Lauren Hirsch

Mayor Zohran Mamdani, a democratic socialist who has struggled to win over Wall Street, intends to use the council to help him invigorate New York City’s economy.

The offering could value the five-year-old A.I. start-up at $2 trillion, its bankers have told potential investors, which would exceed Elon Musk’s SpaceX.

Paramount’s $111 billion deal to acquire Warner Bros. Discovery has been postponed until the conclusion of a trial, scheduled for March.

The mayor’s attempt to create a business advisory council has been hampered by some concern that joining the council may be perceived as an endorsement of Mr. Mamdani.

The brother of Jared Kushner is an influential venture capitalist with big bets on A.I. and health insurance.

Mr. Ellison told Paramount executives that he was considering pulling the company out of California amid a lawsuit brought by state attorneys general.

Companies are seizing on what many say is perhaps the most favorable regulatory environment for businesses in years.

A flurry of negotiations last week cleared the way for an antitrust court battle with states that could determine the fate of the two iconic media giants.

The company agreed to a proposed freeze until June 2027, unless a judge issues a ruling before then on a lawsuit blocking the deal.

After soaring in its stock market debut, the shares of Elon Musk’s rocket and A.I. company have been rocky.

The lawsuit, filed by California and 11 other states, argues that the deal would harm movie theaters and damage America’s entertainment industry.

State attorneys general are said to be getting ready to file a lawsuit as soon as this week to halt the $111 billion deal, a potential major obstacle.

This year’s boom represents the most spent on global deal-making in a six-month period in a decade. But questions persist about whether it can continue.

Almost as soon as the two companies announced a split, analysts rushed to consider potential merger and acquisition targets for each.

Though the high court affirmed the political independence of the Federal Reserve, it gave the presidency huge control over dozens of federal regulators.

The $111 billion deal would unite two major movie studios and put CNN under the same roof as CBS News.

SpaceX will not raise money from investors in China and Hong Kong. Others firms, like OpenAI, may follow suit.

In the race to dominate the artificial intelligence industry, companies like SpaceX and Alphabet are borrowing cash and raising equity from investors at the fastest pace in decades.

Wall Street is giving its richest clients velvet rope access to this week’s public listing of SpaceX, reflecting the growing importance of the wealth management business.