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Goldman Sachs' asset management arm reports redemption rates at GS Credit remain well below peers, amid concerns that AI could disrupt software companies.
The global smartphone market will contract 12.9% in 2026 because of the unprecedented memory chip shortage, marking 'a crisis like no other,' according to researcher IDC.
Payment processing firm Stripe Inc. is considering an acquisition of all or parts of PayPal Holdings Inc., according to people familiar with the matter. The deliberations are early, and there's no certainty they’ll lead to a transaction.
OpenAI Inc. convinced a federal judge to throw out X.AI Corp.'s lawsuit accusing the AI giant of misappropriating its trade secrets by poaching multiple employees and encouraging them to steal confidential information. Judge Rita F. Lin dismissed the lawsuit with a chance for X.AI to amend, stating that xAI does not point to any misconduct by OpenAI.
David Peters, Assistant Secretary for Export Enforcement at the U.S. Commerce Department, stated that Nvidia has not sold any H200 chips to China, despite prior approvals for such sales.
U.S. Trade Representative Jamieson Greer confirmed that individual trade agreements with countries like China and the EU remain intact despite the Supreme Court ruling against many of Trump's tariffs.
Nick Reiner, 32, pleaded not guilty to two counts of first-degree murder ... deaths of his parents, Rob and Michele Reiner, during his arraignment in Los Angeles state court.
President Donald Trump threatened higher tariffs on goods from countries that 'play games' with their existing U.S. trade agreements following the Supreme Court’s decision quashing his global duties.
Trade, customs, and policy lawyers at firms including Bracewell LLP, Vinson & Elkins, and Akin Gump Strauss Hauer & Field have been counseling clients on potential risks and advising on measures such as altering goods movement strategies in anticipation of the Supreme Court's ruling on tariffs.
The U.S. Supreme Court struck down President Trump's global tariffs, ruling that he exceeded his authority by invoking a federal emergency-powers law to impose 'reciprocal' tariffs.
Argentina’s lower house of Congress passed President Javier Milei’s signature labor reform bill, a key step in the libertarian’s ambitious agenda that could help the nation return to global markets.
Jeffrey Epstein’s estate and its two co-executors have agreed to pay as much as $35 million to resolve outstanding legal claims of his victims who haven’t already reached settlements.
President Trump claimed that his tariffs have led Novartis to expand its U.S. manufacturing footprint, following a meeting with CEO Vas Narasimhan.