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CNN, MS NOW and Politico sue Trump, challenging White House ban
Reuters2d agoneutral
CNN, MS NOW and Politico sue Trump, challenging White House ban

WASHINGTON, Sept 21 (Reuters) - CNN, MS NOW and Politico sued President Donald Trump and other members of his administration on Monday for banning them from White House grounds, saying the action violated their rights to free speech and a free press under the US Constitution's First Amendment. The news outlets are seeking a temporary restraining order to block Trump's action in federal court in Washington, D.

Paramount settles with US states to clear Warner Bros. mega-merger
AFP3d agoneutral
Paramount settles with US states to clear Warner Bros. mega-merger

Paramount has reached a settlement with a group of US states that clears the way for its takeover of Warner Bros.Paramount, which is run by David Ellison, whose ultra-wealthy family has ties to US President Donald Trump, won a bidding war in February for control of a stable of assets, including Warner Bros.

Investing.com4d agoneutral
AI risk debate: Existential threat or dangerous tool?

Investing.com -- Concerns about artificial intelligence are shifting from hypothetical extinction scenarios toward evidence that increasingly capable models can already be used for weapons development and cyber operations, according to Yardeni Research.

SoftBank Raises Arm Margin Loan to $25 Billion as AI Bets Grow
Bloomberg6d agoneutral
SoftBank Raises Arm Margin Loan to $25 Billion as AI Bets Grow

SoftBank Group Corp. has increased its margin loan backed by shares of its chip unit Arm Holdings Plc by $5 billion to $25 billion, according to people familiar with the matter, as the conglomerate finds ways to fund its expanding investments in artificial intelligence.

SpaceX Moves on Musk Comments; Oracle Drops on Ellison Plan | Stock Movers
Bloomberg10d agobearishVIDEO
SpaceX Moves on Musk Comments; Oracle Drops on Ellison Plan | Stock Movers

On this episode of Stock Movers: - Baldwin (BWIN) shares are moving as Michael Dell's family office and Sequence Holdings teamed up to acquire Baldwin Insurance Group Inc. in an all-cash deal valued at $7.7 billion. - SpaceX (SPCX) shares are moving after the Chief Executive Elon Musk said Sunday on social media platform X that he is "highly confident" the company will launch Nvidia's (NVDA) Vera Rubin NLV72 artificial intelligence computers in space next year. - Oracle (ORCL) shares are lower as Chairman Larry Ellison canceled his plan to sell as many as 50 million shares in the tech company, a holding worth $7.5 billion.

What to expect ahead of the Fed's September interest rate decision
Yahoo Finance Video10d agoneutralVIDEO
What to expect ahead of the Fed's September interest rate decision

The Federal Reserve will announce its policy decision on Sept. 16, with expectations of a rate hike amid elevated inflation and CPI prices. Kevin Gordon, Head of Macro Research and Strategy at the Schwab Center for Financial Research, and Yahoo Finance Senior Business Reporter Ines Ferré join Yahoo Finance Executive Editor Brian Sozzi to discuss the potential consequences of a rate hike.

Investing.com12d agobearish
Oracle’s Ellison cancels plan to sell up to 50 mln shares

Investing.com -- Oracle Corp (NYSE:ORCL) executive chair and chief technology officer Larry Ellison has cancelled a trading plan that would have allowed him to sell up to 50 million shares of the company, Oracle said on Saturday, adding that no shares were sold under the plan and that he has no other plans to sell Oracle stock.