Microsoft CEO Satya Nadella's pay dropped in the company’s most recent fiscal year — all the way down to $90.6 million.

It marks a nearly $6 million slide in total compensation from a year earlier for Nadella, according to an Oct. 21 regulatory filing. But it’s still up from the cool $79.1 million he made the year before that.

The drop ...Read more

Anthropic, the big artificial intelligence lab, wants everyone to understand that it's deeply devoted to developing advanced AI "for the benefit of humanity."

We know this because it has placed this principle front-and-center in the preliminary prospectus for its upcoming initial public stock offering, which was made public on Monday. It's what...Read more

General Motors Co. will produce hybrids at its Lansing Delta Township Assembly plant near Michigan's capital, as it seeks to catch up in an electrified vehicle segment that has enjoyed strong growth this year amid rising gas prices.

The automaker declined to provide details on timing and models to be made at the plant, which now produces the ...Read more

The maker of Chrysler, Jeep, Dodge and Ram returned to the red in the third quarter, reporting a net loss of more than $500 million (453 million euro) from special charges.

Despite the loss as the company incurred $111 million (0.1 billion euro) in cash outflows related to second-half of 2025 charges, the transatlantic automaker said the ...Read more

Justin Stoneman has been in the trucking industry for 27 years, operating out of central Michigan’s agricultural heartland. Hauling grain and fertilizer around the Midwest, his 12-odd tractor trailers generated more than $3 million in annual revenue during their best times.

Those days are over. In the past year, Stoneman’s business has been...Read more

The Trump administration is offering as much as $5 billion in financing to Constellation Energy Corp. to upgrade and modernize the nuclear operator’s fleet of reactors in Illinois, Maryland, and Pennsylvania.

The projects backed by the conditional loan commitment are expected to add nearly 1.1 gigawatts of electricity and help strengthen the ...Read more

SK Hynix Inc. unveiled plans to return about $45 billion more to shareholders after profit surged a stronger-than-expected seven-fold, reflecting the resilience of an AI infrastructure rollout that’s propelling memory chip demand.

The world’s second-biggest memory chipmaker reaffirmed it expects shortages of components crucial to Nvidia ...Read more

Maryland Attorney General Anthony Brown announced Tuesday that the state reached a $600,000 settlement with Bridge It, Inc. (Brigit), a financial technology company that offers earned wage access, over allegations that it misled consumers and engaged in unlicensed lending.

“Marylanders living paycheck to paycheck cannot afford surprise ...Read more

DoorDash, the popular service that delivers meals and retail items to customers’ doors, is in talks to acquire grocery delivery platform Instacart, according to a report from the Wall Street Journal.

The rival companies compete with several other online delivery services, including Amazon, Walmart, Postmates and Uber. Instacart, however, ...Read more

Here's a rule of thumb when you're pondering who would be a major beneficiary of any idea floated by Elon Musk about the future of his multiple companies: If you don't place Musk at the top of the list, you might want to reconsider your math.

That issue arose, and not for the first time, when Musk in effect blessed the idea of merging Tesla and...Read more

Anthropic, creator of the Claude artificial intelligence model, filed its long-awaited paperwork for a historic public offering that could shape the future of the AI boom.

The company's filing Monday revealed that it will trade under the symbol "ANT" on the Nasdaq Global Select Market. Although its expected valuation of $1.5 and $2 trillion ...Read more

Boeing rolled the first 737 Max 10 out of its Everett, Washington, factory Monday, marking a milestone for the newly certified aircraft program and the newly opened North Line.

The North Line, which adds a fourth Max production line to the three already operating in Renton, opened in July. The grand opening was nearly two years behind schedule ...Read more

Boeing lost $116 million in the third quarter this year, as it celebrated certification milestones for two new Max variants but slowed its progress on increasing monthly Max production.

Boeing is working to increase its monthly Max production rates from 42 planes per month to 47 but expects that stabilization period" will last into early next ...Read more

Anthropic PBC’s initial public offering is laying bare the stark extremes of the multi-trillion-dollar AI boom business model: astonishing growth paired with uncertainty about demand and the spending required to continue developing the technology. The startup, which publicly filed IPO paperwork on Monday, is poised to be the first major U.S. ...Read more

From South Korea to Japan and China, the world’s biggest memory chipmakers will this week seek to quell fears that AI spending is outpacing future demand. How they handle back-to-back earnings disclosures and investors’ questions will help determine the trajectory for markets and shed light on the broader outlook for the artificial ...Read more

Skydance Corp. is offering some employees a one-time voluntary buyout, a move that comes nearly three weeks after Paramount Skydance closed its $111 billion acquisition of Warner Bros. Discovery.

The David Ellison-led entertainment giant, which took the Skydance name when the deal closed Oct. 6, sent a memo Monday to employees, noting that the ...Read more

Companies with ties to President Donald Trump and his family are staffing up with lawyers and lobbyists, as Democrats threaten sweeping probes if they flip either chamber of Congress in the midterm elections.

With polls and prediction markets favoring a change in power, firms with connections to the Trumps — from cryptocurrency businesses, to...Read more

The average price Americans are paying for gasoline under President Donald Trump has overtaken the average during the Biden administration, underscoring the political pressure on Republicans ahead of the midterm elections.

Trump had pledged to lower gasoline prices to below $2 a gallon, but almost two years into his presidency the fuel’s ...Read more

In a deal that would combine the first company to pioneer the Marcellus Shale and the one that turned it into an industrial operation, EQT Corp. announced it intends to buy Range Resources Corp. in an all-stock deal that would value the combined company at $50 billion.

The two Appalachian operators announced their boards of directors ...Read more