Fashion chain boss Isak Andic died while on a hiking trip with his son Jonathan two years ago

The arrangement was denounced by critics as a slush fund for supporters of President Trump, possibly including Jan. 6 rioters.

Brian Morrissey, the department’s general counsel, stepped down hours after the Trump administration announced the $1.8 billion fund.

A jury’s rejection of Elon Musk’s $150 billion lawsuit against OpenAI was a major hurdle crossed. But the maker of ChatGPT faces a list of other problems.

Blackstone is partnering with Google to launch a U.S.-based AI infrastructure company powered by Google’s TPU chips.

Radar, a hardware and software company that helps retailers better manage inventory and cut back on theft, is now valued at over $1 billion.

Modular data center builder Armada has raised $230 million from investors at a valuation of $2 billion, with BlackRock becoming a new investor.

Now that the Musk-Altman trial has reached a verdict, the two billionaires can turn their attention to readying their companies for the public market.

After years of delays and restrictions to private investment, Mexico’s renewable energy sector is expected to undergo a transformation as President Claudia Shei

Dealmaking in the U.S. shale patch jumped to a two-year high in the first quarter as M&A activity rebounded from a slump. U.S. upstream mergers hit $38 billion

The oil and gas crunch caused by the war between the U.S., Israel, and Iran, has cost global businesses $25 billion, Reuters reported today, adding that the bil

British HSBC set up an investment vehicle worth $4 billion to fund energy transition technology from China, including wind and solar power, electric vehicles, d

Anglo American has agreed to sell its steelmaking coal assets in Australia to Dhilmar Limited for up to $3.875 billion in cash, exiting the steelmaking coal bus

Michael Saylor and team added 24,869 BTC last week, bringing total holdings to 843,738 coins.

South Korea’s government stepped up pressure on Samsung Electronics and its union to avert a strike that officials say could cost the economy billions.

Berkshire Hathaway took a $2.6 billion stake in Delta Airlines and increased its shares in Alphabet by 224%.

NextEra Energy Inc's (NYSE:NEE) $190 billion all-stock takeover of Dominion Energy Inc (NYSE:D) announced on Monday would create the world's largest regulated e

DeFi insurance protocols debuted with huge ambitions during the 2020 crypto boom. But as hacks evolved and users chased yields over protection, most of the sect

Primary race is test of president’s hold over Republicans — and the reach of his billionaire allies

When the European Fine Art Foundation alights in Manhattan, it’s something like a billionaire version of the classic television game show “Supermarket Sweep.”