Finance

Markets, economy, and industry.

  1. Industry

    Pratt & Whitney Grants Hermeus License to Produce F100 Fighter Engine

    Pratt & Whitney licensed its F100‑PW‑229 to Hermeus, allowing Hermeus to build the engine under P&W standards to boost U.S. capacity and speed Quarterhorse.

    · $RTX #defense #aerospace #manufacturing #hermeus #rtx

  2. Industry

    Cheniere Completes Final Train of Corpus Christi Stage 3, Making It U.S. No. 2 LNG Export Terminal

    Cheniere finished the final Stage 3 midscale train at its Corpus Christi LNG terminal, lifting nominal capacity to 3.1 Bcf/d and making it the U.S. No. 2.

    · $LNG #energy #lng #cheniere #corpuschristi

  3. Industry

    GAO: FAA’s Air-Traffic Modernization Lacks Full Cost Estimate and Master Schedule

    GAO says the FAA's BNATCS modernization is moving quickly but lacks a comprehensive lifecycle cost estimate and an integrated Phase 1 schedule.

    · #faa #gaoreport #airtraffic #aviation #modernization

  4. Industry

    Upper Tribunal Upholds Ban on Hedge‑fund Founder Crispin Odey, Cuts Fine to £1.53m

    Upper Tribunal backs FCA finding that Crispin Odey 'lacked integrity', upholds his ban from UK financial services and reduces the penalty to £1.53m.

    · #uk #finance #hedgefunds #regulation

  5. Industry

    PIF Weighs Folding EA Into Savvy Games as Saudi Fund Builds Gaming Portfolio

    Saudi Arabia’s sovereign wealth fund is reportedly considering moving Electronic Arts under its Savvy Games unit as it scales gaming assets.

    · $EA #pif #electronicarts #savvygames #gaming #mergers

  6. Industry

    SEC Takes First Formal Step to Rescind Rule 14a-8, Potentially Shifting Shareholder-Proposal Power to States

    The SEC sent a draft to the White House to rescind Rule 14a-8, which could move oversight of shareholder proposals from a federal standard to state laws.

    · #sec #shareholderproposals #corporategovernance #rule14a8

  7. Industry

    Nearly 1,900 Blizzard Workers Ratify First Union Contracts with Microsoft

    On Sept. 9 nearly 1,900 Blizzard employees ratified contracts with Microsoft, winning pay raises, layoff protections, AI bargaining and a three-day hybrid week.

    · $MSFT #blizzard #microsoft #union #videogames #cwa

  8. Industry

    Verizon, Corning sign multibillion-dollar deal to lock in 80+ million miles of fiber through 2032

    Verizon agreed a multibillion-dollar deal with Corning to reserve 80+ million miles of optical fiber for broadband and AI backbone networks through 2032.

    · $VZ $GLW #verizon #corning #fiber #broadband #ai

  9. Industry

    Orionx begins permanent closure after audit finds more than $7 million missing

    Chile's Orionx said Sept. 3 it is closing after a forensic audit found $7M+ in customer assets moved to external wallets; withdrawals suspended.

    · #cryptocurrency #chile #fintech #orionx

  10. Industry

    Washington Regulators Seek to Revoke CoinFlip License, Impose $1.03M Fine Over Alleged AML, Consumer-Protection Failures

    Washington’s DFI charged CoinFlip with anti-money-laundering and consumer-protection failures, seeking license revocation, refunds and a $1.03M fine.

    · #crypto #regulation #coinflip #consumerprotection

  11. Industry

    SEC Proposes Rescinding 2010 'Pay‑to‑Play' Rule for Investment Advisers

    The SEC proposed rescinding its 2010 'pay‑to‑play' rule barring advisers from paid government work after certain political donations; public comment is open.

    · #sec #regulation #investmentadvisers #paytoplay

  12. Industry

    SEC Division of Corporation Finance Ends No-Action Responses for Rule 14a-8 Shareholder Proposals

    SEC’s Corporation Finance will stop issuing nonbinding no-action and no-objection replies on Rule 14a-8 shareholder proposals, shifting disputes away from staff review.

    · #sec #shareholder-proposals #corporate-governance #rule-14a-8

  13. Industry

    Polish Media Say Zondacrypto Founder Przemysław Kral Is Cooperating With Prosecutors in Probe Over 2.4bn Zloty Losses

    Polish outlets report Zondacrypto founder Przemysław Kral is cooperating with prosecutors and seeking sentence mitigation in a probe into at least 2.4bn zloty losses.

    · #zondacrypto #poland #cryptocurrency #investigation

  14. Industry

    FTC, Five States Ask Court to Undo Zillow-Redfin Deal and Force Redfin Back Into Rental Ads

    FTC and five state attorneys general proposed undoing Zillow’s $100M deal with Redfin and would require Redfin to restart its rental-advertising business.

    · #zillow #redfin #antitrust #realestate

  15. Industry

    11th Circuit Vacates DOT Order, Keeps Delta–Aeroméxico Joint Venture Intact

    The 11th Circuit on Aug. 20 vacated a DOT order forcing Delta and Aeroméxico to unwind their antitrust‑immunized joint venture, preserving the partnership.

    · $DAL #airlines #antitrust #delta #aeromexico

  16. Industry

    STB restarts review of Union Pacific–Norfolk Southern merger, revives environmental review

    The Surface Transportation Board lifted the merger proceeding out of abeyance, reviving the environmental review and setting deadlines for public comments.

    · $UNP $NSC #rail #merger #unionpacific #norfolksouthern #stb

  17. Industry

    Teamsters Ask New York to Probe Amazon Over Delivery-Contractor Layoffs, Say Thousands Lost Jobs

    Teamsters file Aug. 18 complaint alleging Amazon’s delivery-contractor network failed to give WARN notices, citing 3,500+ job losses in New York.

    · #amazon #teamsters #labor #warnact #delivery

  18. Industry

    Ottawa Pledges $10 Billion to Back Nearly $70 Billion Clean Power Buildout in Labrador and Quebec

    Ottawa will provide $10B to support a nearly $70B clean-energy package centered on Churchill Falls, Gull Island, Labrador wind and transmission.

    · #canada #cleanenergy #hydro #labrador

  19. Industry

    Flock Safety cuts default license-plate data retention to seven days, adds 'Evidence Mode' and new search limits

    Flock Safety will cut default ALPR data retention from 30 to seven days, add Evidence Mode and mandatory misuse detection — but existing customers keep prior settings.

    · #flock #alpr #surveillance #privacy