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By Don Chmielewski (Reuters) - Comcast Inc. is moving forward with plans to spin off its NBC Universal cable TV networks including MSNBC and CNBC, sources say, shedding a key part of the business that has been a victim of the live video…

Written by Jaspreet Kalra and Nimesh Vora MUMBAI (Reuters) - India's central bank has asked government and private lenders to refrain from betting heavily against the rupee in a bid to support the currency that has been hovering near…

(Reuters) - Activist investor Starboard Value has taken a stake worth about $1 billion Pfizer (NYSE:) wants the US pharmaceutical giant to make changes to turn around its performance, sources familiar with the matter said on…

By Julie Chu, Amy Jo Crowley, and Hadeel Al-Sayegh HONG KONG/LONDON (Reuters) - Sheen is set to hold informal investor meetings in the coming weeks on its planned London initial public offering (IPO), pushing ahead with preparations while…

By Anirban Sen NEW YORK (Reuters) - CVS Health is exploring options that could include breaking up the company to separate its retail and insurance units, as the struggling health care services company looks to turn around its fortunes…

Written by Milana Finn and David French (Reuters) - Buyout firm TPG has emerged as the front-runner to take a $2 billion minority stake in Creative Planning, in a deal that could value the wealth management company at more than $15…

Written by Crystal Ho and Kenrick Kay SAN FRANCISCO (Reuters) - ChatGPT maker OpenAI is working on a plan to restructure its core business into a for-profit company that would not be controlled by its nonprofit board, people familiar with…

WASHINGTON (Reuters) - The U.S. Commerce Department is expected to propose on Monday banning the use of Chinese software and hardware in connected and autonomous vehicles on U.S. roads over national security concerns, sources told Reuters.…

By Jonathan Landy, Phil Stewart, and Anthony Deutsch WASHINGTON (Reuters) - Iran has not installed mobile launchers with the short-range ballistic missiles that Washington accused Tehran last week of supplying to Russia for use against…

Written by Crystal Ho and Kenrick Kay OpenAI’s new funding round is expected to come in the form of convertible notes, according to people familiar with the matter, who said its $150 billion valuation will depend on whether the ChatGPT…