Finance

Markets, economy, and industry.

  1. 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

  2. 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

  3. 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

  4. 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

  5. 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

  6. 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

  7. 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

  8. 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

  9. 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

  10. 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

  11. 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

  12. 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

  13. 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

  14. 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

  15. 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

  16. 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

  17. 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

  18. 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

  19. 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