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Anthropic's long-awaited IPO will give investors a crucial look at the health of the artificial intelligence trade, and Wall Street hopes it will spur the next leg of the AI-fueled stock market rally that’s going on four years
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From Shanghai’s financial district to the citrus groves of Guangxi, see what a day in the life looks like for a slice of China’s 1.4 billion citizens.
Shell’s stance on diversity helps the energy giant comply with regulations in Europe and beyond. It’s also become central to legal challenges in the US. Read the full story: 📷: Shelby Tauber/Bloomberg
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A healthier-looking CoreWeave provides some reassurance to the broader AI market and especially to Anthropic as it gears up for its IPO, @DaveLeeBBG says (via @opinion)
Crunch Fitness is looking to raise about $800 million from a bond sale backed by the company’s franchise revenue, adding to a string of companies tapping the whole-business securitization market in recent weeks
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The boss of Texas’s electric grid will ask the state legislature for authority to require data centers to decrease power usage even before an emergency is declared
The bill would shorten environmental reviews and cut other federal red tape that can add years of delay and millions of dollars in costs to energy projects
A proposed $5.5 billion light-rail project serving neighborhoods in Brooklyn and Queens will need bigger sidewalks, additional bus lanes and more open space to maximize the potential ridership, according to the Regional Plan Association
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Jim Jordan represents the hollowing out of the GOP in the Trump era, writes @niamalikah (via @opinion)
Andy Burnham pledged to outline his 10-year plan for Britain’s future before Christmas, after suggesting just last week that his blueprint might slip to next year.
Former South Carolina Governor Nikki Haley ruled out a 2028 presidential run, even as she criticized the Trump administration for November’s midterm rout that handed Democrats decisive congressional majorities
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United Airlines is moving to block third-party AI agents from booking flights and accessing customer accounts ahead of the holiday travel season
Virgin Atlantic is cutting capacity as the UK carrier grapples with higher oil prices and softened demand
Alphabet’s Google is adding its Gemini AI app to Apple’s CarPlay system, expanding options for drivers who may already be using the assistant on their Apple devices
Canadian heavy crude has strengthened from the weakest in eight years as a surge in tanker rates subsides and oil prices drop
The effort to circle the wagons around Jeffries has not only strengthened his hand ahead of the leadership vote but also dragged a quieter party anxiety into the open
At least 11 workers at NSA and Cyber Command have taken their own lives in last year or so.
TOMORROW: What will drive Dubai’s next chapter of economic growth? At #BloombergInvest# Dubai, H.E. Hadi Badri, CEO of Dubai Economic Development Corporation at @DubaiDET, joins @BBGMedia's Jacob Greaves for a conversation on Dubai’s next chapter of growth. Live 11/12 at 10:15 AM GST ⏯️
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Polymarket has laid off staff and severed ties with a number of contractors as part of a broader effort to recover from several stumbles that have left it lagging its main rival
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California’s newly elected insurance commissioner is promising sweeping changes to the state’s $3 trillion home and auto insurance market as climate-fueled wildfires drive up costs and private insurers flee.
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