Pentagon asks defence firms to accelerate weapons production

For helpful comments and discussions, we thank Liudmila Alekseeva, Mike Ewens, Minmo Gahng, Paul Gompers, Sabrina Howell, and seminar participants at Harvard Business School, the LBS Private Capital Symposium, and the WEFI Fellows Conference. We especially thank Kai Wen Cui for exceptional research assistance. For helpful research assistance, we further thank: Umidjon Abdunabiyev, Faith Adeola,…

Big tech companies and spending on artificial intelligence and its infrastructure have been one of the biggest stories in the stock market this year, ever since Amazon (AMZN -4.50%), Alphabet (GOOG -6.86%) (GOOGL -7.02%), Microsoft, and Meta Platforms disclosed plans to spend $700 billion on capital expenditures this year. Of that, Amazon was the biggest…

Logo of the German multinational insurance and financial services Allianz on top of its headquarters in the city of Madrid, Spain. Cristina Arias | Cover | Getty Images Allianz Group said on Friday it has agreed to acquire HSBC’s Singapore life insurance unit for 2.7 billion Singapore dollars ($2.09 billion), expanding the company’s footprint in…

en English Economics Jul 10, 2026 Gene Frieda Unlike recent energy crises, today’s geopolitical shock is destroying supply rather than rerouting it, exposing the limits of the standard policy toolkit. Governments can mitigate its impact on those most exposed, but only…

NBCUniversal’s Peacock is officially landing on YouTube. All of the streaming service’s content — including NBC Sports’ portfolio of the NFL and NBA, Universal films like the Minions franchise, and original Peacock and Bravo content like the Real Housewives franchise and “Love Island USA” — will be included in YouTube Premium subscriptions in the U.S….