South Korea's Hanwha Makes $1 Billion Push Into U.S. Naval Shipbuilding
Conglomerate's nonbinding offer for Austal USA comes as Washington seeks to revive domestic shipyards.
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Nvidia, Wall Street Firms Strike AI Financing Deal Targeting $500 Billion
Apollo, Blackstone and BlackRock were among the firms that committed to the deal.
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Trump Media Reports More Than 10 Sign-Ups to Real-Time Truth Social Feed
Early customers to the product are primarily high-frequency trading firms.
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Morgan Stanley to Facilitate $1.5 Trillion in Infrastructure Initiative
The company said the initiative would support clients building and scaling companies, technologies and infrastructure central to the economic and national security of the U.S.
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JBS Heir to Take Over as CEO of Meatpacking Dynasty
Wesley Batista Filho, who leads JBS's U.S. business, will succeed Gilberto Tomazoni as chief executive next year.
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Hims & Hers Health Boosts Revenue Target, Swings to Second-Quarter Loss
The telehealth platform said it now projects $3.1 billion to $3.3 billion in revenue for the year, up from a previous target for $2.8 billion to $3 billion.
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Rocket Lab Narrows Loss As Revenue Climbs
The launch and space systems company narrowed its loss and reported rising revenue as it ended its second quarter with a backlog of $2.36 billion, up 137% year-over-year.
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Intel to Offer $15 Billion of Common Stock
The chip maker cited strong customer demand driven by unprecedented investment in AI compute.
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Barrick Mining Settles Newmont Nevada Dispute for $1.95 Billion
Barrick Mining has settled a long-standing dispute with rival Newmont over their Nevada operations, securing a $1.95 billion cash payout and paving the way for Barrick to publicly list its North American gold assets.
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AST SpaceMobile Raises Revenue Outlook as Satellite Network Expands
The satellite operator expects 2026 revenue of $150 million to $200 million as it continues to build out a space-based cellular network aimed at connecting ordinary smartphones directly to satellites.
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Boeing to Fold Its Flying-Taxi Venture Into Rival Archer Aviation
The jet maker is selling Wisk Aero, SkyGrid and Insitu in exchange for shares in the California startup.
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Teledyne Technologies to Buy Varex Imaging for $1.1 Billion
Teledyne Technologies said it will buy Varex Imaging for about $1.1 billion, inclusive of equity awards and debt.
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U.A.E.'s Adnoc Gas to Invest More Than $8 Billion in Expansion Push
An exit from OPEC earlier this year freed state-owned Adnoc of the cartel's restrictions.
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Mark Zuckerberg Lays Out New AI Vision in 6,500-Word Essay
The Meta CEO has a new game plan for winning over hearts and minds to his company's artificial-intelligence efforts.
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War Is Helping Chinese EVs Upend the Global Car Market
High gasoline prices are giving a boost to China's electric-vehicle exports.
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U.S. Regulator Rejects Dutch Fintech Bunq's Banking License Application
They cited supervisory and compliance concerns, adding that Bunq's application didn't clearly explain how the company would have sufficient capital in the U.S.