Category: Business

NEW YORK, Oct. 17 — Blackstone, the world’s largest alternative asset manager, is aiming to raise $5.5 billion for its latest Tactical Opportunities Fund V, according to documents prepared for the Louisiana Teachers’ Retirement System PitchBook. The vehicle represents a modest step-up from its predecessor and underscores the firm’s confidence in demand for opportunistic capital […]

NEW YORK—The United Automobile Workers (UAW), Communications Workers of America (CWA), and American Federation of Teachers (AFT) filed a lawsuit today against the Departments of State and Homeland Security for their viewpoint-based surveillance and suppression of protected expression online. The complaint asks a federal court to stop this unconstitutional surveillance program, which has silenced and […]

LONDON, Oct. 17 — A new analysis by S&P Global warns that the latest wave of global tariffs, spearheaded by U.S. trade measures, will impose costs exceeding $1.2 trillion on businesses worldwide in 2025. The report highlights that while companies will absorb part of the impact, two-thirds of the financial burden is expected to be […]

Should you have to think twice before posting a protest flyer to your Instagram story? Or feel pressure to delete that bald JD Vance meme that you shared? Now imagine that you could get kicked out of the country—potentially losing your job or education—based on the Trump administration’s dislike of your views on social media.  That […]

Macquarie Asset Management announced on October 15, 2025, that it will divest Aligned Data Centers, a U.S.-based operator, to a consortium of investors including BlackRock’s Global Infrastructure Partners (GIP), the AI Infrastructure Partnership (AIP), and UAE-based MGX. The deal, which values Aligned at US$40 billion, surpasses the previous sector record set in 2024 when Blackstone […]

Instead of catching you off-guard with a jump scare this Halloween season, EFF is here to catch you up on the latest digital rights news with our EFFector newsletter! In this issue, we’re helping you take control of your online privacy with Opt Out October; explaining the UK’s attack on encryption and why it’s bad […]

The European Commission is poised to approve the $17 billion acquisition of Covestro by the Abu Dhabi National Oil Company (ADNOC), following key concessions made by the UAE-based energy firm to address regulatory concerns. The deal, valued at €14.7 billion, represents ADNOC’s largest-ever foreign investment and a significant expansion into the European chemicals sector. Sources […]

The framework, developed after years of negotiations and approved in draft form in April, would for the first time establish a mandatory global fuel standard and a greenhouse gas pricing mechanism for ships. Together, they are intended to steer the world’s maritime fleet – which carries about 80 per cent of global trade and produces […]

California Governor Newsom has signed S.B. 524, a bill that begins the long process of regulating and imposing transparency on the growing problem of AI-written police reports. EFF supported this bill and has spent the last year vocally criticizing the companies pushing AI-generated police reports as a service.  S.B.524 requires police to disclose, on the […]

British pharmaceutical giant AstraZeneca has reached a sweeping agreement with the U.S. government to cut prescription drug costs while dramatically expanding its American manufacturing and research footprint. The deal, announced at the White House by CEO Pascal Soriot alongside President Donald Trump, commits the company to invest $50 billion over the next five years in […]