ArcelorMittal Says It Can't Restart Ukrainian Operations After Missile Strikes
The Luxembourg-based steelmaker said it isn't able to safely restart operations at its Ukrainian subsidiary after missile attacks killed five people and injured 17 employees.
----
Novo Nordisk to Pay Up to $1.3 Billion for Nanexa's Drug Delivery Technology
Novo Nordisk agreed to license and develop the technology, which could cut the frequency patients need to inject its obesity and diabetes drugs.
----
Anthropic to Pay Akamai Technologies $11.6 Billion Over Seven Years for Cloud Services
The deal provides for a potential $9 billion expansion, representing a total potential commitment of around $20 billion, Akamai said.
----
DP World Reroutes Cargo as Costs Mount From Hormuz Disruption
CEO Yuvraj Narayan scrambles to build alternative supply routes around Port of Jebel Ali with Hormuz closure cutting profits by $90 million a month.
----
Costco's Earnings Beat Wasn't Enough for the Stock
The growth rate for membership revenue declined for a third-straight quarter for Costco as fees rose 7.3% year over year to $1.5 billion
----
Cracks in Oracle's AI Data Center Build-Out Appear in New Mexico Project
Oracle sent a force majeure notice to the developer, has removed one key development partner and faced local resistance in Project Jupiter.
----
U.S. Files to Intervene With EU Decision on X, Elon Musk
The U.S. is supporting applications to annul a decision by the European Commission that found Elon Musk and his company X liable for violations of the EU's Digital Services Act.
----
MGM Resorts Eyeing Bid for Barry Diller's People Incorporated
The billionaire's company, which has a stake in MGM, also owns titles including Food & Wine magazine.
----
Jeff Bezos' Blue Origin Is Fueled With $30 Billion of His Fortune
The space company wants to rapidly boost revenue over the next few years, betting its huge rockets will make it a powerful industry player.
----
The Rise of the Almost-Premium Credit Card
Higher annual fees on top-tier cards have led to a reshuffling of the market, with cards just below that level targeting the not-quite-rich enough.
Comments