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industrial news
Microsoft, Activision Blizzard Extend $75 Billion Merger Deadline
The extension, until mid-October, allows the companies to continue with efforts to gain regulatory approval in the U.K. Source link
U.K. Clinches $5 Billion EV-Battery Plant as Race for Green Investments Heats Up
The move by the owner of Jaguar Land Rover throws a lifeline to Britain’s industry, which has a patchy record in the global race to
Goldman Sachs Profit Falls 58% on Consumer-Lending Pullback
The bank also took impairments related to real-estate investments, much of it tied to office properties. Source link
Governments in China are Propping Up Hong Kong's Ailing IPO Market
Municipalities and state-backed investors that want to drum up more economic activity are buying shares in companies going public. Source link
Goldman Sachs Profit Falls 58% on Consumer-Lending Pullback
The bank also took impairments related to real-estate investments, much of it tied to office properties. Source link
Jailed Crypto Tycoon's Company Appoints CEO
Terraform Labs has tapped Chris Amani to run the company as co-founder Do Kwon faces charges of fraud. Source link
Microsoft Shows AI Won't Be a Loss Leader
The software company’s pricing of its Copilot AI tool came in well above projections. Source link
Tesla to Report Second-Quarter Earnings Fueled by Sales Growth
Analysts are looking to see the impact of price cuts on the EV maker’s bottom line. Source link
Victims of Cyberattack on File-Transfer Tool Pile Up
The list of companies hit by a cyberattack on a widely used software tool continues to expand and several victims have filed lawsuits alleging mishandling