Business - The Oz Post

BP Backs Blanc to Lead Chair Search Despite Investor Doubts

BP Backs Blanc for Chair Search Despite Investor Concerns

BP has reaffirmed support for Amanda Blanc to lead the search for a new chair after Albert Manifold's abrupt departure, despite shareholder concerns over her role in the process.

11:44

Democrats Slam Trump Plan to Allow Crypto in 401(k) Retirement Accounts

Dems Oppose Crypto in 401(k) Plans Citing Risk

Congressional Democrats oppose a Trump administration proposal to allow 401(k) investments in crypto, private credit, and private equity, warning it exposes workers to extreme volatility and higher fees.

12:00

Alphabet Plans Record $80bn Equity Raise for AI Infrastructure

Alphabet Plans $80bn Equity Raise for AI Infrastructure

Alphabet announces plans to raise up to $80bn in equity, partly to fund AI infrastructure, in one of the largest equity raisings ever. The move includes a $10bn share sale to Berkshire Hathaway.

11:57

Alphabet Raises $80bn in Stock to Fund AI Infrastructure Spending

Alphabet Raises $80bn in Stock for AI Spending

Alphabet plans to raise up to $80bn in equity to fund AI infrastructure, including a $10bn share sale to Berkshire Hathaway. The move highlights the massive capital demands of the AI boom.

11:37