
Apollo and Blackstone Complete $35 Billion Anthropic AI Infrastructure Financing Deal
Jun 06, 2026 02:12 am UTC| Business Technology
Apollo Global Management (NYSE: APO) and Blackstone (NYSE: BX) have completed a landmark $35 billion financing package for artificial intelligence company Anthropic, marking one of the largest private credit transactions...

Netflix Names Jay Hoag as Board Chairman Following Reed Hastings’ Departure
Jun 06, 2026 02:11 am UTC| Business
Netflix has officially appointed lead independent director Jay Hoag as chairman of its board of directors, marking a significant leadership transition for the streaming giant after co-founder Reed Hastings stepped down...

Apollo Ends Pursuit of Bodycote, Withdraws £1.52 Billion Takeover Proposal
Jun 05, 2026 07:12 am UTC| Business
Apollo Global Management has decided not to proceed with a formal takeover offer for UK-based thermal processing services provider Bodycote, bringing an end to discussions surrounding a potential 1.52 billion acquisition....

Airbus Aircraft Deliveries Surge in May 2026
Jun 05, 2026 07:02 am UTC| Business
Airbus reported a strong increase in aircraft deliveries for May 2026, highlighting continued demand for commercial jets and steady progress toward its annual production targets. According to the companys latest monthly...

US Officials Explore AI Company Equity Stakes Ahead of OpenAI and Anthropic IPO Plans
Jun 05, 2026 05:47 am UTC| Business Technology Politics
Senior U.S. government officials have reportedly held preliminary discussions with leading artificial intelligence companies regarding the possibility of the federal government acquiring equity stakes in their businesses....

Lululemon Cuts 2026 Outlook as Weak North America Sales Pressure Growth
Jun 05, 2026 05:01 am UTC| Business
Lululemon Athletica (NASDAQ: LULU) lowered its full-year fiscal 2026 guidance on Thursday after reporting mixed first-quarter results, causing the companys stock to fall more than 9% in after-hours trading. The revised...

Switch Eyes Multi-Billion-Dollar Funding Round at $50 Billion Valuation Ahead of Potential IPO
Jun 05, 2026 04:52 am UTC| Business Technology
Data center operator Switch is reportedly in discussions to raise billions of dollars in a new funding round that could value the company at more than $50 billion, according to a report from The Information. The potential...