USA Rare Earth shares surged 10% in premarket trading on Friday following a report that CEO Barbara Humpton said the company was in close discussions with the White House. Humpton made the
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Global private equity firm KKR has strengthened its partnership with the Abu Dhabi National Oil Company (ADNOC) by acquiring a minority stake in ADNOC Gas Pipeline Assets. The ADNOC subsidiary operates 38
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With a potential government shutdown looming, employees at the Securities and Exchange Commission (SEC) have been told not to panic about mass layoffs. Greg Gilman, head of the SEC employees’ union, sent
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Lockheed Martin announced on Friday that its subsidiary Sikorsky has secured a nearly $11 billion contract from the U.S. Navy to build up to 99 CH-53K King Stallion helicopters. The defense giant
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Micron Technology has issued a bullish outlook for its upcoming quarter, projecting revenue above market expectations as it capitalizes on soaring demand for high-bandwidth memory (HBM) chips. The company’s optimism comes as
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This is not just another acquisition. It’s not just another number in the endless stream of corporate mergers. Scopely’s purchase of Pokémon Go for $3.5 billion is a move that shakes the
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The Trump administration has moved to prevent U.S. Steel from halting operations at its Granite City, Illinois, facility, in what marks the first use of new executive powers tied to the company’s
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Nvidia CEO Jensen Huang has addressed fresh challenges facing the company in China, expressing frustration over reports that Beijing has blocked sales of its artificial intelligence chips. The Financial Times reported that
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Opendoor has announced a major leadership shift, appointing Kaz Nejatian as its new chief executive officer and naming co-founder Keith Rabois as chairman. The company, which has become a favorite among retail
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Klarna shares climbed in their first day of trading on the New York Stock Exchange, marking a milestone for the Swedish buy now, pay later pioneer. The stock rose 15% on Wednesday,
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