As Alphabet burns through cash on AI, it’s turning back to the bond market
Alphabet is utilizing its balance sheet with a fresh debt issuance as heavy AI investments eat into its free cash flow.
Alphabet is utilizing its balance sheet with a fresh debt issuance as heavy AI investments eat into its free cash flow.
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Main Street Capital (MAIN -0.14%) has been a reliable stock for dividend investors. The business development company (BDC) pays a forward yield of 5.7%, has never reduced its payout since its 2007 IPO, and has delivered a total return of 101% over the past five years. It’s also one of the few BDCs that pay…
Samantha Beach. Credit: Rothschild & Co Rothschild & Co has named Samantha Beach as a director and client adviser in its UK wealth management business in Manchester. The appointment adds to the firm’s regional wealth management presence in the North of England. Access deeper industry intelligence Experience unmatched clarity with a single platform that combines…
Singing sensation Cher will be forced to pay the $1 million in legal fees that she incurred during a bitter legal battle against the widow of her ex-husband Sonny Bono.
Utah launched the country’s first artificial intelligence (AI)-powered prescription refill program in January, partnering with startup Doctronic to let an AI chatbot renew certain chronic medications without a physician actively approving each request, PYMNTS reported. Six months later, the pilot has become a national flashpoint. Physicians, patient safety advocates and regulators are raising questions the…