Oracle Prices $20 Billion in Stock and Bond Offerings
Oracle has priced $20 billion in stock and bond offerings, committing to a major financing…
Category: Business
News and clear explanations of the U.S. business landscape and the companies shaping the economy. We cover corporate news, major companies, earnings, mergers and acquisitions, and industry developments, explaining how business decisions and economic conditions affect companies, workers, consumers, and markets. Sourced from company filings, official data, regulatory records, and primary sources.
Why Big Tech’s AI Spending Boom Is Raising New Cash-Flow Questions
America’s largest technology companies are spending unprecedented sums on artificial intelligence infrastructure, but their latest…
FTC Sues Ticket Broker Over 18.5 Million Tickets Bought for Resale
The Federal Trade Commission has sued California-based ticket broker REPS & Company, alleging the firm…
CFTC Charges Cash FX Group in Alleged $950 Million Forex Ponzi Scheme
The Commodity Futures Trading Commission has sued Cash FX Group S.A., its chief executive and…