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Rohan Goswami
Business Reporter
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@rogoswami
‘You’re welcome’: Biden’s antitrust chief points to Figma IPO as vindication of his policy
Jonathan Kanter, a former Justice Department official, says it was their robust antitrust approach that helped the design software firm thrive.
Graeme Sloan/Sipa USA via Reuters
Tesla gives Musk $29B to keep his ‘energies focused’
New shares would give the billionaire 16% control of the carmaker, which is competing for his attention with AI, space, brain implants — and politics.
Gonzalo Fuentes/Reuters
Executives look to beef up building security after Manhattan shooting
C-suites were already on edge after an insurance executive was assassinated last year, and now have to grapple with panicked employees and security overhauls.
Kylie Cooper/Reuters
$85 billion merger would create largest railroad in US
Union Pacific struck an $85 billion deal for Norfolk Southern, a combination that would create the US’ largest railroad, pending regulatory approval.
REUTERS/Jonathan Drake
Nate Anderson rebuts pardoned Nikola founder
The short-seller, whose research sent Nikola CEO Trevor Milton to prison, hit back against a Tucker Carlson show portraying the executive as a deep-state victim.
Chip Somodevilla/Getty Images
South Park hits at Skydance, Trump in scathing season debut
The satirical cartoon’s new season debuted with jokes about CBS, the “Epstein list,” and Trump literally in bed with Satan.
Taylor Hill/WireImage via Getty
UN head calls for more green energy projects, fearing AI capacity limits
As AI data centers sprout up, concerns are mounting over where the energy to power them comes from, and how to pay for it.
Coca-Cola swaps corn syrup for cane sugar in MAHA-inspired move
PepsiCo also announced a health-forward version of its flagship drink.
Berkshire-owned BNSF taps bankers for its own rail acquisition
BNSF has underperformed rivals over the last few years, but can’t afford to sit on the dealmaking sideline.
Union Pacific, Norfolk Southern discuss merger
The megamerger is far from assured, and talks could fall apart at anytime.
Union Pacific has hired bankers for a possible railroad bid
Executives and insiders have speculated for months that a Trump presidency could usher in a fresh wave of rail consolidation.
Employment woes are coming for startup talent
The war for AI talent has reached new heights, but comes at a cost for rank-and-file employees.
Media moguls land, humbled, in Sun Valley
The Allen & Co. Sun Valley conference has midwived megadeals, but today’s moguls face a scrambled world.
US trade wars breed jingoism worldwide
Trump’s trade deals are so far light and fraught, as leaders around the world, managing their own voters, are pushing back.
The death of American equities? Not so fast.
There is little evidence in the stock market that American exceptionalism is dead.
Call-center software maker Verint seeks buyers in AI dealmaking test
Verint’s stock is down about 20% year-to-date, despite efforts to position itself to the market as an AI-forward company.
NYC mayoral race panics business elite
It’s as much fears about personal income tax as Mamdani’s posture on the conflict in Israel.
Is Washington open to railroad mergers? This regulator isn’t saying no.
The Surface Transportation Board’s chairman has privately signaled a break from the reflexive antipathy of his Biden-era predecessor toward consolidation, as CEOs float benefits of mergers.