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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


ServiceNow Nears $7 Billion Deal for Armis
ServiceNow Inc. is in advanced talks to buy cybersecurity startup Armis in a deal that could be valued at as much as $7 billion and would represent the tech company’s largest acquisition to date.

By The Financial District
Dec 22, 20251 min read


Texas Roadhouse Closes All 736 Restaurants on Christmas
People hoping to enjoy a Christmas meal at Texas Roadhouse will be out of luck, as the company has decided to close all 736 of its locations on the holiday in 2025.

By The Financial District
Dec 22, 20251 min read


SEC Honors Globe for Sustainability Model
In an era when “ESG” is too often reduced to a checklist, the Securities and Exchange Commission’s (SEC) decision to honor Maria Yolanda Crisanto with the 2025 Private Sector Sustainability Champion Award lands with uncommon clarity.

By Lito U. Gagni
Dec 22, 20253 min read


"Customers Don’t Care About AI," Intuit CEO Says
While Wall Street and Silicon Valley are obsessed with artificial intelligence (AI), many businesses don’t have the luxury of fixating on it because they are too busy trying to grind out more revenue.

By The Financial District
Dec 20, 20251 min read


OpenAI’s "Code Red" Alert Meant to Force Company to Focus
OpenAI Chief Operating Officer Brad Lightcap said the company’s recent “code red” alert is intended to force the $500 billion startup to sharpen its focus as it faces intensifying competition.

By The Financial District
Dec 19, 20251 min read


Cisco Reaches Pre–dot-com Crash Levels for First Time in 25 Years
Cisco Systems Inc. (CSCO), a bellwether stock of the dot-com technology revolution, has returned to a record high after a quarter century, thanks in part to the artificial intelligence (AI) spending boom.

By The Financial District
Dec 19, 20251 min read


Oracle Sinks Following Tepid Earnings Report
.Oracle shares fell more than 6% after the bell as the company’s quarterly revenue came in below Wall Street expectations.

By The Financial District
Dec 19, 20251 min read


Intel Nears $1.6-B Deal for AI Chip Startup SambaNova
Intel Corp. is in advanced talks to acquire artificial intelligence chip startup SambaNova Systems Inc. for about $1.6 billion, including debt.

By The Financial District
Dec 19, 20251 min read


Broadcom Stock Sinks After Results Show Profit Pressures
Broadcom stock fell more than 11% to end last week after the company’s quarterly results raised investor concerns about the profitability of its AI business.

By The Financial District
Dec 18, 20251 min read


Microsoft AI Won’t Match Meta’s High-Flying Pay Packages
Microsoft AI CEO Mustafa Suleyman says he’s not trying to lure AI talent with sky-high pay packages.

By The Financial District
Dec 18, 20251 min read


New Japan Law Regulates Control of Google, Apple Over App Stores
Dec. 18 will mark the enforcement of a new law aimed at curtailing the dominance of major technology companies and fostering competition in Japan’s technology services market.

By The Financial District
Dec 17, 20251 min read


Prada to Launch $930 "Made in India" Sandals After Backlash
Prada will make a limited-edition collection of sandals in India inspired by the country’s traditional footwear, selling each pair at around 800 euros ($930).

By The Financial District
Dec 17, 20251 min read


SpaceX Trading Debut Will Be "Craziest IPO" Ever, Investors Claim
Investors welcomed reports that SpaceX is mulling a potential initial public offering that would help fund Elon Musk’s Mars ambitions and value the rocket and satellite company at more than $1 trillion.

By The Financial District
Dec 17, 20251 min read
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