Business Update

Private equity firms like Blackstone are using their clients’ money to buy and build data centers to fuel the artificial intelligence boom. Source link

A new study found that courts in the state, where many big companies reside, often cleared big payouts to lawyers. It may further embolden the state’s critics. Source link

Steve Stoute’s role at the intersection of business and popular culture has made him a lot of high-powered friends. Source link

When the Trump administration slashed a successful food aid program, Austin Flamm set out to put politics aside. “Everybody needs a meal,’’ he said. Source link

The film was originally aimed for Disney+. But it was rerouted to a theatrical release and is on pace for at least $950 million in ticket sales. Source link

The president is set to raise tariffs on steel and aluminum this week, even as the courts are challenging the legitimacy of other levies. Source link

In response to President Trump’s claim, China said the United States was the one introducing a series of “discriminatory restrictive measures.” Source link

The United States allowed its rare earth metals industry to move to China and could now face severe economic disruption as China limits crucial supplies. Source link

Mondelez International, a corporate giant behind the name-brand versions of many snacks, contends that Aldi is mimicking its packaging to dupe customers. Source link

He was the No. 2 at the Federal Reserve and the I.M.F. during periods of economic turmoil, and he mentored future economic leaders, like Ben Bernanke. Source link