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top wall street law firms have quietly turned into a pipeline for insider trading. the business of deal advice has ballooned into a massive legal enterprise — and that growth is making it harder to keep confidential information safe. the core problem: the same firms that advise on billion-dollar mergers also
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anthropic, the startup behind the claude chatbot, is weighing a deal that could value it at nearly $1 trillion. the company is fielding inbound investment offers as revenue surges. if it goes through, that would push anthropic's valuation past rival openai. the surge in revenue is drawing investors
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airbus landed a $19bn order from airasia for 150 a220-300 jets — the largest aircraft deal in canadian history. the sale is a big win for airbus's canadian production line, where the a220 is assembled in mirabel, quebec. the order covers 150 of the small single-aisle planes, with deliveries
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carlyle and diversified energy are partnering on a $1.2bn oil and gas venture. the private equity firm plans to securitise future revenue from well production and sell those claims to private credit investors. the deal gives carlyle a way to package expected cash flows from diversified's wells
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the uae is leaving opec. the decision isn't just about commercial calculations — it reflects deeper structural shifts in global energy markets, according to the analysis. no specific date or production figures are given, but the move signals a divergence between the uae's long-term strategy and the
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oil price swings are doing more damage than high prices themselves, according to global trade alert. the research group says the volatility will push merchandise trade flows downward — and the worst is still ahead. no specific numbers were given, but the implication is clear: unpredictable energy costs make it harder
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meta and mark zuckerberg have been sued by five large publishing groups for copyright infringement. the publishers allege the company used their copyrighted works without permission to train its llama ai models. the lawsuit describes the practice as "massive" infringement. the plaintiffs are seeking damages and an injunction
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oil jumped to $114 a barrel and treasuries sold off as the hormuz crisis reignited. tehran targeted the uae, and the us struck iranian fast boats in response. the deepening conflict sent crude to its highest level in weeks, while bonds fell as investors priced in more instability. the strait
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peter thiel led a $140mn investment into panthalassa, a start-up building ocean data centres that run on wave energy. the company plans to spend $1bn on the project, aiming to power ai computing with floating data centres anchored at sea. the search for energy to train and run ai models
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major airlines have cut millions of seats from their schedules as fuel shortage fears spread. the crisis in the middle east is the direct cause, disrupting supply routes and pushing jet fuel prices higher. carriers in europe and asia have been hit hardest, with several already announcing reduced long-haul service
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putin has tightened his personal security after ukraine's drone attacks reached deeper into russian territory than before. the strikes hit targets that were previously considered out of range, and the kremlin's response has been to pull putin further from public view. his schedule has been scaled
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individual investors now dominate u.s. stock trading, with retail activity hitting record levels despite the iran war scare and other 2020 shocks. their share of total market volume has more than doubled over the past decade, according to data from bloomberg. the pandemic turbocharged this shift — millions of new