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Elon Musk wants OpenAI Inc. and Microsoft to pay him damages in the range of $79 billion to $134 billion over his claims that the generative AI company defrauded him by abandoning its nonprofit roots and partnering with the software giant....

India will revive tax proceedings against Tiger Global Management after a top court ruling related to the firm's 2018 sale of its stake in online retailer Flipkart....

China used more than double the electricity of the US in 2025, China Central Television reported Saturday, citing data from the National Energy Administration....

China punished 69 officials at the level of minister, provincial rank and above last year for corruption amid an ongoing crackdown, according to a statement posted Saturday on the website of the Central Commission for Discipline Inspection and the National Supervisory Commission....

Commerce Secretary Howard Lutnick said South Korean memory chipmakers and Taiwanese companies that aren't investing in the US may face up to 100% tariffs unless they commit to increased production on American soil, as the Trump administration ramps up calls for additional foreign investment....

Malaysia's Capital A Bhd. said it completed the sale of its short-haul aviation business to AirAsia X Bhd., as part of the restructuring of the business empire controlled by Tony Fernandes....

Former New York Fed President Bill Dudley reacts to the Justice Department's criminal subpoena of Fed Chair Jerome Powell, and discusses Powell's public response. Dudley explains how the Trump Administration's pressure on the Fed to lower interest rates is 'counterproductive,' and addresses concerns about damaging the Fed's credibility. He says that although President Donald Trump views interest rates like a real estate developer, lower rates aren't always good for American consumers. (Source: Bloomberg)...

Japanese Prime Minister Sanae Takaichi will consider a temporary suspension of sales tax on food as part of her election campaign pledge after her expected dissolution of parliament next week, Mainichi newspaper reported, citing unnamed people familiar with the matter....

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Morgan Stanley Investment, Management's Andrew Slimmon, Scotiabank's Andrew Weisel, Monness Crespi Hardt & Co's Brian White, Former FDIC Chair Sheila Bair, Neuberger Berman's Jeff Blazek, Needham & Company's Laura Martin, Evercore's Nicholas Amicucci, Mizuho Securities USA's Dan Kolev, AlixPartners' Simon Freakley, McKinsey Global Institute's Chris Bradley, UFC's Dana White. (Source: Bloomberg)...

Chris Bradley, McKinsey Global Institute Director and Senior Partner, says we are entering a new economic era. He speaks with Romaine Bostick on “The Close.” (Source: Bloomberg)...

Hellman & Friedman is exploring a potential sale of medical device company Cordis, people familiar with the matter said....

Using the common painkiller acetaminophen during pregnancy is not linked to neurodevelopmental disorders in children, according to a study published in the Lancet on Friday....

Peter Chernin, the media mogul behind Ford v Ferrari and other films, is in talks to merge his North Road Co. production business with the French media company Mediawan, according to people with knowledge of the matter....

Simon Freakley, AlixPartners Executive Chairman, says CEOs are adapting to intense disruption and managing through volatile times. He speaks with Romaine Bostick and Katie Greifeld on “The Close.” (Source: Bloomberg)...

Sheila Bair, former FDIC chair and a member of the Center for Financial Stability Advisory Board, says the Supreme Court may draw a line to protect the Fed's independence. She speaks with Romaine Bostick and Emily Graffeo on “The Close.” (Source: Bloomberg)...

The Securities and Exchange Commission has approved new expirations for Magnificent Seven stocks, moving the US market a step closer to daily expiries in single stock options....

Barry speaks with Richard Thaler and Alex Imas award winning economists and co-authors of "The Winner's Curse: Behavioral Economics Anomalies". They discuss the psychology of spending at auctions, and the effects of draft picks on NFL team spending. They also discuss the anomalies of human behavior and decision making that challenge classical economic theories. (Source: Bloomberg)...

Dana White, UFC President, CEO and Co-Owner, discusses the UFC's deal with Paramount, a potential White House event, and the future of boxing with Romaine Bostick and Katie Greifeld on “The Close.” (Source: Bloomberg)...

AgomAb Therapeutics NV filed for a initial public offering in the US to help fund trials of its drugs to treat immune and inflammation diseases....

Edison International sued Los Angeles County and other public agencies for allegedly failing to ensure timely evacuation alerts that the company says could have saved most of the 19 people who died in a massive wildfire last year....