A contractor for US national laboratories and a radioactive waste storage site managed by the Department of Energy were among the victims of wide-ranging cyberattack that saw several federal agencies hacked, according to a person familiar with the matter.
University of Texas Investment Management Co., the largest public endowment in the US, plans to delve deeper into private equity and illiquid assets to boost returns.
DraftKings Inc. made a $195 million counteroffer for PointsBet Holdings Ltd’s US sports and online betting business, which the company had already agreed to sell to Fanatics Inc.
Some dosages of Eli Lilly & Co.’s Mounjaro are again in shortage, the latest in a line of recurring supply issues caused by patients using the diabetes medication as a weight-loss treatment.
Micron Technology Inc. warned that about half of its sales tied to China-headquartered clients may be affected by a cybersecurity probe being carried out by the Chinese government, representing a “low-double-digit percentage” of its global revenue.
A group of investors holding more than €1 billion ($1.09 billion) of SBB bonds have hired an adviser to counter the efforts of rival creditors that claim the company is at risk of default.
Acrisure LLC, a large, closely-held insurance broker, is interviewing banks to go public next year, people with knowledge of the matter said, in a sign that equity markets may be opening up to new listings from strong companies.
The Federal Reserve said tighter US credit conditions following bank failures in March may weigh on growth and that the extent of additional monetary policy tightening will depend on incoming data.
Major ports in the western Indian state of Gujarat, including Adani Group’s flagship Mundra operation, remained shut as winds are still strong after cyclone Biparjoy made landfall.
What do billionaire Ken Griffin, a Hamptons fire and Cy Twombly’s painting Untitled (1971) have in common?
