Braskem SA’s stocks and bonds gained after fellow Brazilian company Unipar Carbocloro SA offered to acquire a 34.4% stake in one of the world’s top petrochemicals makers for 10 billion reais ($2 billion).
Salesforce Inc. is elevating new generative artificial intelligence features in its products and doubling its investment in AI startups as the company banks on the emerging technology to help resuscitate sales growth.
Ontario Teachers’ Pension Plan is working on a major overhaul of its real estate operations and is seeking a global head to lead it.
Google is set to be hit with a formal antitrust complaint from the European Union that could pave the way for massive fines and strike at the heart of the advertising technology that drives most of the US firm’s revenue.
Coinbase Global Inc. will push for legislative solutions on crypto rules as it fights a lawsuit by the Securities and Exchange Commission alleging that the company operates an unregistered securities exchange, the firm’s chief legal officer said.
Bank of America Corp. Chief Executive Officer Brian Moynihan said in an interview on CNBC that the company would consider an acquisition of another lender through a deal brokered by the Federal Deposit Insurance Corp.
Bond traders are underestimating how much Tuesday’s Consumer Price Index report will show the inflation rate dropped last month, according to Citigroup Inc. strategist Raghav Datla.
Binance.US added four lawyers from Milbank LLP, including a former co-director of the Securities and Exchange Commission’s enforcement division, George Canellos, as the beleaguered crypto platform prepares its defense against US allegations of operating an illegal securities exchange.
The collapse of a section of Interstate 95 in Philadelphia will cause “major disruption” in the region just as the summer travel season begins, US Transportation Secretary Pete Buttigieg said.
Kevin’s Natural Foods, which sells refrigerated entrées like pastas and curries, is exploring a sale, according to people with knowledge of the matter.
