Global pension funds are reducing U.S. equity exposure as valuations and AI concentration raise portfolio risks. The Australian Retirement Trust, Canada’s La Caisse and the UK’s People’s Pension now sit below global…
China’s antitrust regulator has asked Anglo American to guarantee copper concentrate supplies as a condition for approving its proposed $54 billion merger with Teck Resources, Reuters reported Friday. Three people familiar with…
SoftBank Group completed the final $10 billion tranche of its planned $30 billion follow-on investment in OpenAI on October 1. The payment, made through SoftBank Vision Fund 2, completes the three-tranche commitment…
Alphabet’s Google launched its first AI chips into orbit Thursday aboard a SpaceX Falcon 9 rocket. The chips are part of Project Suncatcher, an experimental effort to test AI computing in space.…
Binance Pay now lets eligible overseas visitors to Japan spend USDT at most PayPay-supported merchants nationwide. The service launched Sept. 30 through HIVEX, a payment interoperability framework connecting overseas QR payment services…
Plug Power shares rose nearly 5% in premarket trading Tuesday after the company announced a 280-megawatt electrolyzer supply agreement with Arcadia eFuels. The deal covers Project ENDOR, a planned sustainable aviation fuel…
Former Los Angeles County sheriff’s deputy Eric Chase Saavedra received 21 months in federal prison on Sept. 28 for abusing his law enforcement authority on behalf of crypto businessman Adam Iza. U.S.…
The Solana Foundation appointed former Binance global CMO Rachel Conlan as chief strategy officer and former Polygon Labs executive Jamal Raees as general manager of payments on Sept. 24. The appointments target…
TRON has surpassed $30 trillion in cumulative transfer volume, marking a major network milestone announced September 23. TRONSCAN data now shows more than 405 million accounts and over 15.5 billion total transactions.…
Porsche CEO Michael Leiters told employees Monday that the company has no plans to cut another 4,000 jobs. He made the statement in an internal memo after reports suggested Volkswagen was considering…
Planet Fitness director Christopher Tanco purchased 2,328 Class A shares on September 14 for about $119,259. The transaction carried a weighted average price of $51.23 per share, according to a Form 4…
The Bank of Japan raised its policy rate by 25 basis points to 1.25% on Friday. The move lifted borrowing costs to their highest level in 31 years. The yen weakened after…
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