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industrial news
Big Automakers Grab $1 Billion Deal for Urgently Needed Battery Metals
Volkswagen and Jeep maker Stellantis are each committing $100 million in a complicated transaction that will create a publicly traded mining company producing nickel and
Investor Group Takes Aim at Antibiotics, Demanding Changes From Fast-Food Companies
Concern over the rise of drug-resistant superbugs is spreading beyond hospital wards and health clinics to the world’s major financial centers. Source link
Disney Explores Strategic Options for India Business
The talks are a sign of how Star India’s fortunes have changed since Disney’s purchase of Fox entertainment assets. Source link
Kim Kardashian in Talks to Buy Back Stake In Beauty Business From Coty
The reality star and entrepreneur had previously sold a 20% position in SKKN at $1 billion valuation. Source link
Farmers Limits Insurance Sales in Florida, California
The insurer is the latest to cut back in states where premiums have soared amid storm and wildfire risks. Source link
Activision Win Is Big for Microsoft—Smaller for Big Tech
An FTC campaign to rein in tech giants suffers another setback, but will likely persist. Source link
Microsoft Can Close Its $75 Billion Buy of Activision Blizzard, Judge Rules
The companies can complete the deal before a Federal Trade Commission hearing that is scheduled for August. Source link
Bank of America Ordered to Pay $250 Million Over Wrongful Fees
The CFPB also said the bank withheld credit card rewards and opened accounts without consent. Source link
Sam Altman-Backed Nuclear Startup Is Going Public Through Altman's SPAC
Oklo, which is developing a small modular nuclear reactor, is valued at around $850 million. Source link
Bayou Teche Is an Epicenter of America's Lead Cable Problem
Southern Louisiana is a prime example of how old phone cables are contaminating soil and water across the U.S., according to a Journal investigation. Source