News
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...
Huang forecasts $1 trillion in revenue during GTC keynote address
In his GTC keynote speech, Nvidia CEO Jensen Huang said the revenue opportunity for its Blackwell and Vera Rubin systems could...
US gas prices reach highest level since October 2023
Oil and gas prices stayed elevated on Monday after weekend attacks on Middle East oil facilities, and amid signals from...
Alibaba CEO to lead new AI business group
Alibaba Group CEO Eddie Wu announced in a memo to staff that he will lead the newly created Alibaba Token...
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