KKR has turned the market’s concern about power-hungry artificial intelligence into a pair of large renewable-infrastructure bets, agreeing to buy EDF power solutions’ North American operations for about $4.2 billion while separately launching a 2 trillion won, or roughly $1.3 billion, renewable-energy platform with
Martin Marietta Materials’ $13.5 billion agreement to combine with Lhoist North America is not just a large building-materials deal. It is a bet that some of the most ordinary inputs in the economy, lime, limestone and industrial minerals, are becoming strategic bottlenecks in the next phase of U.
BT and Verizon have found a pragmatic answer to a problem that has dogged global telecom operators for years: multinational enterprise customers still need cross-border networks, but the business has become too complex, too fragmented and too low-growth to sit comfortably inside companies trying to sharpen their domestic
The fight over prescription drug prices is moving from Washington hearings into state capitals, and investors should treat that shift as more than political noise. States are advancing new restrictions on pharmacy benefit managers. The latest wave is aimed not only at transparency, but at the ownership structure that lets
The May trade report delivered a clean warning to investors who have been treating the U.S. economy as a simple story of resilient consumers and accelerating artificial-intelligence investment. The spending is real, but so is the leakage. The U.S. goods trade deficit widened to $105.8 billion
America’s largest banks have moved quickly from regulatory exam to shareholder payout. After the Federal Reserve said all 32 banks in its 2026 stress test remained above minimum capital requirements under a severe hypothetical recession, JPMorgan Chase, Citi and Morgan Stanley used the opening to outline higher dividends, large
FedEx has entered its post-Freight era with a useful reminder for investors: portfolio simplification can make a company easier to understand, but it does not automatically make the remaining business easier to value. The package-delivery group reported stronger fourth-quarter revenue and adjusted earnings than a year earlier,
Alibaba’s decision to sue the U.S. Department of Defense over its inclusion on the Pentagon’s Chinese military-company list is not just another skirmish in Washington’s long technology fight with Beijing. It is a test of how far a reputational blacklist can travel once Congress and
Alimentation Couche-Tard’s latest quarter shows why fuel retail can still be a powerful earnings engine, even as the long-term consumer story becomes more complicated. The Canadian operator behind Circle K reported a sharp increase in fourth-quarter profit after the close on June 22, with higher fuel
Getty Images’ new display agreement with OpenAI is a small announcement with a larger market question behind it: whether the owners of professional content can turn artificial intelligence from a threat to licensing revenue into a new distribution channel. Getty said late Sunday that it had signed a multi-year
Iran’s renewed attempt to claim control over the Strait of Hormuz has turned this week’s oil-market relief into a more complicated test: whether traders should believe diplomatic headlines, military assurances or the slower judgment of shipowners and insurers. The immediate facts are deliberately muddy. Iran’s armed
President Donald Trump’s claim that Apple has agreed to work with Intel to design and manufacture chips in the United States has turned Intel’s foundry ambitions from a long-running turnaround story into a more immediate market test. Intel shares jumped after the June 18 Truth Social post,
