Nvidia in Talks to Invest in Data-Center Power Developer Cloverleaf
The deal involves an investment of several hundred million dollars and cements the chip maker's role in developing data-center projects at the earliest stages.
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Italy's Monte dei Paschi Makes $40 Billion Move to Buy Rival Banks
The all-share bids for Banco BPM and Banca Generali comes as Monte dei Paschi fights off a takeover offer from Intesa Sanpaolo.
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BJ's Wholesale Logs Higher Profit, Revenue
The warehouse club chain reported higher second-quarter profit and revenue, as budget-conscious shoppers continued to flock to its stores in search of value
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Hyundai's Union Launches First Full-Day Strike in Decade
The daylong strike at the South Korean automaker, the first since 2016, followed months of failed wage negotiations and a series of partial walkouts.
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Trump Wants to Revive Keystone XL. The Industry Has a Different Plan.
A trio of proposed pipelines would serve the same function-delivering heavy oil from western Canada to Gulf Coast refineries-without the hot-button name.
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Blackwater's Erik Prince Launches Air-Defense Startup
The private security contractor has joined with Ukraine company Swarmer to offer defense technology to Middle East sites getting hit by Iran.
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GM Ruled U.S. Auto Sales for 100 Years. Now Toyota Is Closing In.
The American automaker is increasing profits while selling fewer vehicles as its rival pursues an opposite approach.
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Layoffs at JPMorgan Hit Highest Level Since 2015
The country's largest bank filed six layoff notices between February and July, impacting nearly 800 employees in Texas, New Jersey, and California.
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Abbott to Pay $670 Million to Settle Baby-Formula Litigation
The bulk settlement relates to the Gill lawsuit, in which a Missouri jury ordered the company to pay $495 million in damages after determining it failed to warn that its formula for preterm infants increased the risk for a bowel disease.
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SpaceX Is Racking Up Wins in Washington
The Elon Musk-led rocket and AI company is landing lucrative contracts and benefiting from the Trump administration's deregulatory push.
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Ross Stores Boosts Outlook on Growing Demand for Off-Price Retail
The off-price retailer now forecasts earnings per share of $8.61 to $8.77 for the year as its second-quarter profit and sales gained on higher traffic.
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James Hardie Selling European Fermacell Business for $980 Million to Holcim
James Hardie Industries will sell its European Fermacell business to Swiss building-materials company Holcim as it seeks to focus on higher-growth and higher-return markets.
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