News

Blackstone Still Bullish on A.I. Data Centers Despite DeepSeek
The Chinese A.I. start-up DeepSeek upended the prevailing view that artificial intelligence systems require huge amounts of power and investment. But Blackstone, the private equity behemoth and a major...

F.C.C. Chair Orders Investigation Into NPR and PBS Stations
Brendan Carr, the chairman of the Federal Communications Commission, informed NPR and PBS this week that he had ordered an investigation into the practice of their member stations airing...

U.S. Sues to Block Tech Deal in First Antitrust Action of Trump Term
The Justice Department on Thursday moved to block Hewlett Packard Enterprise’s $14 billion acquisition of Juniper Networks, the first deal to be challenged by antitrust enforcers during President Trump’s...

European Central Bank Cuts Interest Rates as Economic Growth Stagnates
The European Central Bank cut interest rates on Thursday, for the fifth consecutive time, amid slowing growth in the region’s economy.Policymakers lowered the bank’s key rate a quarter point...

U.S. Economy Grew 2.3 Percent in Fourth Quarter,
Growth slowed but remained resilient at the end of 2024, leaving the U.S. economy on solid footing heading into a new year — and a new presidential administration —...

Shell and Equinor Oil and Gas Production Is Blocked at Sites Off British Coast
A court in Scotland blocked the production of oil and gas on Thursday at two large project sites being developed in British waters until their impact on climate change...