Business

Sweetgreen Cuts Full-Year Outlook as Cyclospora Fears Dampen Salad Sales

Sweetgreen lowered its full-year sales forecast and recalled jalapenos as a wider cyclospora outbreak dampens consumer demand, despite no direct link to th
Business Khaled Ayoub -

Trump Orders 15% Tariff on Polysilicon to Bolster US Chip and Solar Supply Chains

President Trump has ordered a 15% tariff on polysilicon products from December 4, aiming to bolster US chip and solar supply chains against China.
Business Aarav Shen -

AMD Acquires Chip Startup Taalas to Bolster AI Inference Ambitions

AMD has acquired Taalas, a startup that hardwires AI models into silicon, deepening its bet on the fast-growing AI inference market.
Business Khaled Ayoub -

Salmonella Outbreak Sickening Hundreds Traced to Jalapeños From Mexican Farm

A salmonella outbreak sickening 345 people across 27 US states has been traced to jalapeño peppers from a farm in Sinaloa, Mexico, federal officials say.
America Aarav Shen -

Federal Auditors Find DOGE Overstated Its Claimed $110 Billion in Government Savings

The Government Accountability Office found that Elon Musk's DOGE overstated its reported $110 billion in federal savings and lacked transparency on its met
America Aarav Shen -
Latest

Everest Medicines Secures Rights to CARDAMYST™ Nasal Spray for Greater China in Up to $50 Million Deal

Everest Medicines acquires rights to CARDAMYST™ (etripamil) nasal spray for Greater China in a deal valued up to $50 million, aiming to enhance its cardiovascular offerings.

Leonardo Strengthens Naval Capabilities with Full Acquisition of GEM Elettronica

Leonardo completes the acquisition of GEM Elettronica, boosting its naval systems and radar technology capabilities. Learn more about the strategic implications.

China Dives Deep: New Tourist Submersible Poised to Unlock Underwater Adventures

China is developing its first tourist submersible to reach depths of 1,000 meters, aiming to launch commercial deep-sea tourism by 2030. Learn about the engineering, safety, and market potential of this new venture.

Venture Global and Vitol Forge 5-Year LNG Partnership

Venture Global and Vitol have signed a five-year agreement for the supply of 1.5 million tonnes per annum of U.S. liquefied natural gas (LNG), commencing in 2026. The deal highlights growing global demand for American LNG.

Verde Clean Fuels Appoints New CEO, Explores Strategic Alternatives Amid Restructuring

Verde Clean Fuels announces George Burdette as new CEO and engages Roth Capital Partners to explore strategic alternatives, including potential sale or merger, as part of restructuring efforts.

Dillard’s to Merge With Family Holding Company in Non-Dilutive Deal

Dillard's Inc. announces a non-dilutive merger with its family holding company, W.D. Company, Inc., aiming to simplify ownership structure. Learn about the deal's details, conditions, and impact on shareholders.

Banco Macro Strengthens Digital Footprint with Acquisition of Banco Sáenz

Banco Macro S.A. announces acquisition of Banco Sáenz S.A. to enhance its digital banking services and expand its presence in the digital financial ecosystem.

BHAV Acquisition Corp Successfully Closes $100 Million IPO on Nasdaq

BHAV Acquisition Corp. announces the successful closing of its $100 million initial public offering on the Nasdaq, detailing unit structure, business combination strategy, and management.

Bank of America Signals Potential Fed Rate Hike Amidst Geopolitical Tensions and Inflation Fears

Bank of America economists outline conditions for a potential Fed rate hike, including a stable labor market and rising inflation, and discuss the potential impact on Bitcoin and other markets.

ADNOC and OMV Forge Ahead with Mega Chemicals Merger, Advancing Borouge Group Formation

ADNOC and OMV are making significant strides towards completing their chemicals mega-merger, advancing the formation of the Borouge Group International AG, with an expected close by March 2026.

Nexstar Media Group Secures Over $5 Billion in Debt Financing for TEGNA Acquisition

Nexstar Media Group announces a $5.12 billion debt offering, including senior secured and senior notes, to finance its acquisition of TEGNA Inc. Details on the financing package and Nexstar's market position.

Nexstar Seals $6.2 Billion Tegna Acquisition Amidst Legal Battles and Regulatory Green Light

Nexstar Media Group finalizes its $6.2 billion acquisition of Tegna, creating the largest U.S. local TV station owner despite ongoing legal challenges and regulatory approvals.

Fed Holds Rates Steady Amidst Iran Conflict and Oil Price Volatility

The Federal Reserve holds interest rates steady amid the Iran war and rising oil prices, citing economic uncertainty and inflation concerns.

Prestige Consumer Healthcare Secures Breathe Right Brand Portfolio in $1.045 Billion Deal

Prestige Consumer Healthcare Inc. announces agreement to acquire the Breathe Right brand portfolio for $1.045 billion, enhancing its consumer health offerings and expected to drive significant financial growth.

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