Anthropic PBC’s landmark initial public offering is laying bare the stark extremes of the AI boom business model: astonishing growth but deep uncertainty about unpredictable demand and the massive spending required to continue building the resource-intensive technology.

Artificial intelligence startup Anthropic unveils its first public IPO filing ahead of what is expected to be one of the largest stock debuts in history.

AI-linked stocks rose on Monday after Anthropic revealed the paperwork for its initial public offering, against the backdrop of growing investor unease ​over debt-fueled spending on infrastructure for the new technology.

NEW YORK >> U.S. stocks closed higher today, with the S&P 500 and Nasdaq coming off consecutive weekly declines, as Anthropic’s IPO filing helped boost sentiment in AI-related stocks in a week filled with a host of market catalysts.

The FTC and 20 states allege Dollar General overcharged shoppers by charging more at checkout than advertised prices.

The US Federal Trade Commission and 20 states sued Dollar General Corp. on Monday, alleging the discount retailer routinely charged customers more than the prices displayed on shelves or in advertisements.

Nebraska and Iowa have joined 18 other states in suing Dollar General, alleging the retailer charged customers more at checkout than advertised.

The Federal Trade Commission and 20 states have filed a lawsuit against Dollar General, claiming the retailer has charged customers more than advertised prices.

Anthropic filed for an initial public offering Monday in what could become one of the largest stock market debuts in history — detailing its surging business growth, along with a vast multitude of warnings about how it could all go wrong.

The Anthropic IPO filing warns of ‘heightened scrutiny, political backlash, or disproportionate regulatory action’ over its AI safety stance.

Founded in 2021 by former OpenAI researchers including siblings Dario and Daniela Amodei, Anthropic is the startup behind the Claude family of AI models. Across four tiers - Fable

Anthropic’s adjusted net profits for the first half of 2026 were $2.7 billion, a $4.4 billion improvement from the first half of 2025.

FedEx has hired Jamere Jackson as the package-delivery giant’s new chief financial officer, plucking the executive from auto-parts retailer AutoZone.

FedEx Corp. FDX announced Monday that Jamere Jackson will become executive vice president and chief financial officer, effective Nov. 30. He succeeds Claude Russ, who has served as interim CFO since June 1. Finance and Operations Experience Jackson joins FedEx from AutoZone, Inc. AZO, where he has served as CFO since January 2021 and most recently led finance and store development. His experience spans financial management, capital allocation...

FedEx and AutoZone are two of Memphis' three Fortune 500 companies. Jackson joins FedEx as its third CFO since 2020.

FedEx (FDX.N), opens new tab on Monday appointed Jamere ​Jackson as chief financial ​officer, effective November 30. Jackson will ⁠step down as ​CFO of AutoZone (AZO.N), opens new tab on November 25.

Skydance is offering a one-time voluntary buyout offer to certain employees, as Paramount and Warner Bros. Discovery merge operations.

Skydance Corp. is offering voluntary buyouts to some employees while requiring workers to return to office five days a week, CNBC reported Monday. Nearly three weeks after completing its $111 billion acquisition of Warner Bros.

"As we bring our teams together, we recognize that not everyone will see their future here, and we respect that," Skydance CEO David Ellison and co-CEO Ynon Kreiz said in the memo. The communication also said employees who qualify for the buyout program would be notified of the terms and given a window to decide whether to accept the one-time offer.

Skydance CEO David Ellison and co-CEO Ynon Kreiz are implementing a five-day RTO policy. Read the memo to employees.

Saudi Arabia plans to store crude oil at Singapore's Jurong Rock Caverns from the second half of 2027 to strengthen ​supply security in the region, energy ministers from both countries said on ‌Monday.

Singapore will store Saudi Arabian oil in caverns in the city-state from the second half of next year, part of a plan by the kingdom to cope with disruptions from the US-Iran war.

Saudi Arabia plans to store crude oil in Singapore’s Jurong Rock Caverns starting in the second half of 2027, bringing supplies closer to Asian markets after the Iran war disrupted shipments through the Strait of Hormuz.

SINGAPORE — Saudi Arabia and Singapore's energy ministries announced on Monday their joint intention to establish a crude oil storage arrangement in Singapore, aimed at strengthening energy security and supply chain resilience. To mark the announcement, Singapore’s Energy Market Authority (EMA) and JTC Corporation exchanged a Memorandum of Understanding (MoU) with Saudi Aramco during Singapore International Energy Week (SIEW). Under the proposed...