business news

Democrats wanted an agreement on using artificial intelligence. It went nowhere

The Democratic National Committee was watching earlier this year as campaigns nationwide were experimenting with artificial intelligence. So the organization…

Waste Management to acquire Stericycle in $7.2 billion deal

Waste Management will buy Illinois-based waste-disposal company Stericycle in a deal valued at about $7.2 billion, the companies announced Monday.…

Tax fraud: DC settles Bitcoin billionaire Michael Saylor case for $40 million

Billionaire bitcoin investor Michael Saylor and the company he founded, MicroStrategy, will pay $40 million to settle a tax fraud…

Turkey’s inflation passes 75% in what economists believe is peak

Inflation in Turkey topped 75% in May, up from 69.8% in April, in what economists expect to be the peak…

Mexico elects Claudia Sheinbaum as the country’s first-ever female president

Mexico’s left-leaning climate scientist Claudia Sheinbaum has secured enough votes to become the Latin American country’s first-ever female president. The…

Bunq, the $1.8 billion European neobank, hopes to secure license for UK expansion this year

PARIS — Dutch digital bank Bunq is hoping it will manage to secure a banking license from U.K. financial regulators…

GameStop shares rise 21% — close well off highs — as ‘Roaring Kitty’ posts account with $116 million

Meme stock GameStop rallied again Monday on speculation that Keith Gill, the man who inspired 2021’s epic short squeeze, could…

‘No quid pro quo’ between Trump and oil execs at Mar-a-Lago, Gov. Burgum says

North Dakota Gov. Doug Burgum – a potential pick to be former President Donald Trump’s running mate – is denying…

OPEC+ wants concrete rate cuts before factoring impact on oil demand, Saudi energy minister says

The prominent OPEC+ oil producers’ alliance is awaiting concrete central bank action on interest rates before factoring in the potential…