Starboard Value LP has amassed a stake of about $350 million in CarMax Inc. and sees an opportunity to accelerate the used car retailer’s turnaround under incoming Chief Executive Officer Keith Barr, ...
Household-help app Snabbit is in talks for fresh funding at a valuation of about $450 million, the latest to tap investor interest in the burgeoning market.
The cost of meeting net zero is less than a single fossil fuel price shock, the UK’s official climate adviser said.
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A tense global hunt for liquefied natural gas sparked by the war in the Middle East is starting to shift physical supply flows, as more shipments bound for Europe are diverting to Asia. At least eight ...
Claude AI tool maker Anthropic PBC is set to open a Sydney office in the coming weeks as it expands into Australia and New Zealand, the company said in a statement.
On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss the latest developments from Iran. On today's show, Republican Congressman Marlin ...
Echostar Corp., owner of the Dish TV service, said Gray Media Inc. cut off its customers’ access to 226 channels in 113 markets as a result of a fee dispute between the companies.
For decades, the deep-throated growl of a Porsche AG sports car was a sought after status symbol for China’s newly rich. Lately, though, it has lost that mantle to a new breed of whisper-quiet, ...
A rally in the price of Alberta’s carbon credits after the province promised to raise the industrial carbon tax and shore up its carbon trading system has faded.
Sequoia Capital partner Ravi Gupta and former Meta Platforms Inc. Chief Revenue Officer John Hegeman are looking to raise at least $1 billion for a new company called Ithaca Holdings, according to ...
Anthropic PBC told a judge it could lose as much as billions of dollars in revenue this year and urged quick action on its request to block the Trump administration’s declaration of the company as a ...