Airbus Suffers New Quality Issue Days After Software Glitch
Shares in the European plane maker fell as much as 10% before recovering some ground.
The bank is buying Innovator Capital Management, which specializes in ETFs that protect investors from market downturns.
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Strategy Cuts Outlook, Establishes $1.44 Billion Reserve Amid Bitcoin Selloff
The bitcoin treasury company now expects to report between a loss of $5.5 billion and profit of $6.3 billion for the year, down from its October guidance for a profit of $24 billion.
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Barrick Considering Spinning Off North American Gold Assets
Barrick Mining is considering spinning off its North American gold assets into a listed business, separating the operations from the miner’s gold and copper mines in riskier parts of the world.
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Newell Brands to Cut 10% of Employees in Cost-Savings Push
Newell Brands will lay off about 10% of its professional and clerical employees, or over 900 workers, as part of its ongoing cost-savings plan.
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Somnigroup Seeks to Buy Leggett & Platt for About $1.6 Billion
Somnigroup International has offered to buy Leggett & Platt for about $1.63 billion in an all-stock deal, a move that would add the adjustable-bed and mattress-spring maker to its bedding empire.
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Targa Resources to Acquire Stakeholder Midstream for $1.25 Billion
Targa Resources agreed to acquire Stakeholder Midstream, which provides natural gas gathering and processing services in the Permian Basin, for $1.25 billion in cash.
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TotalEnergies to Sell Stake in Nigeria Projects to Chevron
Chevron subsidiary Star Deep Water Petroleum will take a 40% stake in the PPL 2000 and 2001 licences located in the West Delta basin.
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Nvidia Takes $2 Billion Stake in Synopsys. What to Know About the Deal.
Synopsys shares rally after the two companies announce they would expand an existing partnership.
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UBS Charged in Switzerland Over Credit Suisse ‘Tuna Bonds’ Scandal
The charges are the latest in a saga that started around 2013, when Credit Suisse arranged debt deals for state-owned companies in Mozambique.
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American Consumers Lose Patience With High Car Prices
Shoppers are starting to draw the line on what they will pay for a new car, with some turning to used vehicles, taking on longer car loans and holding out for deals.
Consumers may be struggling, but they still want the fresh and fast offerings from restaurants like Cava and Chipotle.
CEO Elon Musk once described the Cybertruck as Tesla’s “best ever” product. But demand for the controversial pickup truck has dried up.
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Trump’s Focus on Drug War Means Big Business for Defense Startups
Drones, sensors and AI platforms developed for other theaters are being rebranded as tools for the fight against “narco-terror.”
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Data Centers Are a ‘Gold Rush’ for Construction Workers
Surging demand for workers means six-figure pay and more perks.
