Anthropic's IPO targets up to $1.02 trillion, falling well short of the $1.5 trillion valuation previously discussed as Wall Street reassesses AI costs.
The U.S. Energy Department touted the financial close of a $480 million loan targeted at helping to boost oil and natural gas production in the Gulf of America.
California voters rejected a proposed 5% tax on billionaire wealth as supporters vowed to keep pushing and critics warned the state's tax climate could drive more residents and investment elsewhere.
Marcus Lemonis urges businesses to adapt to rising costs rather than "make excuses" after an Outback Steakhouse franchisee filed for bankruptcy with $449 million in debt.