concentrate Shipments from Indonesia

Freeport McMoRan to resume copper concentrate exports from Indonesia amid shortage

Steve Madden to Buy Kurt Geiger for About $360 Million

Luxury footwear and fashion accessory brand Kurt Geiger has been acquired by Steven Madden Ltd. for $360 million.

Ceva's Loss Widens

Ceva reported a Q4 loss of $1.7 million, matching estimates, with revenue of $29.2 million exceeding forecasts. For the year, its loss narrowed to $8.8 million, with revenue of $106.9 million.

European Leaders Fear Trump-Putin Call Signals US Concessions to Russia

After speaking with Vladimir Putin, President Trump plans to negotiate an end to the war in Ukraine. European leaders worry that Trump's conciliatory stance towards Russia may give in to Putin's demands without offering anything in return and that any deal made without Europe's involvement will not be lasting.

Hanesbrands (HBI) Reports Sales Below Analyst Estimates In Q4 Earnings

Hanesbrands: Q4 2024 Revenue Miss, EPS Beat; Guidance Disappoints

CFPB Chief Says Only Congress Can Shutter Agency, Setting Up Legal Battle with Trump

Democratic Sen. Elizabeth Warren says the law gives Congress sole power to abolish the Consumer Financial Protection Bureau, setting up a possible legal clash with President Trump, who's moved to freeze the agency's work.