$12 Billion Vinyl Industry
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BHP makes $39 billion bid for Anglo American in mining mega play
Mining giant BHP Group on Thursday said it had made an all-share takeover offer for rival Anglo American, valuing the company at £31.1 billion ($38.9 billion).CNBC - Business -
BHP has offered to buy Anglo American, a long-time rival with a market capitalization of about $35 billion, in a potential megadeal that could reshape the global mining industry.
BHP has offered to buy Anglo American, a long-time rival with a market capitalization of about $35 billion, in a potential megadeal that could reshape the global mining industry.The Wall Street Journal - World -
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STMicroelectronics slashes guidance over slump in automotive industry
The Swiss chipmaker reported an 18.4% drop in its first-quarter sales as it cut its guidance for the year.MarketWatch - Business -
An Industry Veteran Drew on Family History to Create a Brand
Neil Duckworth designs watches that have a distinctly vintage feel at a price “I would spend myself.”The New York Times - Lifestyle -
Meta tumbles 10% on weak revenue forecast and Zuckerberg's comments on spending
Meta shares tumbled on Thursday after the company issued weak revenue guidance that overshadowed its first-quarter earnings beat.CNBC - Business -
12:30 Report — Trump’s NYC, DC courtroom split-screen
{beacon} View Online 12:30 REPORT Happy Thursday! I’ve been off for only a few days and I feel like I could write an entire “We Didn’t Start the Fire” song with all of the news I missed. But anyway, here’s what’s happening *today*: The Supreme ...The Hill - Politics -
Alphabet shares jump 14% on earnings beat, first-ever dividend
Alphabet reported better-than-expected earnings on Thursday and announced its first dividend.CNBC - Business -
NFL draft 2024: Falcons shock with Penix Jr quarterback pick – live
USC’s Caleb Williams selected first overall by BearsSix quarterbacks go in the top 12 picksHigh demand and supply set to create a glut of first-round QBsSend Oliver a tweet at @OllieConnolly at or email himRoger Goodell walks out to a rousing ...The Guardian - World - NFL -
12:30 Report — Trump returns to 'freezing' courtroom as defense finishes David Pecker cross-examination
{beacon} 12:30 REPORT It’s Friday! And happy White House Correspondents’ Association dinner weekend to all who celebrate!! The ex-publisher of the National Enquirer is testifying again today in former President Trump’s hush money trial. The ...The Hill - Politics - Donald Trump -
Transportation stocks sink, with industry ETF booking biggest drop since October
Transportation stocks were punished Wednesday, with sharp drops weighing on an exchange-traded fund whose top holdings include airlines, railroads and a trucking company.MarketWatch - Business -
Legislation banning TikTok is coming this week. How will it affect the music industry?
While the legislation would have profound impacts across the tech, political, entertainment, media and marketing worlds, music may be hit especially hard.Los Angeles Times - Entertainment - Tiktok -
McKinsey faces US criminal investigation over opioid industry work
Grand jury set up to hear evidence on consulting for drugmakers tied to addiction epidemicFinancial Times - Business -
McKinsey faces US criminal investigation over opioid industry work
Grand jury set up to hear evidence on consulting for drugmakers tied to addiction epidemicFinancial Times - Business -
Southwest to Exit Four Airports, Facing Financial Weakness and Boeing Problems
Southwest Airlines is pulling out of some airports and cutting costs as it grapples with lackluster earnings and delays of new Boeing planes.The Wall Street Journal - World -
As ketamine therapy booms, industry insiders worry about patient safety
Ketamine has become a popular alternative treatment for depression and other mental-health ailments — but doctors and regulators are increasingly concerned about its risks.MarketWatch - Business -
Southwest to Exit Four Airports, Facing Financial Weakness and Boeing Problems
Southwest Airlines is pulling out of some airports and cutting costs as it grapples with lackluster earnings and delays of new Boeing planes.The Wall Street Journal - Business -
Why is Oracle moving to Nashville? Because this one industry is thriving there.
The town known as Music City is striking a chord as a tech hub, and Oracle Corp. is about to join the chorus.MarketWatch - Business -
US has seen evidence of attempts by China to influence election, says Blinken
Secretary of state met Xi Jinping in Beijing and warned of sanctions over China’s support for Russian arms industry. Washington has seen evidence of attempts by Beijing to “influence and arguably interfere” in this year’s US elections, the ...The Guardian - World - China -
Cannabis banking measure to be left out of FAA bill, industry exec says
Dutchie’s Bryan Barash said he’s disappointed that the SAFER Banking Act won’t be included in FAA funding bill.MarketWatch - Business -
Intel used to dominate the U.S. chip industry. Now it's struggling to stay relevant
Intel has missed most of the significant technology transitions over the past 15-plus years, losing its standing in the chip industry along the way.CNBC - Business -
Intel used to dominate the U.S. chip industry. Now it's struggling to stay relevant.
Intel’s long-awaited turnaround looks farther away than ever after the company reported dismal first-quarter earnings.NBC News - Top stories -
Facility seen polluting part of anti-pollution program promoted by plastics industry
A plastics facility accused of polluting a Malaysian river is tied to Operation Clean Sweep, an anti-pollution program promoted by the U.S. plastics industry.ABC News - Top stories -
Why the AI Industry's Thirst for New Data Centers Can't Be Satisfied
The lead time to get custom cooling systems is five times longer than a few years ago, and delivery times for backup generators have gone from as little as a month to as long as two years.The Wall Street Journal - Tech -
CVC Soars in of Amsterdam Trading Debut
CVC shares rose 24% on the first day of trading on Amsterdam’s stock exchange, after the buyout firm priced its IPO at the mid point of its previously guided range, implying a market capitalization of $15 billion.The Wall Street Journal - World -
Micron Will Receive $6.1 Billion to Build Semiconductor Plants
The grant to the memory chipmaker is the latest federal award aimed at boosting U.S. chip manufacturing.The New York Times - Tech -
IBM to Buy HashiCorp in $6.4 Billion Deal
IBM will pay $35 a share for the cloud-software company in cash, giving the company access to HashiCorp’s roster of some 4,400 clients.The Wall Street Journal - World -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Top stories -
Ukrainian ambassador discusses $61 billion aid package
After months of negotiations, debate and Capitol Hill visits from foreign leaders, a much-anticipated foreign aid bill finally became law Wednesday with President Biden's signature. Oksana Markarova, Ukrainian ambassador to the U.S., joins CBS ...CBS News - Top stories - Ukraine -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Business -
IBM to Buy HashiCorp in $6.4 Billion Deal
IBM will pay $35 a share for the cloud-software company in cash, giving the company access to HashiCorp’s roster of some 4,400 clients.The Wall Street Journal - Business -
Mining Giants Weigh $39 Billion Megadeal
Mining giant BHP has offered to buy longtime rival Anglo American in a deal that could reshape the global industry.The Wall Street Journal - World -
Mining Giants Weigh $39 Billion Megadeal
Mining giant BHP has offered to buy longtime rival Anglo American in a deal that could reshape the global industry.The Wall Street Journal - World -
In Silicon Valley, You Can Be Worth Billions and It’s Not Enough
Andreas Bechtolsheim, the first investor in Google, has an estimated $16 billion fortune. He recently settled charges that he engaged in insider trading for a profit of $415,726.The New York Times - Tech -
Mining Giants Weigh $39 Billion Megadeal
Mining giant BHP has offered to buy longtime rival Anglo American in a deal that could reshape the global industry.The Wall Street Journal - Business -
Alphabet’s Revenue Jumps 15% to $80.5 Billion
Google’s parent company topped revenue and profit estimates and said that it would offer a stock dividend for the first time.The New York Times - Tech -
Anglo Rejects BHP's $39 Billion Bid
The U.K.-listed mining giant’s chairman said BHP’s proposal undervalues the company and is unattractive for its shareholders.The Wall Street Journal - World -
Anglo Rejects BHP's $39 Billion Bid
The London-listed mining giant said the bid “significantly undervalues” the company, setting the stage for a potential bidding war.The Wall Street Journal - Business -
CVC Soars in of Amsterdam Trading Debut
CVC shares rose 24% on the first day of trading on Amsterdam’s stock exchange, after the buyout firm priced its IPO at the mid point of its previously guided range, implying a market capitalization of $15 billion.The Wall Street Journal - Business -
Thoma Bravo agrees to buy Darktrace for $5 billion
Private-equity firm Thomas Bravo agreed to buy U.K. cybersecurity company Darktrace for $5 billion, in what would end the company’s brief but rocky spell as a listed company.MarketWatch - Business