Penguin Random House-Simon & Schuster Deal Collapses, Breaking Pattern in Publishing

Penguin Random House-Simon & Schuster Deal Collapses, Breaking Pattern in Publishing

The deal to acquire Simon & Schuster would have made the buyer, Penguin Random House, even larger, and reduced the number of big publishers in the U.S. to four.
US Approves Aid to Extend Life of California Nuclear Plant

US Approves Aid to Extend Life of California Nuclear Plant

The Energy Department’s grant of $1.1 billion is the latest step that could keep the reactor in operation beyond its scheduled shutdown in 2025.
Can Big Tech Get Bigger? Microsoft Presses Governments to Say Yes.

Can Big Tech Get Bigger? Microsoft Presses Governments to Say Yes.

Microsoft’s $69 billion deal for Activision Blizzard, which is undergoing reviews in 16 countries, has become a test for whether tech giants can buy companies amid a backlash.
Inside Gary Gensler’s SEC Campaign to Rein In the Crypto Industry

Inside Gary Gensler’s SEC Campaign to Rein In the Crypto Industry

Gary Gensler, the chair of the S.E.C., is at the center of a reckoning over the future of cryptocurrency after the implosion of FTX.