Companies

American Express Stock Falls 20% From December High as Expenses Climb

American Express shares trade near $310, about 20% below their December 2025 high, as rising expenses and slower earnings growth weigh on the stock.

Zhong Shanshan Net Worth 2026: The Water King Now Runs on Tea

Zhong Shanshan's net worth in 2026, how Nongfu Spring made him China's richest man, and why tea, not water, now drives his fortune.

Xi Jinping Urges China, US Youth to Advance Bilateral Cooperation

President Xi Jinping told students from 10 US universities he hopes young people will advance China-US cooperation in a reply to their letter.

China Tests Star-Based Navigation for Its 2030 Jupiter Mission

Chinese researchers tested stellar aberration navigation aboard the Tianhui-7 satellite in January, fixing its position to within 5km ahead of a 2030 Jupit

Hong Kong Cuts Subsidised Physiotherapy Places by a Third for 2027-28

Hong Kong's Education Bureau cut subsidised physiotherapy places by about a third for 2027-28 as graduates face a tightening job market

Cintas Seals $5.5 Billion Deal to Acquire Rival UniFirst, Expanding North American Reach

Cintas Corporation announces acquisition of UniFirst Corporation for $5.5 billion in a cash and stock deal, aiming to expand service capabilities and market reach across North America.

Google Seals Landmark $32 Billion Acquisition of Wiz, Bolstering Cloud and AI Security

Google finalizes its $32 billion acquisition of Wiz, a leading cloud and AI security platform, marking its largest deal ever and aiming to redefine security for the AI era.

UHS Acquires Talkspace for $835 Million, Expanding Virtual Mental Healthcare Access

Universal Health Services (UHS) to acquire virtual mental health provider Talkspace for $835 million, aiming to expand access to behavioral healthcare services.

Woodward Strengthens Aerospace Controls with Acquisition of Valve Research & Manufacturing

Woodward, Inc. announces agreement to acquire Valve Research & Manufacturing (VRM), a specialist in aerospace flow control valves, to enhance its aerospace controls portfolio. Expected to close in H1 2026.

Servier Acquires Day One Biopharmaceuticals for $2.5 Billion, Bolstering Oncology Pipeline

Servier agrees to acquire Day One Biopharmaceuticals for $2.5 billion, significantly expanding its oncology portfolio with a focus on rare cancers and pediatric treatments.

Ushio Illuminates Future by Acquiring OSRAM’s Entertainment and Industry Business

Ushio Inc. completes acquisition of OSRAM's Entertainment and Industry business, forming Ushio Industry & Entertainment to enhance global specialty lighting solutions.

Quantum Leap: QCi Acquires NuCrypt for $5M to Revolutionize Quantum Communications

Quantum Computing Inc. acquires NuCrypt for $5 million to advance quantum communications and expand its portfolio of quantum photonics and secure communication solutions.

McKesson Announces Key Leadership Change: CFO Britt Vitalone to Retire, Kenny Cheung to Take the Helm

McKesson Corporation announces a planned CFO transition as Britt Vitalone retires after 20 years, with Kenny Cheung named as his successor. Learn more about the leadership change and the company's recent financial performance.

Core Scientific Secures $1 Billion Financing from Morgan Stanley, Pivots to AI Infrastructure

Core Scientific secures a $500 million loan facility from Morgan Stanley, with an option to extend to $1 billion, as it pivots its business model from Bitcoin mining to AI infrastructure.

Scorpio Tankers Strengthens Fleet with Vessel Sales and Long-Term Charters

Scorpio Tankers Inc. announces strategic fleet adjustments, including the sale of three product tankers and long-term charter agreements for two LR2 vessels, set to finalize in early 2026.

Azenta Accelerates European Expansion with Acquisition of UK Biocentre

Azenta has acquired UK Biocentre, strengthening its biorepository capabilities across Europe. The deal creates a key European hub and is set to drive future growth and innovation in life sciences sample management.

Hyundai Unveils MobED Alliance to Accelerate Robotics Commercialization in Korea

Hyundai Motor Group launches the MobED Alliance in Seoul, joining public and private sector partners to commercialize its versatile mobile robot platform for diverse industries in Korea.

SM Energy Refinances Debt with $750 Million Notes Offering and Tender Offer

SM Energy announces a $750 million senior notes offering due 2034 to fund a tender offer for its 2028 senior notes, alongside providing updated financial and reserve data for Civitas Resources.

RadNet Bolsters AI Radiology Arm with $270 Million Acquisition of Gleamer

RadNet acquires French radiology AI firm Gleamer for up to $270 million, expanding its DeepHealth subsidiary's capabilities and aiming for global leadership in AI-powered radiology solutions.

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