Constellation Inks 1 Billion Nuclear Power Deal
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The Bomb Is Back as the Risk of Nuclear War Enters a New Age
At the end of the Cold War, global powers reached the consensus that the world would be better off with fewer nuclear weapons. That era is now over.The Wall Street Journal - Jan. 13 -
The quantum computing stock craze echoes the GameStop saga — plus, a mea culpa on Constellation Brands
In his Sunday column for Investing Club subscribers, Jim Cramer writes about the quantum stock craze and the pitfalls of short-selling.CNBC - Jan. 12 -
Chronic Pain Afflicts Billions of People. It’s Time for a Revolution.
As many as two billion people suffer from it — including me. Can science finally bring us relief?The New York Times - Jan. 12 -
Nationals and Jorge López agree to $3 million, 1-year deal
The Washington Nationals and former All-Star pitcher Jorge López have agreed to terms on a 1-year contractABC News - Jan. 11 -
When Carter met Kim - and stopped a nuclear war
The former US president halted a US-North Korea showdown, but was also accused of going rogue.BBC News - Jan. 11 -
Constellation Energy to Buy Power Producer Calpine
Constellation Energy’s deal to buy Calpine is being driven by fast-rising demand for electricity in part by the technology industry’s investments in artificial intelligence.The New York Times - Jan. 10 -
EU Competition Regulator Conditionally Clears Synopsys' $35 Billion Ansys Deal
The commission said that the companies’ offer to sell two business units to a rival fully addresses its concerns.The Wall Street Journal - Jan. 10 -
Constellation’s stock soared on AI hopes. Now the energy company is using those gains to buy Calpine in $16 billion deal.
Constellation Energy Corp., an electricity provider whose stock has doubled over the last year on hopes it will help meet the voracious energy demand created by artificial-intelligence ...MarketWatch - Jan. 10 -
Constellation Brands’ stock slides as CEO cites ‘uncertainty’ about consumer spending
The parent of the Modelo and Corona beer brands lowered its 2025 outlook, despite third-quarter profit growth.MarketWatch - Jan. 10 -
The risk of nuclear war continues to rise
As the world became more dangerous in 2024, the use of its most dangerous weapons has become more likely.The Hill - Jan. 9 -
NBA Power Rankings: Cavaliers reclaim No. 1 spot with huge win vs. Thunder, Warriors tumble again
Cleveland won the first round of a heavyweight battle with the Thunder on Wednesday nightCBS Sports - Jan. 9 -
Japan mafia leader pleads guilty in U.S. to nuclear material trafficking
Takeshi Ebisawa allegedly conspired to traffic uranium and plutonium from Myanmar in the belief that Iran would use it for nuclear weapons.CBS News - Jan. 9 -
Japanese crime leader pleads guilty in U.S. to trafficking nuclear materials
The leader of a Japanese crime syndicate who was charged by U.S. authorities with trafficking nuclear materials from Myanmar pleaded guilty on Wednesday.NBC News - Jan. 9 -
Nuclear energy groups race to develop ‘microreactors’
Companies vie to create small plants for deployment to sites from data centres to oil platformsFinancial Times - Jan. 9 -
Japanese yakuza leader pleads guilty to trafficking nuclear materials from Myanmar
US authorities charged Takeshi Ebisawa with conspiring to traffic nuclear materials from Myanmar for expected use by Iran in nuclear weapons. A member of the Japanese criminal underworld has ...The Guardian - Jan. 9 -
Yakuza leader pleads guilty in New York to trafficking nuclear materials, narcotics charges
A leader of yakuza, a Japanese organized crime syndicate, pleaded guilty in New York to charges of trafficking nuclear materials, prosecutors said.CNBC - Jan. 8 -
Anthropic in Talks for $2 Billion Funding Round
The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.The New York Times - Jan. 8 -
Shutterstock and Getty Merge to Meet AI Challenge in $3.7 Billion Deal
The two big players in the licensed visual content will pair up to counter threats from artificial intelligence tools like Midjourney.Inc. - Jan. 8 -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - Jan. 8 -
Sources: Verlander, Giants agree to 1-year deal
Justin Verlander agreed to a one-year, $15 million contract with the San Francisco Giants, sources told ESPN.ESPN - Jan. 8 -
Ozempic maker Novo Nordisk, after trial disappointment, expands AI deal in potential $4.6 billion pact
At least four analysts weighed in on the prospects for Europe’s second-largest company, Novo Nordisk, after the Danish drugmaker reported disappointing results for its next-generation weight-loss ...MarketWatch - Jan. 8 -
Amid fears about Hollywood's future, L.A. approves $1-billion Television City project
The debate over the project has played out amid a downturn in the region's entertainment industry, with studios taking their film and television productions elsewhere.Los Angeles Times - Jan. 8 -
Report: Giants reach 1-year, $15 million deal with 9-time All-Star Justin Verlander
The three-time Cy Young winner will turn 42 in February.Yahoo Sports - Jan. 8 -
Trump Blurs Lines in $20 Billion Data Center Announcement and Other Deals
Even before the start of the new administration, there has been repeated blurring of lines between the federal government efforts and Trump family businesses.The New York Times - Jan. 7 -
Getty Images, Shutterstock to Combine in $3.7 Billion Deal
Getty shareholders will own about 54.7% of the combined company, which will retain the Getty name. Shares of both companies surged on the news.The Wall Street Journal - Jan. 7 -
Anthropic in talks to raise funding at $60 billion valuation
AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.CNBC - Jan. 7 -
NBA Power Rankings: Cavaliers-Thunder is a battle of the best two teams, but who's No. 1?
Cleveland and Oklahoma City are on pace to win 73 and 70 games, respectively, and will face each other for the first time this season on Wednesday night.Yahoo Sports - Jan. 7 -
Online holiday spending rises nearly 9%, as deals and AI-powered chatbots fuel purchases, data shows
Online spending rose 8.7% during the holiday season from last year, according to data from Adobe Analytics, as deals and the use of AI-powered chatbots helped inspire purchases.NBC News - Jan. 7 -
Biden expands wind and solar tax credit to nuclear, hydropower, geothermal energy
The Biden administration on Tuesday finalized a guidance that expands a tax credit that has historically applied only to wind and solar power to a range of other energy technologies. Under a new ...The Hill - Jan. 7 -
Getty’s stock soars 42% after image company agrees to merge with Shutterstock in $3.7 billion deal
The deal is expected to generate annual cost synergies of $150 million to $200 million by year three and to boost earnings and cash flow by year two.MarketWatch - Jan. 7 -
1/6: The Daily Report
Lindsey Reiser reports on congress certifying the results of the 2024 presidential election, Canadian prime minister Justin Trudeau announcing his resignation, and a major winter storm system ...CBS News - Jan. 6 -
Phillips 66 to Buy EPIC NGL for $2.2 Billion
Phillips 66 will buy EPIC NGL for $2.2 billion to help the Houston oil refiner grow its Permian midstream business.The Wall Street Journal - Jan. 6 -
U.S. Steel, Nippon Steel Challenge Biden's Move to Kill $14.1 Billion Deal
The companies accuse the president, head of steelworkers union and Cleveland-Cliffs CEO of teaming up to block the transaction.The Wall Street Journal - Jan. 6 -
Stryker to Acquire Inari Medical in Deal Valued at $4.9 Billion
Inari makes mechanical thrombectomy solutions designed to treat peripheral vascular diseases. Stryker said the deal would be complementary to its neurovascular business.The Wall Street Journal - Jan. 6