Stock-picking, multi-manager hedge funds attract more capital from investors in 2026, BofA says

(Corrects paragraph 6 to clarify that investors are looking to allocate more capital towards existing hedge funds, not new funds)

Syngenta files for Hong Kong IPO, aiming to raise at least $5 billion, sources say

Swiss seeds and agrichemicals company Syngenta Group has confidentially filed for a Hong Kong initial public offering, aiming to raise at least $5 billion, ​according to three people with direct knowledge of the matter.

Experts urge FDA to set clear safety and access standards for psychedelic drugs

Doctors, veterans, pharmacists and therapists on Monday urged the U.S. Food and Drug Administration to establish ​clear safety and access standards for psychedelic therapies during a four-hour public meeting convened by the agency amid efforts to speed up their development.

Meta announces data center expansion, new community investments in Eagle Mountain

Meta has announced a massive expansion of its data center in Eagle Mountain, and the city said it fully supports the plan.

Utah governor calls on Congress to create 'framework' for AI safety

Gov. Spencer Cox called on Congress to establish guardrails for developing advanced artificial intelligence models Monday

Utah offers farmers an 'unprecedented' loan relief amid challenging year

2026 has been a challenging year for many farmers and ranchers across the state, which inspired an adjustment for those with existing state loans.

Waymo to bring autonomous ride-hailing to Las Vegas

Alphabet's self-driving unit Waymo said on Monday it will ​offer rides to the general public in Las Vegas, marking its first foray into ‌Nevada, as it expands its robotaxi service in more U.S. states.

Costco raises price for Kirkland motor oil, sets purchase limit

Costco has raised the price of motor oil sold under its exclusive private-label brand as well as limited how much of it customers can buy weekly as oil prices climb yet again.

Trump says US has tools to keep AI safe, concerns are part of 'sick conspiracy'

President Donald Trump said on Monday that the U.S. already ​has guardrails in place to regulate and prosecute AI companies, appearing to play down concerns expressed by industry leaders ‌over the weekend about misuse of artificial intelligence.

ASML examining ways it can make more than 110 EUV tools in 2028, JPMorgan says

ASML is looking at ways to ​produce more than 110 of its EUV chip-printing tools in 2028 to meet AI-driven ‌demand, JPMorgan analysts said on Monday after meeting the ⁠firm's CFO. ASML ​has said it is ⁠nearly sold out of the machines ‌for 2027 and ‌can make at least 80, while targeting ⁠a 30% increase ⁠in 2028.

Novo Nordisk rebrands as 'Novo', announces cultural reset

Sept 14 - Novo Nordisk is changing its day-to-day name ​to 'Novo', and taking a new approach to company culture as it looks to claw ‌back ground in the fierce obesity drug race, the ⁠Danish drugmaker said on ​Monday.

They created Siri before Apple bought it. They're still waiting for their original vision to come true

Dag Kittlaus and Adam Cheyer, known for creating an assistant that's now found in billions of Apple devices, have been thinking about what comes after the search engine for a long time.

Dell's DFO Management and Sequence to take Baldwin private in $7.7 billion deal

Dell chief Michael Dell's DFO Management, along ​with Sequence Holdings, will take Baldwin Group private in a $7.7 billion deal, the companies said on Monday, providing the insurance broker greater flexibility ‌to pursue AI investments.

CVC-backed Bamboo Insurance targets $3.24 billion valuation in US IPO

CVC-backed Bamboo Insurance Services is targeting a valuation of ​up to $3.24 billion on a fully diluted basis in its U.S. initial public offering, the company revealed in a filing on Monday.

Electra Therapeutics targets $977.6 million valuation in US IPO

Drug developer Electra Therapeutics is targeting a valuation of ​up to $977.6 million in its U.S. initial public offering, according to a filing on Monday, ‌extending a comeback in biotech listings this year.

Exclusive-IPO for humanoid robot maker Boston Dynamics unlikely in 2027, executive says

Boston Dynamics, Hyundai Motor Group's humanoid robot unit, is unlikely to pursue an initial public offering next year, a senior executive at the parent company with ​direct knowledge of the matter said, as it has yet to deploy its flagship Atlas robots at scale and remains unprofitable.

AirBaltic voluntarily enters bankruptcy as Iran war costs bite

Latvia's airBaltic voluntarily filed for protection under Chapter 11 of the U.S. Bankruptcy Code in New York, it said on Monday, as it seeks to restructure its debt pile and survive a deepening sector-wide ​crisis brought on by the Iran war.