Tag Archives: Maker

‘Battlefield’ maker Electronic Arts to go private in record $55 billion leveraged buyout  ReutersView Full Coverage on Google News Source link

Cristian Fleming paid around $70,000 for his dream car, a Fisker Ocean. He was drawn to the new EV’s 350-mile range, eco-friendly image, and quirky features like “California Modes,” which rolls down nearly every window at once. “I’ve always bought my cars because I love the way they look,” Fleming says. “That’s probably my first mistake.” But his joy soon …

Stock Indexes Post Weekly Losses Despite Gaining Friday 1 hr 25 min ago Friday’s advances couldn’t prevent major stock indexes from ending lower for the week. The Nasdaq fell about 0.6% this week to 22484.07, while the S&P 500 and Dow Jones Industrial Average slipped 0.3% to 6643.70 and 0.1% to 46247.29, respectively. Still, the three indexes remain near their …

Roche to Buy Maker of Fatty Liver Treatment 89bio for Up to $3.5 Billion  The Wall Street Journal Roche to acquire liver drug developer 89bio for up to $3.5 billion  Reuters RHHBY to Acquire 89bio for $3.5B, Add Late-Stage MASH Drug to Pipeline  Yahoo Finance Roche to buy metabolic biotech 89bio for up to $3.5B  Axios Roche enters into a definitive merger agreement to …

Intel Stock Soars 28%. Nvidia to Invest $5 Billion in Chip Maker.  Barron’s Nvidia to Buy $5 Billion Stake in Intel  The New York Times NVIDIA and Intel to Develop AI Infrastructure and Personal Computing Products  NVIDIA Newsroom Nvidia to invest $5 billion in Intel and co-develop chips  Axios Intel’s stock is soaring. Why Nvidia is investing $5 billion in the chip maker.  MarketWatch Source …

Deeply troubled parents spoke to senators Tuesday, sounding alarms about chatbot harms after kids became addicted to companion bots that encouraged self-harm, suicide, and violence. While the hearing was focused on documenting the most urgent child-safety concerns with chatbots, parents’ testimony serves as perhaps the most thorough guidance yet on warning signs for other families, as many popular companion bots …

China Says Nvidia Broke Monopoly Laws. What It Means for the Chip Maker.  Barron’s China says Nvidia violated anti-monopoly laws, significantly escalating trade tensions with US  CNN Nvidia Broke Antitrust Law, China Says, as Tensions With U.S. Mount  The New York Times China accuses Nvidia of violating antimonopoly laws following investigation  CBS News China says preliminary probe shows Nvidia violated anti-monopoly law  Reuters Source link

Exclusive | Corteva, a $50 Billion Seed-and-Pesticide Maker, Is Exploring a Breakup  The Wall Street Journal Corteva explores breaking up into two separate companies, WSJ reports  Reuters Corteva Mulls Splitting Seed and Pesticide Businesses, WSJ Says  Bloomberg.com Corteva (CTVA) Evaluates Potential Company Split  GuruFocus Corteva gains on report it’s exploring a breakup (CTVA:NYSE)  Seeking Alpha Source link

Ozempic Maker Novo Nordisk to Cut 9,000 Jobs, Around 11% of Workforce  The Wall Street Journal Ozempic maker Novo Nordisk to cut 11% of workforce  Quartz Trump reportedly asks EU to levy 100% tariffs on India and China; Ozempic maker Novo to cut 9,000 jobs – as it happened  The Guardian Novo Nordisk job cuts a necessary reset after hypergrowth, analysts say  CNBC Wegovy …

An Embraer SA E190-E2 passenger aircraft stands on display on day two of the Farnborough International Airshow (FIA) 2018 in Farnborough, U.K., on Tuesday, July 17, 2018.  Bloomberg | Bloomberg | Getty Images Brazilian airplane maker Embraer has landed its first U.S. sale of its efficient but slow-selling E2 jets with a 50-plane deal from startup carrier Avelo Airlines. Avelo …