When Apple Inc. introduced a new material for phone cases and watchbands earlier this month, the company heralded it as a groundbreaking alternative to leather with “subtle luster and a soft, suede-like feel.”
Stock markets retreated Tuesday as investors priced in a protracted period of high interest rates. A selloff in government bonds paused and the dollar steadied.
Liberty Media Corp. proposed splitting off the business that houses SiriusXM and combining it with the rest of Sirius XM Holdings Inc., the latest reshuffling of billionaire John Malone’s sprawling business empire.
Walmart Inc. is expanding its offerings of prepaid phone plans with MobileX, a wireless service launched earlier this year by Boost cofounder Peter Adderton. Walmart will be MobileX’s first and exclusive retail partner, the companies said in an announcement Tuesday.
Novo Nordisk A/S is hunting for deals to beef up its drug pipeline with new potential medicines in early stages of research for obesity, diabetes and heart disease.
An alumnus of Google’s artificial intelligence research unit DeepMind has a new venture fund, Mythos Ventures, that will bankroll young AI startups.
General Atlantic is reorganizing around three core businesses to prepare for a more aggressive expansion beyond its roots as a growth equity firm and become a bigger money manager.
The US is ill-prepared to tackle the myriad of risks that threaten to undermine reliability of the nation’s electric grids, says a group focused on energy security.
Adobe Inc.’s $20 billion (18.9 billion euros) takeover of Figma Inc. risks delays after European Union watchdogs stopped the clock running on their in-depth probe to seek missing details about the deal.
The school steeped in wealth and prestige is looking for a new president at a time of multiple challenges.
