Elon Musk’s move last week to combine SpaceX and xAI has created one of the world’s biggest and most valuable private companies, which analysts say offers a mix of potential growth and financial risk ...

XAI Holdings is not that. The company, which owns Musk’s AI startup and the social network X, is saddled with billions of dollars in debt, besieged by well-funded rivals and faces mounting regulatory ...

Since signing a term sheet in December, Hogan Lovells and Cadwalader Wickersham & Taft are working toward merging at the start of July. Balance was a key theme in designing the merger, with Hogan ...

Correction: A previous version of this article mischaracterized a remark from Netflix CEO Ted Sarandos. Executives for entertainment giants Netflix and Warner Bros. Discovery on Tuesday faced a ...

Let's clear the air before you read another word: I do not believe in the existence of an actual Super Bowl script. For the initiated, there's a theory that the NFL pre-determines not only which teams ...

Elon Musk's rocket maker SpaceX has acquired artificial intelligence startup xAI in a deal that will value the company at $1.25 trillion, CNBC has confirmed. The transaction comes ahead of a potential ...

The sports-first streamer and ESPN also unveiled a reseller and marketing deal to expand the reach and distribution of Fubo services in the Disney ecosystem. By Etan Vlessing Canada Bureau Chief Fubo ...

Fifth Third Bancorp said Monday it has completed its merger with Comerica Inc., creating the nation’s ninth-largest bank. In the fall, Cincinnati-based Fifth Third had agreed to acquire ...

Add Yahoo as a preferred source to see more of our stories on Google. Devon Energy has announced a multi-billion-dollar merger with Coterra Energy in an agreement that will move the company's ...

On Monday, Devon Energy and Coterra Energy announced that the two companies have signed a definitive agreement to merge, creating a large-cap shale operator anchored by its position in the Delaware ...