Wednesday, October 7, 2026
14 stories
The Supreme Court is hearing arguments over whether oil companies can shut down climate lawsuits brought by local governments. The justices are debating whether local governments can sue energy giants for harms linked to climate change.
David Ellison's megadeal combining Paramount and Warner Bros. has closed, ushering in a new era for Hollywood. The Journal describes the closing as the result of a high-stakes gambit.
Google and Constellation Energy have struck a sweeping nuclear-power deal. It is described as the largest-ever "uprate" project — squeezing more power out of existing reactors — between a nuclear-power provider and a tech company.
AI-computing startup Lambda is raising $4 billion in what is described as its final round before a planned IPO. The Nvidia-backed company is targeting an IPO in 2027.
A month after its Millennium Prize solution drew wide attention, OpenAI has released findings on more than 300 additional math problems. The release is also an attempt to win back the world of math.
Oil prices rose as traders weighed fresh Houthi attacks in Saudi Arabia and storm-related production shut-ins in the U.S. Gulf. Those supply risks are being set against recovering crude supplies from the Middle East.
Yemen's Houthi rebels have struck two airports in Saudi Arabia. The attacks follow a new counteroffensive by Saudi-backed forces seeking to push the rebels back from the Red Sea coast.
C.H. Robinson Worldwide has agreed to buy truck broker RXO for around $5.8 billion in cash and stock. The deal would create a logistics company with an enterprise value topping $25 billion.
CD&R and McKesson have agreed to acquire at-home infusion therapy provider Option Care Health for $5.8 billion. Under the agreement, CD&R will hold a majority interest of about 51%, while McKesson will hold about 49%.
Uber is expanding Uber Eats with a $2.3 billion acquisition of catering platform ezCater. The deal gives Uber Eats access to ezCater's network of more than 140,000 restaurants in the U.S., which generate over $2.5 billion in annual gross bookings.
The venture firm behind chip startup Groq is targeting a $10 billion megafund. Winning bets on hot AI startups are vaulting the little-known Dallas firm into a small group of firms raising gigantic funds.
Tennessee death row inmate Christa Pike is conscious and speaking after a botched execution. She received two doses of a lethal drug but survived.
An American has been charged with aiding a Canadian school shooter. Federal prosecutors said a Washington resident helped Jesse Van Rootselaar plan the February shooting that killed eight people.
Wall Street bonuses are expected to hit another high this year. New York reports that the industry is now on pace for $90 billion in profits this year, leading to higher compensation.