Archer Aviation Raises $430 Million Through Share Offering, Partners With Anduril
One of the best known air taxi companies got fresh capital and an angreement to work with the defense technology company, which specializes in autonomous systems.
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McKinsey & Company to pay $650 million to settle opioid consulting probe, ex-partner to plead guilty
The Department of Justice had investigated McKinsey & Company for its consulting work with Purdue Pharma, the prescription opioid maker.CNBC - 5h -
A new IPO offers shares in something completely different: dinosaur bones
The market for rare dino skeletons has been heating up. Just ask hedge-fund billionaire Ken Griffin, who acquired one for $44.6 million.MarketWatch - 7h -
Bain Capital-Backed Kioxia Sets Offering Price for $800 Million IPO
The Japanese chip maker produces NAND flash-memory chips used in smartphones, computer servers and other devices.The Wall Street Journal - 4d -
Palantir, Anduril Partner on AI training for Defense
Palantir’s AI platform and Anduril’s systems will help with the retention and distribution of government defense data.Inc. - 4d -
Uber will offer robotaxi rides in Abu Dhabi through partnership with WeRide
Uber said robotaxi rides will be available between Saadiyat Island and Yas Island, as well as routes to and from Zayed International Airport.CNBC - Dec. 6 -
Millions hurt by credit repair firms to share $1.8 billion in refunds
Payments to victims of Lexington Law and CreditRepair.com are the largest yet by Consumer Financial Protection Bureau.CBS News - Dec. 5 -
Aviva raises offer to buy Direct Line
FTSE 100 insurer makes second bid for its smaller rival at 261p a shareFinancial Times - Dec. 5 -
Southwest and American airlines raise sales outlooks, shares jump
Southwest and American airlines forecast stronger-than-expected revenue for the fourth quarter.CNBC - Dec. 5 -
OpenAI partners with defense company Anduril
OpenAI and Anduril on Wednesday announced a partnership allowing the defense tech company to deploy advanced AI systems for "national security missions."CNBC - Dec. 4
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