Altman to Return as OpenAI CEO After Days of Turmoil
The announcement marks the end of an impasse over who would lead the company that has become synonymous with the boom in AI technology.
Nvidia’s Sales Surge, With No End in Sight for AI Boom
The chip maker reported another quarter of record sales and gave a strong revenue outlook, pointing to red-hot demand for chips that underpin the artificial-intelligence boom.
Endo Creditors Offer U.S. Government $465 Million to Push Sale Forward
The bankrupt pharmaceutical company’s first-lien lenders propose a deal to resolve government objections to the restructuring plan.
Citigroup Names Asia Banking Heads as Part of Global Restructuring
The New York-based bank has named Jan Metzger, former Asia head of banking, capital markets and advisory, to lead its investment banking franchise in its North Asia & Australia and South Asia clusters.
Binance Founder Changpeng Zhao Agrees to Step Down, Plead Guilty
The largest global crypto exchange will admit wrongdoing and agree to pay $4.3 billion in fines.
Labor Group Plans Board Fight at Starbucks
A coalition of unions is seeking three seats on the coffee giant’s board.
Wyndham Rebuffs Latest Takeover Attempt From Choice Hotels
Choice CEO Pat Pacious sought to restart negotiations in a Nov. 14 letter.
Elon Musk’s X Sues Media Matters Over Antisemitism Report
The media watchdog found ads appeared near pro-Nazi content on the social-media platform.
HP Stock Slides on Earnings but Company Sees a PC Recovery Ahead
AI-focused PCs should arrive next summer, the CEO says.
Bain Capital Banks $7 Billion for Asia Buyouts
The firm bucked the private-equity fundraising trend, which has seen firms struggle to meet targets recently.
Source: Dow Jones Newswires