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The Numbers, and Questions, Behind Musk’s Mega-Merger

The combination of SpaceX and xAI will create a rocket-and-A.I. giant. But investors and experts have concerns about the consequences of the deal.

The Major Business Names in the Epstein Files

Documents referencing prominent executives like Elon Musk, Howard Lutnick and Bill Gates underscored the wide web of boldfaced names tied to Jeffrey Epstein.

Stephen Ross and Ken Griffin Think Florida Is the Future for Business

Stephen Ross, the real estate developer, and Ken Griffin, the billionaire financier, are trying to attract businesses to their new base, South Florida.

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The Latest Way to Create an Isolated Retreat: Buy a Whole Village

Wealthy buyers and tourism entrepreneurs are acquiring abandoned European villages — school, church and bar included.

Will Kevin Warsh Do What Trump Wants?

Some investors are worried that President Trump’s nominee to run the Federal Reserve may not be a guaranteed “yes” on cutting interest rates.

OpenAI in Talks to Raise as Much as $100 Billion

OpenAI’s discussions with Microsoft, Nvidia, Middle Eastern sovereign wealth funds and others could value it at $750 billion or more.

The A.I. Boom’s Uncertain Payoff

Companies like Microsoft and Meta are still spending big on artificial intelligence. But investors remain antsy about seeing results.

Russia’s Lukoil in Talks to Sell Some Assets to U.S. Investment Firm

The deal with Carlyle comes after the United States and the European Union imposed sanctions on Lukoil, putting a dent in the Kremlin’s oil revenue.

Five Questions for Jerome Powell, the Fed Chair

Succession drama, legal intrigue and political independence: These are top issues that DealBook would ask of the Federal Reserve chairman.

Clay, an A.I. Sales Start-Up, Lets Employees Cash Out. Again.

The company is part of a newer generation of software upstarts holding multiple tender offers where workers can sell stock before going public.

Meta Campaigns to Change Opinions on Data Centers

The tech giant has spent more than $6 million on TV ads in state capitals and Washington, with the message that data centers create jobs.

OpenAI’s Altman and More C.E.O.s Weigh In on Minnesota

The tech C.E.O. is the latest business leader to speak out about the immigration crackdown and the fatal shooting of two U.S. citizens.

Business Leaders Face a Test in Minneapolis

Some companies have begun to respond to the fatal shooting of Alex Jeffrey Pretti and the immigration crackdown. But others have stayed silent.

Gold Soars Beyond $5,000 as Global Tensions Grow

The price of gold surged as investors sought shelter from geopolitical uncertainty.

Elon Musk’s X Faces EU Inquiry Over Sexualized AI Images Generated by Grok

Regulators said the company’s lack of controls had led to the widespread use of deepfakes created with the chatbot Grok.

As Europe’s Reliance on U.S. Natural Gas Grows, So Does Trump’s Leverage

Tension over Greenland has prompted worries that the Trump administration could turn the U.S. oil and gas industry into a way to pressure Europe.

Interest in Law School Is Surging. A.I. Makes the Payoff Less Certain.

The number of applicants has risen more than 40 percent over the last two years, despite new limits on student loans and uncertainty over how artificial intelligence will affect legal work.

The Message Behind Trump’s Lawsuit Against JPMorgan

The president’s legal efforts against the Wall Street giant and Jamie Dimon, its chief executive, have put Corporate America on edge.

The Drama at Thinking Machines, a New A.I. Start-Up, Is Riveting Silicon Valley

Defections, secret conversations, deal talks that fizzled and a battle for control: The turmoil at Thinking Machines Lab is the artificial intelligence industry’s latest drama.