Business

Micron Shares Rebound to Defy Memory-Chip Selloff as Wall Street Holds Firm

Micron Technology shares reversed sharp losses to finish higher, defying a memory-chip selloff that pressured rivals Sandisk and Western Digital as Wall St
Business Aarav Shen -

Twilio Shares Surge 31% After Earnings Beat as AI Tools Gain Traction

Twilio stock jumped about 31% after a stronger-than-expected earnings report, driven by growing adoption of its AI-powered customer engagement tools.
Business Khaled Ayoub -

FAA Orders Crack Inspections for Hundreds of Boeing 737 Max Jets

The FAA has finalized a directive requiring crack inspections for 471 Boeing 737 Max jets, effective September 10, following reports in older models.
Business Aarav Shen -

Trump Administration Renews Push to Remove Fed Governor Lisa Cook Over Mortgage Claims

The Trump administration has revived its push to remove Fed governor Lisa Cook over mortgage claims, giving her until August 26 to respond.
America Aarav Shen -

US Economy Sheds 23,000 Jobs in July as Rate Hike Bets Fade

The US economy lost 23,000 jobs in July as labour force participation slumped, prompting markets to cut bets on a September Federal Reserve rate hike.
Business Khaled Ayoub -
Latest

Eastman Chemical Secures $600 Million Through Senior Notes to Bolster Growth and Flexibility

Eastman Chemical raises $600 million through a senior notes offering, strengthening its financial flexibility and supporting growth initiatives. Learn about the bond terms, strategic use of funds, and market implications.

Swiss Re Expands Credit Insurance Reach With QBE Acquisition

Swiss Re Corporate Solutions will acquire QBE’s Global Trade Credit and Surety business, reinforcing its presence in specialty insurance across Australia, New Zealand, and the UK and expanding its credit risk offering.

QNB Corp. to Expand Footprint with $41 Million Acquisition of Victory Bancorp

QNB Corp. announces acquisition of Victory Bancorp for $41 million, creating a larger Pennsylvania-based bank with expanded assets and market reach.

British American Tobacco Confirms 2026 Financial Targets Amidst Strategic Shift to Smokeless Products

British American Tobacco reaffirms its 2026 financial outlook, projecting steady growth in EPS and revenue while accelerating its strategic shift towards smokeless nicotine products.

Sensei Biotherapeutics Secures Future with Faeth Therapeutics Acquisition and $200M Financing

Sensei Biotherapeutics acquires Faeth Therapeutics for $200M, bolstering its oncology pipeline with PIKTOR and securing crucial funding for clinical trials in endometrial and breast cancer.

SM Energy Divests South Texas Assets to Caturus Energy for $950 Million

SM Energy announces agreement to sell South Texas assets to Caturus Energy for $950 million, aiming to reduce debt and strengthen its balance sheet. Details on assets, production, and transaction timeline.

RentAHuman Turns AI “Intent” Into Real-World Action by Paying People to Do the Physical Work

RentAHuman is a new marketplace where AI agents hire humans for real-world tasks—from deliveries to promotions—highlighting how the agent economy could create new work, and why trust systems will matter.

IMF Advises Japan Against Sales Tax Cuts, Recommends Continued Rate Hikes

The IMF urges Japan to avoid sales tax cuts and continue raising interest rates, citing fiscal risks and the need for monetary policy normalization.

UK Fibre Market Set for Major Shake-Up as InfraVia, Liberty Global, and Telefónica Acquire Netomnia for £2 Billion

InfraVia, Liberty Global, and Telefónica are acquiring Substantial Group (Netomnia) for £2 billion through their nexfibre joint venture, aiming to boost UK fibre competition and investment.

Interactive Strength to Acquire Ergatta, Boosting 2026 Revenue Forecast Past $30 Million

Interactive Strength (TRNR) to acquire Ergatta in a deal valued up to $19.5 million, significantly boosting 2026 revenue projections past $30 million with a focus on recurring subscriptions and profitability.

Veritas Capital Secures $14.4 Billion for Ninth Flagship Fund Amidst Market Slowdown

Veritas Capital successfully closes its ninth flagship fund at $14.4 billion, exceeding targets amidst a challenging private equity market. Learn about their investment strategy and recent successes.

MTN Group to Acquire IHS Towers in Landmark $6.2 Billion Deal

MTN Group agrees to acquire IHS Towers for $6.2 billion in an all-cash deal, strengthening its digital infrastructure across Africa. Learn about the deal's terms, shareholder premiums, and strategic implications.

Danaher to Acquire Masimo in Landmark $9.9 Billion Deal, Expanding Diagnostics Reach

Danaher is set to buy Masimo for $9.9 billion, marking a major expansion into diagnostics and patient monitoring technology in one of the industry's largest recent deals.

Warner Bros. Discovery Reopens Door to Paramount’s Offer Amid Netflix Merger Talks

Warner Bros. Discovery reopens deal talks with Paramount Skydance under a limited waiver from Netflix, aiming to secure the best offer for shareholders amidst ongoing merger discussions.

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