Category: Finance Updte

The 20-month feud between the Western Hemisphere’s two most powerful oil companies over the biggest offshore discovery in a generation hinged on a single clause of a contract few people have ever seen. The passage in a confidential agreement signed more than a decade ago that governs how producers work together in Guyana’s booming oil […]

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CBS says its decision to end Stephen Colbert’s late-night comedy show is financial, not political. Yet even with the ample skepticism about that explanation, there’s no denying the economics were not working in Colbert’s favor. The network’s bombshell announcement late Thursday that the “Late Show” will end next May takes away President Donald Trump’s most prominent TV […]

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OpenAI’s newest product promises to make it easier for someone to automatically gather data, create spreadsheets, book travel, spin up slide decks—and, just maybe, build a biological weapon. ChatGPT Agent, a new agentic AI tool that can take action on a user’s behalf, is the first product OpenAI has classified as having a “high” capability […]

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At a time when Bitcoin broke the $120,000 mark for the first time, Wall Street’s appetite is growing for new ways to hold the first—and largest—cryptocurrency. The latest vehicle: publicly traded companies that hold Bitcoin in their treasuries. On the inaugural episode of Fortune’s vodcast Crypto Playbook, Jack Mallers—a prominent Bitcoin champion and the CEO […]