Apple Inc. sued OpenAI for trade secret theft, accusing the artificial intelligence startup and its hardware chief of engaging in a coordinated campaign to steal information about upcoming products.

Elliott Investment Management has built a large stake in car-insurance software provider CCC Intelligent Solutions Holdings Inc., which has been exploring a potential sale, according to people familiar with the matter.

South Korean memory chipmaker SK Hynix Inc. just pulled off the largest public listing by a foreign company in US market history. Shares soared 13% on their first day of trading.

The Trump administration plans to ease export restrictions on the United Arab Emirates, clearing the way for the Gulf state to buy a broad range of advanced technologies including semiconductors needed to boost its artificial intelligence ambitions.

MGM Resorts International is engaged in deal talks with Barry Diller’s People Inc. after the entertainment mogul offered to acquire the part of the casino company he doesn’t already own, the Wall Street Journal reported.

Nora Wittstruck, Chief Analytical Officer for Governments at S&P Global, joined Romaine Bostick and Katie Greifeld on Bloomberg's 'The Close' to provide insights on FIFA's financial position during the 2026 World Cup. She highlights how FIFA has emerged financially stronger despite facing numerous controversies during the tournament. (Source: Bloomberg)

Chad Mumm, Co-Founder of Pro Shop and Producer of the Netflix series 'Full Swing,' talks about the world's number-one ranked golfer, Scottie Scheffler, missing the cut at the Scottish Open. He also discusses golf's surge in popularity and the anticipation for the upcoming season of 'Full Swing.' Mumm joins Romaine Bostick and Katie Greifeld on Bloomberg's 'The Close.' (Source: Bloomberg)

Gary Gensler, Former SEC Chair and professor at MIT Sloan School of Management, joins Romaine Bostick and Katie Greifeld on Bloomberg's 'The Close' and discusses the significant return of IPO activity including SK Hynix, which raised $26.5 billion in the largest foreign debut in the US, Google's $85 billion capital raise and SpaceX going public. He says these big deals are a sign of 'high-valuation market.' (Source: Bloomberg)

Bloomberg Money takes the pulse of your financial life, powered by the reporting of our global newsroom. Today's guests are: University of Chicago Booth School Professor of Economics and Former Fed Governor Randall Kroszner and NewEdge Wealth CIO Cameron Dawson. (Source: Bloomberg)

Phia, an advertising startup co-founded by Phoebe Gates, daughter of billionaire Microsoft Corp. co-founder Bill Gates, bills itself as a “personal shopping assistant” that helps users find the lowest prices on a broad range of clothes and fashion accessories.