US Business

The closing of the chokepoints at Hormuz, Bab al-Mandeb and the Black Sea collectively imperils roughly a quarter of the world’s oil supply.

The Swiss company agreed with Platinum Equity to create a joint venture as part of a deal that is expected to close in the first half of 2027.

The French bank—Europe’s largest by assets—said net profit surged by a third on year, ahead of analysts’ estimates provided by the company.

Viewed by corporate America as hostile to their interests, she will work with another Mamdani appointee seen by business leaders as more of an ally.

Arvind Krishna says the enterprise tech giant’s mindset still has ties to massive licensing deals of the past.

Net profit was down 36% compared with the prior quarter, which the bank attributed to restructuring charges arising from recent deals.

Reddit, Politico and others are weighing how—or even if—they can work with the tech company as AI tools supplant traditional searches.

After a fraught relationship during the president’s first term, GM’s latest pivots are boosting revenue.

The AI company named David Vélez of Nubank and Robin Vince of BNY as directors.

A consortium that includes the family behind ArcelorMittal approached the Boston Red Sox owner about a possible deal.