GE Aerospace to Buy Consolidated Precision Products
GE Aerospace agreed to buy metal-castings provider Consolidated Precision Products for $11.75 billion, placing a large bet on the advanced materials needed to keep its advanced engines cool.
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GameStop Profit Rises, Boosts Full Year Outlook
The videogame retailer's net income came within the forecast range it had given last month.
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Verizon, Corning Reach Multi-Billion Dollar Agreement for Broadband Expansion
The companies said the deal will help meet surging demand for consumer broadband and converged services, accelerating Verizon's push to bring internet access to more homes and businesses across the nation.
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Robinhood Strikes Deal With Crypto.com in Latest Prediction-Markets Push
The brokerage will add yes-or-no contracts from Crypto.com's prediction business, and take a stake in the digital-currency exchange.
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Mistral AI Exceeds $24 Billion Valuation After Samsung-Led Investment Round
The French artificial-intelligence startup said it had raised $3.48 billion from a pool of existing investors such as Samsung and ASML Holding, as well as new backers.
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U.S. Gets Minority Stakes in D-Wave, Rigetti, Quantinuum
The U.S. government is taking minority equity stakes in D-Wave Quantum, Rigetti Computing, and Quantinuum with a combined $300 million CHIPS Act deal that funds the three companies to scale quantum-computing research.
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Boston Scientific Won't Meet Guidance Due to Cyberattack
Boston Scientific said it likely won't meet its financial guidance due to the cyberattack that has disrupted its operations, sending shares of the medical-technology company down sharply in premarket trading.
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Tamarack Valley to Merge With Headwater Exploration in Over $7.24 Billion Deal
The acquisition combines Headwater's low-cost production footprint with Tamarack's asset base, bringing together more than 1,500 sections of contiguous land across northern Alberta.
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United Natural Foods Guides for Sales to Rise This Fiscal Year
United Natural Foods expects profit and sales to rise this fiscal year as it onboards further business from new and existing customers.
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NextEra Energy, DOE Close on Loan for Nuclear Power Plant
NextEra Energy said it reached a deal with the U.S. Department of Energy, closing on a loan of up to $1.9 billion to support the restart of the company's Duane Arnold Energy Center in Iowa.
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AstraZeneca Says Lung-Disease Drug Shows Benefits Across Patient Groups
AstraZeneca said its new drug for COPD showed benefits across a broad patient population in late-stage clinical trials, boosting a medicine the company expects to generate multibillion-dollar sales.
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Google Cloud, Accenture Launch Unit to Put AI Engineers On-Site With Customers
The new group will be made up of 1,000 forward-deployed engineers.
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Novartis Stock Drops After Another Trial Setback
The failure of a neuromuscular treatment is a blow to the drugmaker's efforts to revive its growth prospects.
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Amazon, Boeing Stocks Fall as Inquiry Into Fatal Miami Plane Crash Escalates
Investigators will spend the week collecting information at the crash site at Miami International Airport.