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Ecolab to Acquire CoolIT Systems in $4.75 billion deal
Ecolab announced today that it has reached a definitive agreement to acquire CoolIT Systems for approximately $4.75 billion in cash,...
Super Micro employees accused of smuggling Nvidia chips to China
Super Micro shares have plummeted 25% after employees were charged with smuggling Nvidia chips to China. An indictment by the U.S....
Brent futures top $119 as Trump warns Iran not to strike energy sites
Oil prices continue to rise today, with Brent futures briefly surpassing $119 after Iranian strikes on key energy infrastructure in the Middle East. Iran...
3M to build a major fire and safety business in $1.95 billion deal
3M announced today that it has entered into a definitive agreement to acquire Madison Fire & Rescue, in partnership with Bain Capital,...
Rivian shares jump as Uber invests $1.25 billion in robotaxi deal
Uber Technologies, Inc. announced it will invest up to $1.25 billion in electric vehicle manufacturer Rivian to help accelerate both...
Wholesale prices rise 0.7%, up 3.4% annually
According to the latest report from the Labor Department's Bureau of Labor Statistics, U.S. producer prices increased more than expected...
Lululemon releases cautious guidance amid leadership reshuffle
Athleisure giant Lululemon has provided cautious guidance amid a difficult period for the retailer as tariffs impact profits and a...
Josh D’Amaro takes over as Disney CEO
Josh D'Amaro officially assumes his new role as Disney's CEO during Wednesday's annual shareholder meeting. Today, D’Amaro, chairman of Disney...
Diesel hits $5 a gallon
US diesel prices exceeded $5 a gallon for the first time since December 2022, as the war in Iran continues...
Mastercard to acquire BVNK in $1.8 billion deal
Mastercard today announced a definitive agreement to acquire BVNK, a leader in stablecoin infrastructure, for up to $1.8 billion, including...
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