Business
Penn president’s ‘permissive approach’ to antisemitism prompts donor to withdraw a $100 million gift
Investment manager Ross Stevens withdrew a donation valued at about $100 million that he had given his alma mater, the...
G42, UAE-based AI firm, cuts ties with China over U.S. security risks
In the AI arms race, the world’s superpowers are increasingly forcing prospective allies to pick sides—the U.S. or China. And...
SpaceX is now valued at $175 billion in the private market—larger than any IPO valuation in history
Elon Musk’s X may be flailing, but another company owned by the billionaire is on track to reach dizzying heights....
White House threatens to cancel patents of high-priced drugs developed with taxpayer funds
The Biden administration is putting pharmaceutical companies on notice, warning them that if the price of certain drugs is too high, the government...
Singledom is so expensive that women’s financial confidence plummets if they’re unmarried
Women in the U.S. have been making strides when it comes to finances, investing and earning more, and saving for...
Robinhood launches crypto trading in the EU, adds Solana and other tokens delisted in the U.S.
Robinhood, the stock trading app that also lets users buy and sell crypto, announced early Thursday that it has officially...
‘Too many’ U.S. Coast Guard employees feel unsafe, internal review finds after recent revelations about rapes and sexual harassment
U.S. Coast Guard officials are promising reforms after an internal review sparked by reports of sexual assault and harassment found that “too...
Oregon utility owned by Warren Buffett’s Berkshire Hathaway to pay $300 million settlement over 2020 wildfires
Electricity utility PacifiCorp will pay $299 million to settle a lawsuit brought by 463 individual plaintiffs who were harmed by...
Ancestry’s CEO on how women can get ahead even when the playing field isn’t level
On the most recent episode of Fortune’s Leadership Next podcast, co-hosts Alan Murray and Michal Lev-Ram speak with Ancestry CEO Deb Liu. She...
Mortgage rates have probably peaked, Capital Economics says, and demand is starting to recover
Rising mortgage rates have taken both buyers and sellers on an emotional roller coaster this year. In early January, the...
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