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.
A stunning five-bedroom Long Island estate, designed by Norman Jaffe in 1977 and featured in the popular post-apocalyptic Amazon Prime series “Fallout,” has just hit the market for $4.25 million. Located in Old Westbury, the 5,291-square-foot home has a well-preserved midcentury modern interior, including a foyer with a 30-foot ceiling and an open floor plan…
(RTTNews) – Sight Sciences, Inc. (SGHT), an eyecare technology company, on Wednesday said the U.S. Food and Drug Administration has expanded the indications for its TearCare System, making it the first treatment for meibomian gland dysfunction or MGD specifically cleared to improve gland function in patients with evaporative dry eye disease. The updated label, effective…
Mitsui Fudosan America quietly secured one of Manhattan’s largest office leases of the third quarter. Law firm Morgan, Lewis & Bockius signed a deal to take 205,000 square feet at 1251 Sixth Avenue in Midtown, the Commercial Observer reported. The deal was initially disclosed in Colliers’ quarterly report. The tenant is expected to relocate from…
The Reserve Bank of India (RBI) has submitted a draft standard operating procedure (SOP) to the Supreme Court for dealing with cyber frauds, including digital arrest scams and mule accounts, and will fine-tune it over the four-week period granted by the apex court before issuing it to regulated entities, Deputy Governor Swaminathan J said…
The spread between the cost of barrels of gasoline and crude oil — known as the “crack spread” — has widened sharply.
Steward Partners, a Stamford, Conn.-based registered investment advisor with more than 175 advisory teams and about $50 billion in assets, has added a Marietta, Ga.-based RIA overseeing nearly $1 billion in client assets. American Financial Advisors, founded by Michael Stark in 1991, is moving to Steward’s 1099 RIA platform that has grown to $50 billion…