Money, Wealth & Power—A Daily Look at the Financial World
Boeing is telling investors it is finally ready to turn the corner from crisis management to cash generation, projecting that its commercial jet business will throw off billions of dollars in the coming year. The company is leaning on a ramp-up in key programs and a cleaner balance sheet to argue that its long-promised financial…
General Motors is pouring nearly $900 million into its New York engine complex, a bet that big trucks and V8 powertrains will remain central to its business even as the industry races toward electrification. The move centers on a sweeping upgrade of the company’s Tonawanda Propulsion plant outside Buffalo, positioning it as a hub for…
Artificial intelligence is moving deeper into the financial advice business, not to replace human advisers outright but to strip away the repetitive work that keeps them from clients. Sequoia Capital’s latest bet on an AI wealth platform signals that the next competitive edge in advisory firms will come from software that handles the grunt work…
US banking giants are deepening their footprint in Britain just as the government signals a friendlier stance on finance, turning a post‑Budget sigh of relief into bricks, desks and new jobs. Their expansion plans in London and Birmingham are more than routine office moves, they amount to a public vote of confidence in the United…
Netflix has not publicly announced any plan to acquire Warner Bros., and there is no verified reporting that a mostly cash bid is on the table. Instead, the idea of Netflix circling Warner Bros. lives in the realm of hypothetical dealmaking, a way to test how far consolidation in streaming and Hollywood might go. I…
Space data centers sound like science fiction, but they are quickly becoming a serious thought experiment for the cloud industry. The headline promise that Sundar Pichai sees orbital infrastructure roughly a decade away is, however, unverified based on available sources, so the more revealing story is what his actual track record on artificial intelligence and…
Eli Lilly is cutting what self-paying patients shell out for its blockbuster obesity drug Zepbound when they buy single-dose vials directly through its own online pharmacy. The move reshapes the cash market for GLP-1 weight-loss drugs, tightening pressure on rivals and testing how far manufacturers will go to answer political and public anger over sky-high…
Instagram is scrapping its hybrid experiment and telling most of its United States workforce to prepare for a full return to the office in 2026, with chief Adam Mosseri warning that the coming year will be “tough.” The shift to a five‑day, in‑person schedule marks one of the most aggressive reversals of Work From Home…
NASA has effectively stepped back from a flagship commercial spaceplane it once touted as part of the future of space station logistics, reshaping the trajectory of a program that has absorbed roughly a billion dollars in public and private money. Instead of flying a full slate of cargo missions to the International Space Station, Dream…
Apple is mounting an aggressive legal push in India to blunt a new antitrust penalty regime that could expose the company to as much as $38B in fines tied to its global revenue. The fight goes far beyond one investigation, setting up a pivotal test of how far a major emerging market can go in…