Reflection Signs $1 Billion AI Compute Deal With Nebius
AI startup Reflection has signed a computing infrastructure agreement worth more than $1 billion with Nebius, securing access to Nvidia’s latest AI chips as demand for computing power continues to surge. The deal expands...
Trump Administration Lifts $10 Billion Freeze on Child Care, Social Services Funds
The U.S. Department of Health and Human Services (HHS) has withdrawn its planned $10 billion freeze on child care subsidies and social services funding for five Democrat-led states after legal challenges blocked the move....
California, 11 States Sue to Block Paramount-Warner Bros. Discovery Merger
California and 11 other U.S. states have filed an antitrust lawsuit seeking to block Paramount’s proposed $110 billion acquisition of Warner Bros. Discovery, arguing the merger would create an entertainment giant with excessive control...
Trump Policies Stall $83 Billion in Clean Energy Investments: Report
A report released by the labor and environmental coalition BlueGreen Alliance claims that policy changes under U.S. President Donald Trump’s second administration have resulted in the cancellation or delay of 223 clean energy and...
Williams Secures $5.3 Billion Investment from Blackstone-Led Consortium
U.S. pipeline operator Williams has secured a $5.34 billion investment from a consortium led by Blackstone, which will acquire a 49% noncontrolling stake in five of the company’s behind-the-meter power generation projects. The investment...
HHS Watchdog Reports $5.56 Billion in Recoveries as Healthcare Fraud Cases Decline
The U.S. Department of Health and Human Services (HHS) Office of Inspector General (OIG) reported $5.56 billion in expected recoveries and projected savings during the six months from October through March, while excluding 1,212...
DOJ Probes UAW President Shawn Fain Over Alleged Misconduct
The U.S. Department of Justice has launched a grand jury investigation into allegations against United Auto Workers (UAW) President Shawn Fain, according to internal union documents reviewed by Reuters. The investigation stems from findings...
Major Carmakers Win First Round in UK Diesel Emissions Lawsuit
Some of the world’s largest car manufacturers secured a significant legal victory on Friday as a UK court largely dismissed key allegations in a major lawsuit over the use of alleged illegal “defeat devices”...
Hungary Moves to Create Anti-Corruption Office
Hungary’s government has introduced a bill in parliament to establish a new anti-corruption office, fulfilling a key election pledge made by Prime Minister Peter Magyar. The proposed National Asset Protection and Recovery Office will...
FDA Approves Wearable Version of Sanofi’s Blood Cancer Drug Sarclisa
The U.S. Food and Drug Administration (FDA) has approved a wearable version of Sanofi’s blood cancer drug Sarclisa, marking the first FDA-approved cancer treatment that can be administered through an on-body injector attached to...