OpenAI calls out Microsoft reliance as risk in investor document ahead of expected IPO
In a document that resembles an IPO prospectus, OpenAI highlighted the risk of its dependence on Microsoft and of supply disruptions at TSMC.
CNBC’s The China Connection newsletter: The secret sauce behind Alibaba’s animation studio
As Hollywood navigates the world of streaming, a Chinese animation studio is doubling down on a viewer-centric approach.
Iran attacks in Strait of Hormuz are ‘economic terrorism against every nation,’ UAE oil CEO says
Sultan Ahmed Al Jaber, CEO of the UAE’s state-owned oil company, said the Strait of Hormuz must reopen to resolve the supply shock.
Apollo gives investors only 45% of requested withdrawals from $15 billion private credit fund
The withdrawals show that Apollo didn’t avoid the rush of investor redemptions plaguing rivals, driven by concern over private credit loans to software firms.
Stock futures tick higher after Monday’s relief rally; traders eye latest developments in Iran: Live updates
The major averages staged a rebound on Monday after President Trump said that the U.S. and Iran have had “productive” talks.
Estée Lauder is in talks to merge with Puig amid ongoing turnaround plan
Estée Lauder said Monday the company is in talks to potentially merge with Spanish beauty company Puig.
Asia wants more U.S. oil and gas to reduce Middle East dependence after Iran war, Burgum says
Japan, South Korea and Taiwan rely heavily on exports through the Strait of Hormuz.
China sees long lines at the gas pump as Mideast turmoil hits
The China state refiner issued a notice Sunday that the price of gas will be set higher by a “meaningful” amount starting March 24.
Volume in stock and oil futures surged minutes before Trump’s market-turning post
The timing of the earlier volume spikes — across both equities and crude — caught the attention of traders.
Toyota to invest $1 billion to increase U.S. production in Kentucky, Indiana plants
Toyota on Monday announced $1 billion in investments in two U.S. plants as part of a plan to invest up to $10 billion domestically over the next five years.
