Core Scientific Inc. shareholders rejected a takeover bid by CoreWeave Inc. that proxy advisers said undervalued the data center company, ending a contentious monthslong saga.

A prosecutor said more people will plead guilty over the 2020 collapse of Prophecy Asset Management, which the US says cost investors $294 million.

American International Group Inc. agreed to buy stakes in specialty insurer Convex Group and alternative asset manager Onex Corp. in transactions that total more than $2.7 billion.

Nigerian financial-technology firm Flutterwave Inc. plans to allow payments on its platform using stablecoins – digital tokens pegged to the dollar — as businesses seek to bypass traditional providers that are slower and more expensive.

Adrienne Harris joined Sullivan & Cromwell as of counsel and policy adviser in its New York office, the firm announced Thursday.

Wall Street pumped the brakes on a furious stock rally after the Federal Reserve tempered expectations for a December rate cut and Meta Platforms Inc. tumbled 11% as the giant is taking on debt to fund its artificial-intelligence push.

Facebook and Instagram parent Meta Platforms Inc. said it is no longer facing potential penalties from the Consumer Financial Protection Bureau over advertising for financial services on its platforms.

Core Scientific Inc. shareholders rejected a takeover bid by CoreWeave Inc. that proxy advisers said undervalued the data center company, ending a contentious monthslong saga.

Societe Generale SA Chief Executive Officer Slawomir Krupa said the boom in private credit can lead to bad choices, but those won’t spiral into a threat for the wider industry.

Crocs Inc. dropped Thursday after the company warned that US consumers were increasingly cautious despite reporting better than expected earnings.

A prosecutor said more people will plead guilty over the 2020 collapse of Prophecy Asset Management, which the US says cost investors $294 million.

A Loews Corp. insurance unit is on the hook for BetterHelp Inc.'s legal defense costs in a proposed class action alleging the online counseling service disclosed consumer health information to third parties without consent.

Facebook and Instagram parent Meta Platforms Inc. said it is no longer facing potential penalties from the Consumer Financial Protection Bureau over advertising for financial services on its platforms.

A Loews Corp. insurance unit is on the hook for BetterHelp Inc.'s legal defense costs in a proposed class action alleging the online counseling service disclosed consumer health information to third parties without consent.

Mark Zuckerberg warned that Meta Platforms Inc. will need to spend even more aggressively on artificial intelligence in the year ahead, reigniting concerns from investors who sent its shares plunging on concerns that the massive investments won’t pay off.

Character.AI’s announcement that it will ban users under 18 from conversing with chatbots is generating questions about the company’s planned age verification process and potentially broader chatbot harms, even as child safety advocates praised the move.

Florida Attorney General James Uthmeier (R) is pushing to be one of the nation’s most aggressive GOP top cops. And he’s leaning on outside counsel, including a firm founded by a Democratic megadonor, to launch suits against tech giants and corporate titans.

Criminal case specialists who aid judiciary-funded defense lawyers are cutting costs and refusing assignments after four months of working without pay, prompting lawyers to request case delays.

The former shareholder of a pharmaceutical business owes additional tax on a portion of its $191 million settlement payout following a squeeze-out merger, after the Third Circuit determined Thursday that the shareholder couldn’t convert what was ordinary income into capital gains.

A civilian shipyard worker in Washington may proceed with some of his age discrimination claims against the US Navy, a federal court said.

Character.AI’s announcement that it will ban users under 18 from conversing with chatbots is generating questions about the company’s planned age verification process and potentially broader chatbot harms, even as child safety advocates praised the move.

Legal AI startup Harvey’s valuation has jumped by billions this year, a supercharged growth rate rare even in a climate of surging demand for artificial intelligence tools.

Florida Attorney General James Uthmeier (R) is pushing to be one of the nation’s most aggressive GOP top cops. And he’s leaning on outside counsel, including a firm founded by a Democratic megadonor, to launch suits against tech giants and corporate titans.

Criminal case specialists who aid judiciary-funded defense lawyers are cutting costs and refusing assignments after four months of working without pay, prompting lawyers to request case delays.