A new political clash over energy policy emerged this week as baseload power providers—energy companies ensuring stable, uninterrupted electricity—urged the U.S. Senate to preserve clean energy tax incentives. These incentives were effectively revoked last month when the Republican-led House of Representatives passed a bill to eliminate them.

Alphabet Inc. $GOOGL, the parent company of Google, has announced its intent to appeal a recent U.S. federal court ruling in a landmark antitrust case concerning its dominance in online search and digital advertising. The company criticized the court's proposed remedies, which were less stringent than the 10-year regulatory oversight initially advocated by U.S. antitrust authorities.

British data analytics and consulting firm GlobalData plc $DATA.L has extended the deadline for private equity firm Intermediate Capital Group’s (ICG) $ICG.L formal takeover offer until June 11, 2025. The extension follows the breakdown of negotiations with rival bidder KKR & Co. Inc. $KKR, as the companies failed to reach agreement on key terms. This development marks a critical phase in the ongoing contest for control of GlobalData, a London-based company serving sectors including healthcare, aerospace, and financial services.