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Lenovo Falls Nearly 10% as the Memory Crunch Comes for the Price of the PC

HONG KONG, June 10 -- The world's largest PC maker lost roughly a tenth of its market value in a single session on Wednesday, and the reason fits in a slot the width of a finger: the chips that rememb... Read More


Starbucks Eyes a Stake Sale or IPO for Japan, Its Next Retreat From Owning Asia

TOKYO, June 10 -- Japan is where Starbucks proved, beginning three decades ago, that it could run its own stores on foreign soil better than any franchisee. It is now asking investment banks what that... Read More


OpenAI Wants 10 Gigawatts on Federal Land in Ohio, With Nvidia Helping to Pay

WASHINGTON, June 10 -- Ten gigawatts is the electrical output of roughly ten nuclear reactors. OpenAI wants to draw it at a single campus built on the federal government's land, with the bill partly u... Read More


Novo and Lilly's Pill War Has Three Weeks Before Medicare Turns On the $50 Spigot

NEW YORK, June 10 -- For an American on Medicare, the price of a weight-loss drug falls to fifty dollars a month on the first of July, no matter the dose. The two companies that make those drugs have ... Read More


Hard Rock Casino Plan for Somers, Wisconsin Advances as Federal Review Nears Final Decision

KENOSHA, June 10 -- The federal clock is running on a $400 million casino resort that could reshape one of the few underdeveloped commercial corridors between Chicago and Milwaukee - but the Menominee... Read More


Apollo, Blackstone Close $35 Billion Chip Debt for Anthropic, Broadcom Holds the Risk

NEW YORK, June 10 -- The next generation of Claude will run on chips that Anthropic does not own, in data centers financed by debt the company could not have raised on its own name. That, more than th... Read More


Atlantic City Casino Workers Win One-Year Deals as New York Looms Over Labor Talks

New Delhi, June 10 -- The woman who cleans your hotel room at the Hard Rock does not yet know what her contract will say in twelve months. That uncertainty, shared by roughly 10,000 casino workers acr... Read More


Botswana Built Its Fortune on Diamonds. Now the Mines Are Cutting Workers Loose.

GABORONE, June 10 -- Motshwegwa Rakhudu spent fourteen years installing equipment in the diamond mines that made his country rich, on the kind of rolling contract that everyone treated as permanent. H... Read More


SoftBank's OpenAI Loan Collapse and Iran Strikes Send Asia Markets Into a Four-Front Retreat

TOKYO, June 10 -- SoftBank Group Corp. was supposed to be proof that betting everything on artificial intelligence was a strategy, not a gamble. On Wednesday, the market decided to argue. Shares of t... Read More


Indonesia Seizes Control of Its Commodity Exports as Buyers Scramble

JAKARTA, June 10 -- The next electric-car battery, bag of cooking oil or tonne of power-station coal may now pass through a single office in Jakarta before it reaches the world. Indonesia has begun fo... Read More