Category: Finance

London, United Kingdom: British self-driving technology firm Wayve is negotiating a major funding round with Microsoft and SoftBank, according to reports citing people familiar with the talks. If completed, the deal would inject as much as $2 billion into the London-based start-up and lift its valuation to approximately $8 billion, placing it among the most […]

With the indictment on Oct. 9, 2025, of New York Attorney General – and longtime Donald Trump adversary – Letitia James on two criminal counts related to loans for a home purchase, mortgage fraud is back in the news. Lisa Cook, a Federal Reserve governor, is also being investigated by the Department of Justice for […]

Airports across the United States have been experiencing significant flight delays recently because of a shortage of air traffic controllers, who have been required to work without pay since a government shutdown began on Oct. 1, 2025. Reports suggest employees have been calling in sick in increased numbers. And since there was already a shortage […]

New York, 11 October 2025 — Private equity firms have dramatically ramped up their exit activity in the U.S. utilities sector, with 2025 exit value reaching $14.6 billion, according to industry data. This represents a 34-fold increase over 2024’s $430 million and a more than 360% jump from 2023’s $3.16 billion, underscoring a sharp reversal […]

The Trump administration is trying to eliminate diversity, equity and inclusion programs as part of a broader campaign to end what it calls “wokeness” in American education. As part of this rollback, the Justice Department announced in July 2025 that it would no longer “defend” the federal definition of Hispanic-Serving Institutions, or HSIs. These are […]

The ongoing federal shutdown has resulted in a pause on regular government data releases, meaning economic data has been in short supply of late. That has left market-watchers and monetary policymakers somewhat in the dark over key indicators in the U.S. economy. Fortunately, the University of Michigan’s Surveys of Consumers is unaffected by the impasse […]

Tirana, 10 October 2025 — The European Bank for Reconstruction and Development (EBRD) has unveiled a €10 million financing package for Tirana Bank, designed to strengthen Albania’s financial sector and expand access to sustainable finance and trade opportunities. Structure of the Package The support consists of two key components: Strategic Importance The initiative is the […]

Video game giant Electronic Arts (EA) has agreed to be taken private in a record-breaking $55 billion all-cash acquisition by a consortium comprising Saudi Arabia’s Public Investment Fund (PIF), U.S. private equity firm Silver Lake, and Affinity Partners, the investment firm led by Jared Kushner. Largest-Ever Gaming Buyout The deal, valued at $210 per share, […]

New York, 8 October 2025 — BlackRock’s Global Infrastructure Partners (GIP) is reportedly in advanced negotiations to acquire Aligned Data Centers, in a potential transaction that could value the Texas-based operator at around $40 billion, according to people familiar with the matter. One of the Largest Data Center Deals If finalized, the acquisition would rank […]

Brussels, 9 October 2025 — Google has announced a landmark investment of €5 billion (US$5.8 billion) in Belgium to expand its artificial intelligence and cloud infrastructure, marking one of the largest technology commitments in the country’s history. Expansion in Wallonia The investment will primarily support the growth of Google’s data centre campus in Saint-Ghislain, with […]