Business & Practice

For years, the most popular way to trade crypto — a never-expiring, highly leveraged contract called a perpetual future — has existed almost entirely beyond the reach of US regulators, thriving on offshore exchanges that operate outside American law.

Anthropic PBC’s latest funding round has vaulted the AI firm’s seven founders into the ranks of the world’s 500 richest people, the most from one company to be added in a single day in Bloomberg Billionaires Index history.

As SpaceX edges closer to what could be the largest initial public offering in history, a corner of the crypto market is already pricing the debut — and recent history suggests the numbers are worth watching.

Investors pulled money from US spot-Bitcoin exchange-traded funds for a ninth straight session, the longest run of withdrawals since the products debuted, underscoring a cooling in demand for the largest cryptocurrency even as broader risk assets rally.

Revolut is one of a cadre of international fintechs seeking a prominent position in the US financial market. But history suggests it won’t be an easy challenge to crack.

Anthropic PBC raised $65 billion in a funding round that valued the artificial intelligence company at $965 billion including the new investment, eclipsing rival OpenAI’s value for the first time.

Former Attorney General Pam Bondi rebuffed questions about President Donald Trump’s involvement in handling records of the Justice Department’s investigation of accused sex trafficker Jeffrey Epstein, Democratic lawmakers said.

Toms Capital Investment Management has acquired a stake in spice maker McCormick & Co., according to a person familiar with the matter.

The Federal Communications Commission changed the expiration dates for eight Walt Disney Co.-owned TV stations back to their original timelines after previously saying their licenses expired on Thursday.

The US Securities and Exchange Commission wants to formally kill rules it’s now calling a “dramatic overreach” of its own authority that would have required public companies to report greenhouse gas emissions and climate-related risks to their operations.

Nextpower Inc. shares briefly touched an all-time high after the solar tracking provider agreed to buy battery company Prevalon Energy for as much as $365 million, marking the solar-tracking provider’s move into energy storage and the fast-growing AI data-center market.

A deals boutique based in Los Angeles sold a position in their back-office functions to a private equity firm, employing a corporate structure that is increasingly gaining a foothold in the legal profession.

Former Attorney General Pam Bondi rebuffed questions about President Donald Trump’s involvement in handling records of the Justice Department’s investigation of accused sex trafficker Jeffrey Epstein, Democratic lawmakers said.

The Federal Communications Commission changed the expiration dates for eight Walt Disney Co.-owned TV stations back to their original timelines after previously saying their licenses expired on Thursday.

SeatGeek Inc. convinced a federal court in California to dismiss a proposed class action over the online ticket platform’s use of third-party trackers because the lead plaintiff lacked standing to bring the suit.

A web-browser tool that offers surfers a one-click way to implement their privacy choices is creating challenges for website operators facing pressure from state regulators and aggrieved consumers over the selling and sharing of consumer data.

Chinese-made electric vehicles are beginning to arrive in Canada under a new arrangement that Prime Minister Mark Carney agreed to in January during a visit with China’s President Xi Jinping.

Foreign adversaries need to be stopped from using location data collected and sold by data brokers to target US military members in active war zones, more than a dozen lawmakers said in a letter to the Pentagon Thursday.

Chevron Corporation has tapped Lehotsky Keller Cohn LLP founding partner Scott Keller as its new general counsel with plans to promote him to chief legal officer.

A nonprofit formed to help the University of Nevada-Las Vegas build a medical school is exempt from sales and use tax as a charitable organization, regardless of the fact that it partnered with the government, the state high court ruled.

A federal judge in Virginia temporarily barred the Trump administration from taking steps to operate the $1.8 billion “anti-weaponization fund” while she weighs a longer-term block amid a growing number of legal challenges.

Former Attorney General Pam Bondi rebuffed questions about President Donald Trump’s involvement in handling records of the Justice Department’s investigation of accused sex trafficker Jeffrey Epstein, Democratic lawmakers said.

Metropolitan Life Insurance Co. validly refused to pay $170,000 in accidental death benefits to a man whose wife died after a mishap during in-home dialysis treatment, the Eighth Circuit held Friday.

The Federal Communications Commission changed the expiration dates for eight Walt Disney Co.-owned TV stations back to their original timelines after previously saying their licenses expired on Thursday.