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.
Finance
Markets, economy, and industry.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
Industry
Home Depot CEO Ted Decker to Take Temporary Medical Leave; Leadership Split Announced
Home Depot said CEO Ted Decker is taking a temporary medical leave; Ann-Marie Campbell and CFO Richard McPhail will share interim leadership while Decker recovers.
-
Industry
Archer to Acquire Wisk, Insitu and SkyGrid from Boeing; Boeing to Take Stake
Archer will buy Boeing’s Wisk, Insitu and SkyGrid to add autonomy, defense drones and airspace software while Boeing takes an equity stake.
-
Industry
Trump Imposes Minimum Import Prices and New Duties on Polysilicon and Solar Products
Trump invokes national-security trade powers to set minimum import prices and duties on polysilicon and solar products and launches an onshoring incentive program effective Dec. 4.
-
Industry
Amazon Pharmacy to Deliver GLP-1 Weight-Loss Drugs to Medicare Beneficiaries at $50 Monthly Copay
Amazon Pharmacy will deliver certain GLP1 weight-loss medicines to eligible Medicare beneficiaries for a $50 monthly copay under the Medicare GLP-1 Bridge demonstration.
-
Industry
Allegiant Pilots Ratify Contract, Win Immediate 40% Average Hourly Pay Hike and $300M in Retention Bonuses
Allegiant pilots ratified a two-year deal that delivers an immediate average 40% hourly pay increase, unlocks about $300M in retention bonuses and expands benefits.