Archive snapshot · Business
Mon, Oct 5, 8:04 PM ET
Wall Street banks launch record $60bn chip financing deal for Broadcom and Anthropic
The syndication tests lending appetite as concerns mount over growing AI-related debt.
Ft · +5 outlets
Nasdaq hits record high as megacap tech rises despite surging Treasury yields
Tech gains lifted the Nasdaq to a record while high yields pressured the broader market.
CNBC · +14 outlets
AI lab executives and former insiders testify at New York City Council safety hearing
Lawmakers pressed OpenAI, Anthropic, Google and Meta on safety as ex-employees warned about losing control of AI.
Fortune · +13 outlets
US pulls bombers from UK base over suspected terror plots; more tankers struck near Iran
Trump cited threats as Washington and London suggested Iranian involvement in an incident near RAF Fairford.
CNBC · +14 outlets
Sam Altman says world should accept some 'bad things' from AI as labs sign Trump safety pact
Altman said catastrophic risks remain unacceptable as the industry joined a voluntary safety framework.
Fortune · +14 outlets
Trump says he will pay for government-funded TV ads that praised him
The New York Times reported he instructed his budget director to use taxpayer money for the ads.
CNBC · +14 outlets
Nvidia's $20bn Groq deal faces lawsuit alleging stockholders were shortchanged
The suit claims the licensing deal squeezed out stockholders with a lowball price.
CNBC · +3 outlets
Nvidia-backed Reflection AI unveils Beam, an open model aimed at closing US-China gap
The New York company says Beam is an ultra-efficient open model on par with leading Chinese models.
Fortune · +13 outlets
Nvidia's $6 trillion milestone looms, options traders see it by end of October
The chipmaker's market value has hit fresh records on its central role in the AI ecosystem.
CNBC · +4 outlets
China shuts 670 mainly rural banks as Beijing consolidates financial system
The move aims to create fewer, larger and better-capitalized lenders.
CNBC · +4 outlets
Lucid Q3 deliveries fall 6.7% as EV maker cuts production to match demand
Lucid delivered 3,806 vehicles and produced 2,954 in the quarter, down from a year earlier.
CNBC · +5 outlets
Treasury yields above 5% raise debt-spiral fears but no 'fiscal apocalypse' yet
High rates have not slowed the AI boom, complicating the Fed's policy path.
CNBC · +3 outlets
Skydance names leadership team including Bari Weiss and Mark Thompson after WBD merger
David Ellison and Ynon Kreiz set the leadership structure for the combined Paramount Skydance and Warner Bros. Discovery.
CNBC · +14 outlets
Goldman Sachs urges governments to cut spending as bond yields surge
Anthony Gutman said lower fiscal deficits are needed to tackle rising borrowing costs.
CNBC · +8 outlets
Amazon hires former Microsoft Copilot CTO Pedram Rezaei for AI agent push
Rezaei joins as a distinguished engineer as Amazon expands its workplace AI agent efforts.
Business Insider · +2 outlets
TNT Sports CEO Luis Silberwasser exits as CBS Sports chief David Berson takes over
Berson will lead the combined global sports group of Paramount Skydance and Warner Bros. Discovery.
CNBC · +8 outlets
French central bank head warns France risks being 'strangled by interest rates'
Emmanuel Moulin said France can still reassure bond investors despite worrying market moves.
Ft · +1 outlets
C.H. Robinson open to more deals after $5.8bn RXO acquisition
CEO Dave Bozeman said the freight broker would 'never say never' on further acquisitions.
Axios · +1 outlets

‹ back to this front page