Industry

Industry

Corporate operations and sector-specific developments. M&A, executive appointments, industrial policy, manufacturing, energy, and regulatory affairs.

industry

Ultragenyx Agrees to Sell FDA Rare Pediatric-Disease Priority Review Voucher for $203 Million

Ultragenyx said it agreed to sell a rare pediatric disease priority review voucher tied to gene therapy FAYUVI for $203M, its second PRV sale this month.

$RARE, #biotech, #ultragenyx, #prv, #raredisease

industry

Treasury Hits Bank of America With $1.21 Billion Enforcement Package Over AML, Sanctions Failures

Treasury fines Bank of America ~$1.21B for anti‑money‑laundering and sanctions lapses; penalties, remediation and lookbacks required through 2028.

$BAC, #bankofamerica, #aml, #fincen, #ofac, #enforcement

industry

General Dynamics elects Danny Deep as CEO effective Jan. 1, 2027; Novakovic to become executive chairman

General Dynamics' board elected President Danny Deep to become CEO on Jan. 1, 2027; longtime chief Phebe Novakovic will move to executive chairman.

$GD, #generaldynamics, #leadership, #defense, #succession

industry

Wizards of the Coast to Add Ultra‑Rare 'God Packs' to Magic Boosters Starting with 2027 Nauctis Set

Wizards will insert ultra‑rare “God Packs” into Magic booster products starting with the Nauctis set; they’ll appear roughly 1-in-1,000 in draft packs and 1-in-300 in Collector Boosters.

#magic_the_gathering, #wizards_of_the_coast, #trading_card_games, #gaming_industry

industry

Judge Refuses to Dismiss Antitrust Claims Against RealPage and Major Landlords Over Rent‑Pricing Software

A federal judge denied motions to dismiss claims that RealPage's rent‑pricing software and landlords coordinated rents, keeping the states' case alive in federal court.

#antitrust, #realpage, #rent, #housing

industry

RTX Announces Up to $24.4 Billion Navy Contract for SM-6 Interceptors; Pentagon Notice Not Yet Posted

RTX said a five-year, up to $24.4bn deal will supply SM-6 missiles to the U.S. Navy, but a matching Pentagon contract notice had not yet appeared.

$RTX, #defense, #navy, #missiles, #rtx

industry

FedEx Completes Sale of FedEx Supply Chain to CMA CGM, Expanding CEVA in North America

FedEx has closed the $1.4B sale of its Supply Chain unit to CMA CGM, boosting CEVA’s North American footprint and letting FedEx focus on core operations.

$FDX, #fedex, #cmacgm, #logistics, #supplychain

industry

FCA opens applications for crypto firms to seek full UK authorization

The FCA opened applications for crypto firms to seek full UK authorization, with an application window from Sept. 30, 2026 and a Feb. 28, 2027 deadline.

#uk, #crypto, #regulation, #fca

industry

Eric Cantor Named PhRMA President and CEO, Taking Helm Nov. 9

Former House Majority Leader Eric Cantor will become PhRMA’s president and CEO on Nov. 9, succeeding Stephen Ubl and stepping into the drug industry’s top advocacy role.

#pharma, #healthcare, #ericcantor, #tradeassociation

industry

RTX says Raytheon unit won up to $20.7 billion AMRAAM multiyear contract

RTX said a Raytheon unit secured a five-year multiyear deal worth up to $20.7B to expand AIM-120 AMRAAM production amid a Pentagon munitions push.

$RTX, #rtx, #defense, #amraam, #missiles

industry

FTC, 12 States Propose 10-Year Ban on Corteva Loyalty Programs, $35 Million Settlement

FTC and 12 states seek 10-year ban on Corteva loyalty programs that regulators say blocked lower-priced generic pesticides; Corteva to pay $35M.

$CTVA, #antitrust, #agriculture, #corteva, #competition

industry

Turkish Airlines finalizes order for up to 150 Boeing 737 MAX jets, 100 firm

Turkish Airlines finalizes purchase of up to 150 Boeing 737 MAX planes — 100 firm — with deliveries scheduled for 2033–2037, boosting Boeing's backlog.

$BA, $THYAO, #boeing, #turkishairlines, #aviation, #737max, #aerospace

industry

U.S. Uranium Output Tripled in 2025 to Highest Since 2017, Still Only 7% of Reactor Supply

U.S. uranium concentrate production rose to about 2.1 million pounds in 2025, highest since 2017, but supplied only ~7% of U.S. reactor purchases.

#uranium, #nuclear, #energy, #mining, #eia

industry

U.S. Prosecutors Reportedly Probe Whether Binance Enabled Iran Sanctions Violations

Reports say federal prosecutors are investigating whether Binance allowed trades that violated U.S. sanctions on Iran; the probe is reported and no charges have been filed.

#crypto, #binance, #sanctions, #doj, #iran

industry

States Reach Settlement Imposing Five-Year Conditions on Paramount–Skydance–Warner Bros. Discovery Merger

Twelve state attorneys general, led by California, agreed to a proposed settlement imposing five years of output, production and worker protections on the merger.

#antitrust, #merger, #entertainment, #film, #streaming