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Boeing awarded $2.7 billion in contracts for Patriot missile seekers
Boeing won $2.7B in multi-year deals to supply key guidance components for Patriot interceptor missiles amid rising global demand.
Goldman Sachs loses senior bankers after leadership reshuffles, dealmaking pause
Goldman Sachs loses senior bankers after leadership reshuffles, dealmaking pause By Saeed Azhar NEW YORK (Reuters) -Goldman Sachs has lost more than a dozen senior investment bankers this year, a higher number than normal, after internal shake-ups and a sluggish start to 2025 drove them to seek new opportunities, according to three sources familiar with […]
First Brands CEO James resigns amid bankruptcy process
(Reuters) -First Brands said on Monday founder Patrick James had stepped down as CEO and will be succeeded by Chief Restructuring Officer Charles Moore on an interim basis, as the auto parts maker advances its Chapter 11 bankruptcy process. The Ohio-based company, which makes filters, brakes and lighting systems, filed for bankruptcy protection in late […]
Mars nears EU approval for $36B Kellanova deal
McLean-based candy and snacks giant Mars' $36 billion bid to acquire Pringles and Pop-Tarts maker Kellanova is set to clear a major hurdle by winning unconditional European Union antitrust approval, three people with direct knowledge of the matter said.
SoftBank to buy ABB robotics unit in $5.4B AI push
SoftBank will acquire ABB’s $2.3B robotics unit for $5.4B, advancing its AI strategy while ABB refocuses on electrification.
With the US government dark, alternate sources show a sluggish September for jobs
With official data delayed by the shutdown, alternate reports show a stagnant U.S. job market and support for another Fed rate cut.
CoreWeave signs $14 billion AI infrastructure deal with Meta
CoreWeave will provide Meta $14B in AI cloud computing power through 2031, boosting share prices and fueling AI infrastructure growth.
Trump threatens 100% tariff on foreign-made films
Trump says he’ll impose a 100% tariff on foreign films, alarming Hollywood studios that depend on global production and box-office revenue.
Trump administration says it will expand coal leasing, fund coal plant upgrades
WASHINGTON (Reuters) -The Trump administration will expand coal mine leasing on federal lands and provide hundreds of millions of dollars to support more coal-fired power generation, officials said on Monday. The plan is part of a broader effort by the administration to reverse the decline of coal use in the U.S., a fossil fuel that […]
Dollar set for second straight week of gains after data shows US economic resilience
NEW YORK (Reuters) -The dollar edged lower but was still on track for the second straight week of gains against major peers on Friday after data continued to show U.S. economic resilience, which might complicate the Federal Reserve‘s efforts to cut interest rates. The dollar was down 0.1% to 149.65 against the Japanese yen, on […]
