Soho House Going Private in $2.7 Billion MCR Deal
Private members’ club operator Soho House is set to go private in a $2.7 billion takeover led by hotel investor...
Seaway Crude Pipeline Restarts After Houston Terminal Leak
Enterprise Products Partners announced that the Seaway crude oil pipeline system has returned to full operation following a leak which...
JBS Sees US Cattle Supply Recovery From Late 2027
The US cattle supply constraints will continue for three to four quarters according to JBS before herd recovery starts in...
New York Sues Zelle Over $1 Billion Fraud Losses
New York Attorney General Letitia James filed a lawsuit against Zelle because the payment platform's security weaknesses enabled criminals to...
UK Regulator Clears Boeing’s Spirit AeroSystems Takeover
The British competition authority has approved Boeing’s $4.7 billion all-stock acquisition of Spirit AeroSystems, ruling that the deal does not...
Lyten Buys Northvolt Assets in European Battery Revival
The Silicon Valley battery startup Lyten acquired most Northvolt assets after the Swedish battery manufacturer filed bankruptcy to pursue European...
Novavax Ups Forecast on Vaccine Partnership Revenues
The company Novavax increased its 2025 adjusted revenue projection to $1 billion–$1.05 billion from $975 million–$1.03 billion because of better-than-expected...
US Services Growth Stalls as Tariff Pressures Mount
The Institute for Supply Management reported that U.S. services activity remained almost unchanged in July with a 50.1 index reading...
Google to Curb AI Data Center Power Use
Google has entered agreements with two U.S. utilities to decrease its AI data center power usage during peak demand hours...
Novo Nordisk Tumbles as Wegovy Gains Nearly Wiped Out
The stock price of Novo Nordisk dropped by 6% on Friday as the market reaction to its weight loss drug...
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