Jaguar Ditches the Pink Branding in Unveil of Its Big, Sleek Type 01 EV
Long-promised vehicle will start around $130,000 in the U.S. as Jaguar aims to sell fewer cars at higher prices.
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Constellation Brands Profit Rises on Higher Beer, Spirits Sales
Sales in Constellation's beer business, which includes Corona and Modelo, rose 5%, while its wine and spirits business saw a 17% increase in sales.
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Fair Isaac to Cut About 15% of Workforce as Competition Intensifies
The job cuts come as the company behind the FICO credit score faces new competitive pressure.
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FlyDubai Attacker Was Part of Pilot Hiring Spree at Fast-Growing Airline
Authorities and industry insiders are now questioning whether the airline's fast growth contributed to last week's near catastrophe.
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Penguin Solutions' Memory Business Soars on AI Demand. Can Its Stock Rally Again?
Penguin Solutions posted fiscal fourth-quarter earnings of $1 a share, a 133% year-over-year rise, and net sales of $567 million, up 68%.
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Google and Constellation Energy Strike a Sweeping Nuclear-Power Deal
The deal is the largest-ever "uprate" project, one that squeezes more power out of existing reactors, between a nuclear-power provider and a tech company.
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AI-Computing Startup Lambda Is Raising $4 Billion in Final Round Before Planned IPO
The Nvidia-backed company is targeting an IPO in 2027.
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Skydance's Ambitious Goals Face a Steep Road
Skydance faces a tough task achieving its goals against a tough media and entertainment industry backdrop. Wall Street is taking a wait-and-see approach.
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CD&R, McKesson to Acquire At-Home Infusion Therapy Provider for $5.8 Billion
Under the agreement, CD&R will hold a majority interest of about 51% in Option Care Health, while McKesson will hold about 49%.
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Mistral to Release New AI Model to Better Compete With U.S. Rivals
Mistral launched a public preview of the model on Tuesday and plans to release its trained parameters on Oct. 27.
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Uber to Expand Uber Eats Service with $2.3 Billion Acquisition of Catering Platform
The deal gives Uber Eats access to ezCater's network of more than 140,000 restaurants in the U.S., which generate over $2.5 billion in annual gross bookings.
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Lamb Weston Says Cost-Saving Efforts Are Paying Off
The french fry maker said profit and sales exceeded expectations in the latest quarter, citing strong demand and steps the company has taken to counter rising costs.
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Energy Transfer to Acquire Vaquero Midstream for $2.63 Billion
The deal consists of $1.95 billion in cash and about 33.3 million newly issued Energy Transfer common units.
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Becton Dickinson to Invest $19 Billion in U.S. in Exchange for Tariff Relief
The move makes the needle- and medical-device maker the latest company to pledge to expand domestic manufacturing to secure an exemption from the Trump administration's tariffs.
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Fintech Plaid Bets on Credit Scores to Fuel Next Phase of Growth
EXCLUSIVE: Plaid is doubling down on its credit-scoring business with new AI models as the company aims to chart its next era of growth with a suite of products beyond its core business.
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SoftBank-Backed DayOne Plans to Raise Up to $5 Billion in U.S. IPO
Singapore-based DayOne Data Centers plans to list its American depositary shares on the Nasdaq by the end of the year.