Adobe Inc. is looking to enter the investment-grade bond market later this year to help fund its planned purchase of Figma Inc. and refinance upcoming maturities in one go, Chief Financial Officer Dan Durn said.
The US Supreme Court refused to block a legal settlement that would cancel $6 billion in debt for students who say they were misled about job prospects by a group of mostly for-profit colleges.
House Speaker Kevin McCarthy is preparing to unveil next week a plan that would suspend the nation’s debt ceiling for a year in return for spending concessions, according to people familiar with the talks.
Donald Trump will get another chance to fend off a defamation lawsuit by writer E. Jean Carroll, but it will be harder for him to argue that because he was president at the time, he is immune from being sued.
Ether rallied past $2,000 for the first time since August after a widely anticipated software upgrade to the most commercially important blockchain went according to plan, and as worries of initial rapid outflows proved unfounded.
The Biden administration has lured away a Goldman Sachs Group Inc. banker to help build a program that will act as a quasi-investment firm to ramp up US semiconductor production amid a growing feud with China over technology leadership and security.
Amazon.com Inc. is joining Microsoft Corp. and Google in the generative artificial intelligence race, announcing technology aimed at its cloud customers as well as a marketplace for AI tools from other companies.
As Wall Street faces what’s set to be an ugly earnings season of deteriorating profits and weakening guidance, Bank of America Corp. strategists say the rest of 2023 could be even worse.
Jimmy and Dee Haslam’s purchase of a minority stake in the Milwaukee Bucks from billionaire Marc Lasry is set to be completed Friday, according to people familiar with the matter.
Republican leader Mitch McConnell says he’ll return to the US Senate on Monday, his first appearance in the Capitol since he suffered a concussion and broken rib in a March 8 fall at a fundraiser in Washington, D.C.
