The Chips Act is supposed to supercharge U.S. chip making, but the program’s early stages have been challenged by rivals overseas as well as the sheer expense of manufacturing chips.
Databricks is acquiring Tabular, a data-management startup that helps companies use a variety of open-source data formats, as the company looks to win artificial intelligence customers by making it easier for them to use their own data with AI.
Sparse IPOs and lackluster trading volume pushed asset managers to concentrate more fees at their largest three brokers and shift more flow toward high-touch sales traders to pay for research, corporate access, conferences and market data services.
A major and rapidly unfolding change to the Chevron doctrine is poised to hobble US administrative agencies, creating opportunities for businesses and industries that will operate in a transformed regulatory landscape.
