Finance

Markets, economy, and industry.

  1. Industry

    TeraWulf Signs 20-Year Lease with Anthropic for Kentucky AI Campus, Sees $19 Billion in Contracted Lease Revenue

    TeraWulf said Anthropic will lease a 401 MW AI/HPC campus in Hawesville, Kentucky under a 20-year deal the company values at about $19 billion.

    · $WULF #terawulf #anthropic #ai #datacenters

  2. Industry

    FCA review warns agentic AI could reshape UK retail financial services by 2030, sets out seven regulatory steps

    FCA review warns agentic AI could reshape UK retail financial services by 2030 and recommends seven regulatory steps to manage benefits and risks.

    · #ai #financial-services #regulation #fca

  3. Industry

    Navient says law-firm ransomware exposed borrower Social Security numbers

    Navient told the SEC a ransomware attack on an outside law firm accessed borrower data — including names, addresses, dates of birth and Social Security numbers.

    · $NAVI #navient #data-breach #cybersecurity #student-loans

  4. Industry

    Krafton, Unknown Worlds Settle Earnout Dispute Over Subnautica 2; CEO Ted Gill to Step Down

    Krafton and Unknown Worlds reportedly settled a yearlong earnout dispute over up to $250M tied to Subnautica 2, with bonuses reportedly extended to all staff.

    · #krafton #unknownworlds #subnautica2 #earnout

  5. Industry

    South Korea targets Chungcheong with 392 trillion-won AI and semiconductor investment package

    Seoul-backed 392 trillion-won package, led by Samsung and SK hynix, funds HBM, NAND, advanced packaging, AI data centers and biopharma in Chungcheong.

    · #southkorea #semiconductors #ai #samsung #skhynix

  6. Industry

    Former Goliath Ventures CEO Christopher Delgado Pleads Guilty in Crypto Fraud Case

    Ex-Goliath Ventures CEO Christopher Delgado pleaded guilty to conspiracy, wire fraud and money laundering in a crypto scheme tied to hundreds of millions of dollars.

    · #cryptocurrency #fraud #finance #goliathventures

  7. Industry

    DISH DBS and DISH Wireless file prepackaged Chapter 11 after AT&T spectrum-sale delay

    DISH DBS and DISH Wireless filed prepackaged Chapter 11 on June 30 after an AT&T spectrum-sale delay left them unable to meet a $2.0bn July 1 debt.

    · #dish #echostar #bankruptcy #spectrum #att

  8. Industry

    U.K. FCA Publishes Final Crypto Rulebook, Sets Mandatory Authorization by Oct. 25, 2027

    The U.K. FCA finalizes a comprehensive crypto rulebook and timetable, requiring authorization by Oct. 25, 2027, with rules for platforms, custodians and stablecoins.

    · #crypto #regulation #uk #stablecoins

  9. Industry

    Rocket Lab to Buy Iridium for About $8 Billion, Adding Global Satellite Network

    Rocket Lab will buy Iridium for about $8 billion in cash and stock, gaining a global LEO communications network, licensed spectrum and 2.55M subscribers.

    · $RKLB $IRDM #rocketlab #iridium #mergers #satellites #space

  10. Industry

    Honeywell completes aerospace spin-off; Honeywell Aerospace begins trading as HONA

    Honeywell completed its breakup, spinning off Honeywell Aerospace (ticker HONA) while the remaining company, Honeywell Technologies, continues trading as HON.

    · $HON $HONA #honeywell #spin-off #aerospace #automation #stocks

  11. Industry

    BT Group and Verizon to form 50:50 joint venture for international enterprise services

    BT Group and Verizon will combine international enterprise operations into a 50:50 joint venture serving 3,000+ customers in 180+ countries; deal expected in 2027.

    · $VZ $BT.A #btgroup #verizon #jointventure #networking

  12. 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

  13. 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

  14. 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

  15. 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

  16. 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

  17. 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

  18. 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

  19. 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