business

It represents nearly a doubling of the AI startup’s valuation from four months ago. Source link

Find insight on Warner Bros. Discovery, Vodafone and more in the latest Market Talks covering technology, media and telecom. Source link

The White House’s push to boost domestic production of raw materials has turned attention to America’s waste stream. Source link

U.S. crude oil inventories fell by 3.8 million barrels to 419.1 million barrels in the week ended Jan. 2 and were about 3% below the five-year average for the time of year, the EIA said. Source link

Albertsons reported higher third-quarter sales on the back of growth in its pharmacy business and digital channel and said that its price cuts were driving higher unit sales as consumers remain cautious. Source link

The Japanese trading house said its consumer platform, anchored by U.S. subsidiary RG Barry, will run the portfolio of footwear brands, namely Gola, Lotus, Ravel and Frank Wright. Source link

BlueScope argued that the $8.8 billion takeover bid didn’t reflect the value expected to be realized through current initiatives, growth investments and land monetization. Source link

NRG Energy has designated 25-year veteran Robert Gaudette to succeed Lawrence Coben at the helm of the energy company later this year. Source link

U.S. forces moved to seize an oil tanker that had fled the U.S. blockade of sanctioned vessels near Venezuela. Source link

The digital media outlet, which aims to inform the “global leadership class,” plans to expand its events business and add journalists. Source link