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Schneider Electric is in talks to take control of the engineering-software company Bentley Systems in a deal that could be valued at more than $15 billion.
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Cruise operator Viking’s IPO values company at $10.36 billion to mark biggest deal of year
Viking’s stock jumped 9% in initial trades on the New York Stock Exchange on Wednesday.MarketWatch - Business -
Microsoft signs deal to invest more than $10 billion on renewable energy capacity to power data centers
Microsoft and Brookfield Asset Management will develop 10.5 gigawatts of renewable energy, in a deal they describe as the largest of its kind.CNBC - Business - Microsoft -
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 -
Sen. Whitehouse: Climate change could crash the financial system
Welcome to The Hill's Sustainability newsletter {beacon} Sustainability Sustainability The Big Story Sen. Whitehouse: Climate change could crash the financial system Climate change’s impact on insurance companies is putting the U.S. in danger ...The Hill - Politics - Climate -
DATELINE FRIDAY PREVIEW: If These Walls Could Talk
Keith Morrison reports Friday, May 3 at 9/8c on NBC.NBC News - Top stories -
Informatica logs earnings beat, following acquisition flirtation with Salesforce
Informatica beat expectations with its latest quarterly results, but its stock wasn’t reacting.MarketWatch - Business -
Peloton CEO Barry McCarthy to step down, company to lay off 15% of staff as it looks to refinance debt
Peloton announced Thursday that CEO Barry McCarthy will be stepping down just over two years after he took over from founder John Foley.CNBC - Business -
Peloton CEO Barry McCarthy to step down, company to lay off 15% of staff as it looks to refinance debt
Peloton announced Thursday that CEO Barry McCarthy will be stepping down and the company will lay off 15% of its staff because it “simply had no other way to bring its spending in line with its revenue.”NBC News - Top stories -
AI StartupCoreWeaveNearly Triples Valuation to $19 Billion in Five Months
Nvidia-backed company raises $1.1 billion from investors including Fidelity, Magnetar Capital.The Wall Street Journal - Tech - Artificial Intelligence -
Mexico proudly controls its energy but could find it hard to reach its climate goals
Mexico's taking control of its oil from U.S. and British companies is taught in schools and celebrated every yearABC News - World - Climate
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U.S. Natural Gas Futures Rise Ahead Of Inventories Report
U.S. natural gas futures were higher ahead of the EIA’s storage report.The Wall Street Journal - World -
Cigna Raises Guidance for 2024
The health insurer also reported earnings that beat Wall Street’s expectations, a result that may calm investors worried about rising costs hitting health insurers’ results.The Wall Street Journal - World -
Apple Revenue Expected to Decline
The tech giant has been hit by a range of issues in recent months. It and Tesla are the only two of the “Magnificent Seven” big tech stocks in the red in 2024.The Wall Street Journal - World - Apple -
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