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Walgreens stock climbs on Sycamore Partners deal report

People walk by a Walgreens on November 3, 2024 in Brookline, Massachusetts. Danielle DeVries | CNBC Shares of Walgreens jumped about 20% on Tuesday on a report that the company is in talks to sell itself to private equity firm Sycamore Partners.  Walgreens and Sycamore have been discussing a deal that could be completed early…

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Lithium pivotal to Europe’s massive trade deal with South America

Aerial view of brine ponds and processing areas of the lithium mine of the Chilean company SQM (Sociedad Quimica Minera) in the Atacama Desert, Calama, Chile, on September 12, 2022. Martin Bernetti | Afp | Getty Images The strategic importance of lithium is likely to have played a major role in the European Union’s blockbuster…

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OpenAI releases Sora, its buzzy AI video-generation tool

OpenAI said Monday it’s releasing its buzzy AI video-generation tool, Sora, later in the day. The AI video-generation model works similarly to OpenAI’s image-generation AI tool, DALL-E: A user types out a desired scene, and Sora will return a high-definition video clip. Sora can also generate video clips inspired by still images and extend existing…

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Qatar energy minister on Trump’s bid to lift LNG exports cap

Qatar’s Energy Minister and CEO of QatarEnergy Saad Sherida Al Kaabi speaks at a press conference in Doha on Sept. 1, 2024. Karim Jaafar | Afp | Getty Images Qatar’s energy minister said he isn’t too concerned about U.S. President-elect Donald Trump’s pledge to lift the cap on liquefied natural gas exports. “Additional gas is…

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Trump is stacking his White House roster with uber-rich backers

U.S. President-elect Donald Trump greets Elon Musk before attending a viewing of the launch of the sixth test flight of the SpaceX Starship rocket, in Brownsville, Texas, U.S., November 19, 2024.  Brandon Bell | Via Reuters Donald Trump‘s first administration was chock full of super-rich figures whose combined wealth exceeded $5 billion, marking an unprecedented…

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