Bill Ackman’s Pershing raises $1.4 billion in Universal Music Group stake sale
A group of Universal Music Group shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square raised more than $1.4 billion from the sale of…
OpenAI raises $6.6 billion in funds at $157-billion valuation
OpenAI has completed a deal to raise $6.6 billion in new funding, giving the artificial intelligence company a $157-billion valuation and bolstering its efforts to…
Bloomberg: Russia is wearing down Ukraine’s defenses while Zelenskiy fights with his top general
Ukraine is running short of weapons to protect its cities, with vital assistance from Europe and the US held up by political disputes, while President…