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Union Pacific Kicks Off Review for $85-B Coast-to-Coast Rail Merger
Railroad operators Union Pacific and Norfolk Southern have filed a nearly 7,000-page merger application with the U.S. Surface Transportation Board (STB), drawing fresh scrutiny from rivals over their plan to create the nation’s first coast-to-coast freight railroad.

By The Financial District
Jan 11 min read


Brigitte Bardot, French Actress and Animal Rights Backer, Dies at 91
Brigitte Bardot, the French 1960s sex symbol who became one of the greatest screen sirens of the 20th century and later a militant animal rights activist and far-right supporter, has died at the age of 91.

By The Financial District
Jan 12 min read


UK’s Toolstream DIY Shuts Down Abruptly
British DIY retailer Toolstream has entered administration, resulting in the loss of more than 100 jobs.

By The Financial District
Dec 31, 20251 min read


French Court Nixes Bid to Suspend Shein E-Commerce Platform
A Paris court has rejected a request by the French government to suspend the Chinese online retail platform Shein for a three-month period.

By The Financial District
Dec 31, 20251 min read


ACEN Now Boasts 100% Renewable Energy Generation
Listed ACEN Corp. now boasts 100% renewable energy generation across its portfolio, completing a transition it began in 2016.

By The Financial District
Dec 30, 20252 min read


U.S. Launches Review of Advanced Nvidia AI Chip Sales to China
The administration of U.S. President Donald Trump has launched a review that could result in the first shipments to China of Nvidia’s second-most powerful artificial intelligence chips.

By The Financial District
Dec 29, 20251 min read


Delaware High Court Restores Musk’s 2018 $56 Billion Tesla Pay Package
Elon Musk’s controversial $56 billion pay package from Tesla has been reinstated by the Delaware Supreme Court, two years after a lower court struck down the compensation deal as “unfathomable.”

By The Financial District
Dec 29, 20251 min read


Globe Pushes Mobile Coverage to 96%, Backs Government Drive to Connect Every Filipino
Globe continues to expand its nationwide mobile coverage as part of its long-term commitment to digital inclusion.

By The Financial District
Dec 28, 20252 min read


SoftBank Races to Fulfill $22.5-B Commitment to OpenAI
SoftBank Group is racing to close a $22.5 billion funding commitment to OpenAI by year’s end through an array of cash-raising measures.

By The Financial District
Dec 28, 20252 min read


Nvidia Stock Gains on Trump Chip Export Review
Nvidia shares rose 3.6% following a Reuters report that the Trump administration had begun reviewing exports of Nvidia’s H200 chips to China, along with news that U.S. antitrust agencies cleared Nvidia’s investment in Intel.

By The Financial District
Dec 28, 20251 min read


Meta’s Dina Powell McCormick Quits Board, may Stay on as Adviser
Dina Powell McCormick has resigned from Meta Platforms’ board of directors effective immediately, just eight months after joining.

By The Financial District
Dec 27, 20251 min read


Boeing Seeks FAA Emissions Waiver to Sell 35 777F Freighters
Boeing has asked the Federal Aviation Administration (FAA) for a waiver from airplane emissions rules to allow it to sell an additional 35 Boeing 777F freighters.

By The Financial District
Dec 27, 20251 min read


Warner Bros. Discovery Board Rejects Rival Bid From Paramount
Warner Bros. Discovery’s board has rejected Paramount Skydance’s $108.4 billion hostile bid.

By The Financial District
Dec 27, 20251 min read


Medline Raises $6.3-B in Year’s Biggest IPO
Medical supply giant Medline has raised $6.26 billion in its initial public offering, selling just over 216 million shares at $29 apiece.

By The Financial District
Dec 26, 20251 min read


Boxing Great Terence Crawford Retires at 42–0
Multi-division champion Terence “Bud” Crawford has announced his retirement from professional boxing.

By The Financial District
Dec 26, 20251 min read


Billionaires Battle for Control of U.S. Media and Entertainment
Two massive companies are fighting to take over another industry giant in a deal that would enrich shareholders while leaving workers worse off.

By The Financial District
Dec 26, 20251 min read


Japan’s Biggest Data Center Hub to Rise in Toyama Prefecture
A city in western Japan plans to launch the country’s third—and largest—data center cluster, with total power capacity of 3.1 gigawatts.

By The Financial District
Dec 26, 20251 min read


TikTok Says it has Signed Deals for New U.S. Joint Venture
TikTok’s long-delayed plan to separate from its Chinese parent, ByteDance Ltd., moved forward Thursday after the video-sharing company said it has agreed to be bought by a group of investors led by Oracle Corp.

By The Financial District
Dec 25, 20252 min read


Walmart, Other Firms Seek to Build a Pipeline of Skilled Tradespeople
As the number of skilled tradespeople dwindles in the United States, Walmart is trying to develop its own workforce to keep conveyor belts moving, refrigerated grocery cases cold, and drains and parking lots functioning.

By The Financial District
Dec 25, 20252 min read


Micron Forecasts Strong Earnings on AI Demand; Shares Rise 7%
Micron Technology forecast second-quarter adjusted profit at nearly double what Wall Street analysts expected.

By The Financial District
Dec 24, 20251 min read


Rivian CEO Pushes Self-Driving EVs, In-House AI Chips to Compete With Tesla
At Rivian’s Autonomy and AI Day, the pure-play electric vehicle maker outlined a wide range of technology and software initiatives, with a strong emphasis on vertical integration.

By The Financial District
Dec 24, 20251 min read


Bourbon Maker Jim Beam Halts Production at Main Distillery for a Year
The maker of Jim Beam bourbon said it will halt production at its main distillery in Kentucky throughout next year as it invests in site upgrades.

By The Financial District
Dec 24, 20251 min read


Ellison’s Hardball Warner Bros. Tactics Gave Netflix an Opening: Bloomberg
On the night of Dec. 3, lawyers from Quinn Emanuel Urquhart & Sullivan sent a letter to Warner Bros. Discovery Inc. raising “serious concerns about the fairness and adequacy” of the company’s sale process.

By The Financial District
Dec 24, 20252 min read


OpenAI Ends New-Hire Vesting Restriction as Talent War Intensifies
OpenAI recently informed employees it would end the six-month “vesting cliff” for new hires, a move designed to encourage staff to take risks without fear of losing their first chunk of equity.

By The Financial District
Dec 23, 20251 min read
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