Finance

Markets, economy, and industry.

  1. Industry

    Lockheed Martin Says U.S. Award Could Provide Up to $35 Billion to Accelerate THAAD Production

    Lockheed Martin says a seven-year U.S. award could fund up to $35 billion to ramp THAAD interceptor production — but it’s an undefinitized contract.

    · $LMT #lockheed #defense #missiles #procurement #thaad

  2. Industry

    DOE Issues Conditional $17.5 Billion Loan Commitment to Support Up to 10 Westinghouse AP1000 Reactors

    DOE has offered a conditional commitment of up to $17.5B to finance long‑lead equipment purchases for as many as 10 Westinghouse AP1000 reactors, aiming to speed builds.

    · #nuclear #energy #doe #westinghouse

  3. Industry

    U.S. Reaches Consent Decree With Chemours Requiring Over $450 Million for PFAS Cleanup

    DOJ, EPA and West Virginia settled with Chemours in a federal consent decree requiring more than $450M in penalties, controls and drinking-water measures for PFAS releases.

    · $CC #pfas #chemours #doj #environment

  4. Industry

    Kadokawa CEO Survives Shareholder Vote as Activist Oasis Becomes Largest Shareholder

    Kadokawa CEO Takeshi Natsuno survived a shareholder vote, but activist Oasis raised its stake to become the largest shareholder and will keep pressing over FromSoftware profits.

    · $9468.T #kadokawa #fromsoftware #eldenring #shareholderactivism #japan

  5. Industry

    Iceland to Join ECB’s Instant-Payments Platform, Bringing the króna to TIPS in 2028

    The ECB and Iceland’s central bank agreed to add the króna to the Eurosystem’s instant-payments platform TIPS from 2028, extending multicurrency settlement.

    · #payments #ecb #iceland #instantpayments

  6. Industry

    iRhythm Says Data Exfiltrated From Third‑Party Business Apps; Devices, Patient Care Unaffected

    iRhythm reported that data was exfiltrated from third‑party business applications; its devices and clinical systems were not affected, and the investigation is ongoing.

    · $IRTC #irhythm #cybersecurity #data-breach #healthcare

  7. Industry

    SunZia Wind Project Starts Commercial Operations, Becomes U.S.'s Largest Wind Farm

    SunZia’s 3,650 MW wind project in New Mexico began commercial operations, paired with a 550-mile HVDC line to send about 3,000 MW to western markets.

    · #wind #renewable-energy #new-mexico #transmission

  8. Industry

    Unions Score Late-May Wins Across REI, Netflix Animation, Seattle Hospitals, Nevada State Offices and Weyerhaeuser

    In late May, workers won votes and contracts across retail, entertainment, health care, public sector and timber — from REI to Netflix Animation.

    · #labor #unions #organizing #contracts

  9. Industry

    ECB to Send 'Dear CEO' Letter Urging Banks to Bolster Operational Resilience as AI Use Grows

    ECB will send a sector-wide 'dear CEO' letter urging banks to strengthen operational resilience as AI adoption rises and cyber risks intensify.

    · #ecb #banking #ai #cybersecurity #dora

  10. Industry

    SEC Proposes Rescinding 2024 Climate-Disclosure Rule, Opens Public Comment

    The SEC proposed on May 29 to rescind its 2024 climate-disclosure rule, shifting the fight from court defense to rulemaking and public comment.

    · #sec #climate #disclosure #rulemaking

  11. Industry

    FTC Sues Amare Global, Accusing Supplement Seller of False Mental‑Health Claims for Children and Deceptive Earnings Promises

    FTC sued Amare Global and three individuals, alleging the MLM falsely promoted supplements as treating depression, anxiety and ADHD in children and misled recruits about earnings.

    · #ftc #supplements #mlm #consumerprotection

  12. Industry

    FTC to Allow Ascension’s $3.9 Billion Acquisition of AmSurg Only After Sale of Seven Surgery Centers

    FTC will let Ascension buy AmSurg only if it sells seven ambulatory surgery centers across five U.S. metro areas to preserve local competition.

    · #antitrust #healthcare #ascension #amsurg #ftc

  13. Industry

    STB Accepts Revised Union Pacific–Norfolk Southern Merger Filing, Holds Review in Abeyance

    STB accepted Union Pacific and Norfolk Southern’s revised merger filing for consideration but put the review and environmental study on hold, seeking more info by July 27.

    · $UNP $NSC #rail #merger #transportation #stb

  14. Industry

    Massachusetts Certifies App Drivers Union, Giving 70,000 Uber and Lyft Drivers the Right to Bargain

    Massachusetts has certified the App Drivers Union as the statewide bargaining representative for about 70,000 Uber and Lyft drivers under a 2024 law.

    · #labor #rideshare #uber #lyft #massachusetts

  15. Industry

    Former Hodlnaut CEO Charged in Singapore Over Alleged False Claims About UST Losses

    Singapore police charged ex-Hodlnaut CEO Zhu Juntao with six fraud counts, accusing him of misleading users about the company’s TerraUSD exposure after UST’s 2022 collapse.

    · #hodlnaut #terraust #crypto #fraud

  16. Industry

    New York Hotel Workers, Employers Reach Tentative 8-Year Deal With Record Wage Gains

    A tentative eight-year contract for roughly 25,000–27,000 New York hotel workers would boost wages, add paid parental leave, AI protections and housing funds.

    · #labor #hotels #newyork #union #wages

  17. Industry

    34 State Attorneys General Ask Court to Break Up Live Nation and Ticketmaster

    A bipartisan coalition of 34 state attorneys general asks a federal judge to force Live Nation to divest Ticketmaster and select amphitheaters.

    · $LYV #antitrust #livenation #ticketmaster #law

  18. Industry

    U.S., Boeing and Lockheed Set Seven-Year Plan to Triple PAC-3 Seeker Production

    U.S., Boeing and Lockheed set a seven-year framework to triple PAC-3 MSE seeker production, easing a key supply-chain bottleneck for Patriot interceptors.

    · $BA $LMT #defense #patriot #boeing #lockheed

  19. Industry

    Warren Challenges OCC Over Crypto National Trust Charters

    Sen. Elizabeth Warren requested OCC charter applications and legal analyses, arguing crypto trust charters let firms perform bank-like activities beyond legal limits.

    · $COIN #crypto #occ #regulation #elizabethwarren