business
AI Construction Costs Can Be an Accounting ‘Black Box’
Spending on chips is generally lumped together with data-center building costs on corporate balance sheets, even as the lifespan for chips can be much shorter. Source link
Work on Christmas? Startup Founders Make Different Choices
Entrepreneurs juggle a hard-charging work culture and competitive pressures with family obligations. Source link
Energy & Utilities Roundup: Market Talk
Find insight on the U.S. blockade of tankers entering or leaving Venezuela, U.S. oil rigs and more in the latest Market Talks covering Energy and Utilities. Source link
Why the ‘Everyone’s a Winner’ Energy Trade Can’t Last Forever
From solar to nuclear and coal, stocks have soared on AI demand. Source link
Sapporo to Sell Real-Estate Business to KKR-PAG Consortium
The consortium agreed to buy the Japanese beer maker’s real-estate subsidiary valued around $3 billion. Source link
Sanofi to Buy Vaccine Maker Dynavax in $2.2 Billion Deal
The cash deal seeks to strengthen the French drugmaker’s immunization portfolio after it suffered setbacks in clinical trials. Source link
Waymo to Update Software Across Fleet After San Francisco Power Outage
The self-driving car startup owned by Google parent Alphabet will update its software fleetwide to improve navigation during power outages after vehicles froze in San Francisco. Source link
BP Near Deal to Sell Majority Stake in Castrol to Stonepeak in $10 Billion Deal
Sale of lubricants business is part of British energy giant’s plan to raise $20 billion from asset sales Source link
The Marketing Master Trying to Make Us Fall in Love With Disney Again
The company’s first chief brand officer, Asad Ayaz, is Bob Iger’s pick to depoliticize America’s best-known entertainment company. Source link
Billionaire’s Heirs to Pay $750 Million in Biggest-Ever U.S. Tax-Fraud Case
The estate of Texas software executive Robert Brockman agreed to settle the case in which the IRS had sought about $1 billion plus interest. Source link