Business
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Michael Milken summit rival has unique ties to famed ‘Junk Bond King’
The son of Milken's partner in building Drexel into a powerhouse investment bank has been quietly making a name for himself in the burgeoning...
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Paramount, Skydance must scrap DEI to pass FCC’s ‘public interest’ litmus test: sources
Getting rid of so-called DEI will be a prerequisite for any media deal that needs FCC approval, sources tell On The Money.
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There’s a new Wall Street sheriff in town — and here’s what Paul Atkins plans to do
He understands the limits and priorities of the office. So don’t expect any wild goose chases during the Atkins years.
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Panasonic to cut 10,000 employees, expects to book $900M reform costs
Japan's Panasonic Holdings said on Friday it will cut 10,000 employees and expected to book structural reform costs of $896.06 million this...
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Before Pope Francis died, this is where he directed his remaining money to go
The late Pope Francis donated all his remaining money to a youth rehabilitation project inside a Roman prison in one of his final acts as the head...
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Treasury sanctions Chinese firms, ships for role in Iranian oil sales
The Treasury Department on Thursday slapped sanctions on several Chinese companies and other elements the department said are involved in buying...
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U.S. will stop tracking the costs of extreme weather fueled by climate change
The National Oceanic and Atmospheric Administration will no longer track the cost of climate change-fueled weather disasters, including floods,...
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Trump says slow ports mean U.S. losing less money
President Trump said the slowness at U.S. ports due to tariffs on Chinese goods is a "good thing."
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OpenAI CEO Sam Altman and other U.S. tech leaders testify to Congress on AI competition with China
OpenAI CEO Sam Altman and executives from Microsoft and chipmaker Advanced Micro Devices testified on Capitol Hill about the biggest opportunities,...
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White House proposes a major overhaul of the outdated U.S. air traffic control system
The Trump administration proposed a major overhaul of the U.S. air traffic control system on Thursday in the wake of recent deadly plane crashes...
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What's in the U.S.-U.K. trade deal? A broad agreement with limited details
The Trump administration announced a trade deal with the United Kingdom Thursday in grandiose terms, but with only limited details about what it...
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Trump says China tariff could be lowered, hints at meeting with Xi
President Trump said Thursday that he's open to lowering tariffs on China after upcoming trade talks between the two countries, and hinted that he...