(CNBC) Google and OpenAI, two U.S. leaders in artificial intelligence, have opposing ideas about how the technology should be regulated by the government, a new filing reveals. To read this article:

(CNBC) Republican lawmakers, state attorneys general and several advocacy groups have voiced their support for Illumina’s acquisition of cancer-test developer Grail while the Federal Trade Commission fights to unwind the deal.  The groups filed 14 amicus briefs Monday urging the […]

(Hedgeweek) The Federal Reserve’s interest rate battle to curb inflation may have some way to run yet, according to a report by Bloomberg, with hedge fund managers extending their record run of short sales of short-dated US Treasuries. To read […]

(CNBC) Stock futures were little changed in overnight trading after the S&P 500 and Nasdaq Composite each notched their highest close since April 2022. Wall Street also looked ahead to May’s consumer price index, out Tuesday. Oracle shares jumped 4% […]

(CNBC) Inflation data from May will show that the price increases that have been bedeviling consumers for the past two years are slowing down. The question, though, will be whether that deceleration will be enough to convince Federal Reserve officials […]

(CNBC) The Federal Trade Commission on Monday applied for a temporary restraining order and preliminary injunction seeking to block Microsoft’s acquisition of Activision Blizzard before the deal’s July 18 deadline. The FTC said it fears that should Microsoft be allowed […]

(CNBC) SoftBank Group Corp is planning a fresh round of layoffs at its Vision Fund investment arm, two people familiar with the matter said, the latest cost-cutting move at the Japanese conglomerate. The layoffs, which could be announced in the […]

(CNBC) Oracle shares climbed as much as 5% in extended trading on Monday after the software vendor announced fiscal fourth-quarter results and quarterly revenue guidance that exceeded Wall Street’s expectations. Earnings: $1.67 per share, adjusted, vs. $1.58 per share as […]

(Hedgeweek) Allegations of sexual misconduct levelled at Odey Asset Management founder Crispin Odey have prompted prime brokers, including Goldman Sachs, JP Morgan and Morgan Stanley, to review their relationship with the hedge fund, according to a report by Reuters. To […]

(CNBC) S&P 500 futures were little changed Sunday night as traders looked ahead to the latest inflation data and the Federal Reserve policy meeting this week. S&P 500 futures added 0.14%. Dow Jones Industrial Average futures rose by 19 points, […]

(CNBC) Philanthropist billionaire George Soros confirmed that he is handing control of his $25 billion empire to his son Alex. Soros, 92, has a net worth of $6.7 billion, according to Forbes, and is the one of the top 400 […]

(Hedgeweek) Tiger Global Management is among a number of technology-focused stock hedge funds that racked up further gains in May on the back of a surge in the value of AI-related businesses, with the fund up 6.5% over the month, […]