Southern Company plans $1.75 billion equity units offering
Southern Company plans $1.75 billion equity units offering
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U.S. appeals court upholds Pentagon designation of Anthropic as supply chain risk
A federal appeals court panel in Washington, D.C., on Friday upheld the Pentagon’s blacklisting of Anthropic, dealing a blow to the artificial intelligence company in its months-long battle with the Trump administration. The 2-1 decision rejected Anthropic’s argument that the Department of Defense’s ban on its Claude models was arbitrary, unauthorized and unconstitutional. “The Department…
Ford fends off Hyundai to retain No. 3 U.S. sales position in Q3
Ford pickup trucks are on the sales lot at Serramonte Ford in Colma, California, Jan. 6, 2026. Justin Sullivan | Getty Images DETROIT — Ford Motor retained its No. 3 U.S. sales position during the third quarter by a narrow margin over Hyundai Motor, which had been forecast to overtake the Detroit automaker. Ford on…
OpenAI Appoints Dali Rajic as Chief Revenue Officer
OpenAI appointed former Wiz executive Dali Rajic as chief revenue officer, according to a Thursday (Aug. 13) blog post. Rajic will lead the company’s global revenue organization and will build the revenue operating system needed to scale for the next generation of AI models that will “change not just how work gets done but how…
Will Ambani’s all-fresh Jio sale prove to be a masterstroke for investors?
Reliance Industries is taking a different route with Reliance Jio’s Rs 30,213 crore IPO, choosing to raise the entire amount through fresh equity rather than allowing existing shareholders to cash out. The decision stands out in a market where several of India’s biggest public offerings have been dominated by offers for sale (OFS). The fresh…
What banks can expect if Democrats sweep Congress
Key insight: If Democrats win control of both chambers of Congress, they would use committee oversight powers to stall and question the administration’s agenda, even if they lack the votes to enact many of their own legislative priorities. Forward look: Crypto, national trust charters and Trump administration official misdeeds would be prime targets for scrutiny,…
FHFA OIG says budget cuts will eliminate criminal probes
A federal mortgage watchdog suggests its office will soon go soft on crime. Processing Content The Federal Housing Finance Agency is slashing funding for its Office of the Inspector General by over 63%, its acting leader said. That cut will severely handcuff its enforcement activities and seemingly undercut Director Bill Pulte’s campaign to root out…
