Industry

Industry

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

industry

Baker Tilly and Moss Adams Announce $7 Billion Merger to Form Sixth-Largest U.S. CPA Firm

Baker Tilly and Moss Adams merge to form the sixth-largest U.S. CPA firm, aiming for $6 billion in revenue by 2030.

#business, #merger, #accounting, #baker tilly, #moss adams

industry

BNP Paribas CEO Optimistic Amid European Investment Banking Prospects

BNP Paribas CEO anticipates a surge in European corporate activities, emphasizing investment opportunities despite global economic uncertainties.

#investment banking, #BNP Paribas, #Europe, #corporate activities

industry

Boeing CEO Confident Amid Escalating U.S.-China Trade Tensions, Navigates Delivery Challenges

Despite U.S.-China trade tensions, Boeing remains confident in financial recovery and delivery targets, navigating geopolitical disruptions.

#boeing, #trade tensions, #china, #aircraft delivery, #aviation industry

industry

European Banks Face Earnings Challenges Amid U.S. Tariff Increases

Escalating U.S. tariffs threaten European bank earnings with increased risks and market volatility.

#european banks, #us tariffs, #trade tensions, #financial market

industry

Blackstone Infrastructure to Acquire Safe Harbor Marinas for $5.65 Billion

Blackstone Infrastructure to buy Safe Harbor Marinas for $5.65B, spotlighting marina industry's growth and strategic shifts by major firms.

#blackstone, #safe harbor marinas, #marina industry, #acquisition

industry

Tesla Faces Financial Setback as Musk Pledges to Reduce Government Role

Tesla reported a 39% income drop in Q1 2025, tied to CEO Musk's political ties. Musk vows to refocus on Tesla amidst declines.

#tesla, #elon musk, #electric vehicles, #finance

industry

Roche to Invest $50 Billion in U.S. Amid Trade Tensions

Roche announces $50 billion U.S. investment plan, aiming for 12,000 new jobs, amid trade tensions and potential tariffs.

#pharmaceuticals, #roche, #trade, #us, #jobs

industry

Celsius Network Founder Alex Mashinsky Sentenced for Fraud

Alex Mashinsky, ex-CEO of Celsius Network, sentenced for fraud after misleading investors and manipulating token prices, causing massive losses.

#cryptocurrency, #fraud, #celsius network, #alex mashinsky

industry

Paramount Global and Skydance Media Announce Major Merger to Form 'New Paramount'

Paramount Global and Skydance Media merge to form "New Paramount," aiming to strengthen in the competitive streaming landscape.

#paramount, #skydance, #media merger, #entertainment, #streaming

industry

Anna Nordstrom Appointed Permanent Head of New York Fed's Markets Group

Anna Nordstrom becomes permanent head of New York Fed's Markets Group, pivotal in implementing monetary policy amid economic challenges.

#federal reserve, #anna nordstrom, #new york fed, #monetary policy

industry

Spirit Airlines Names Dave Davis as New CEO Amid Strategic Shift Post-Bankruptcy

Spirit Airlines appoints Dave Davis as CEO to lead strategic transformation after emerging from bankruptcy, shifting towards premium services.

#spirit airlines, #airline industry, #bankruptcy, #ceo, #premium service

industry

AI Sparks Wave of Mergers in US Power Sector in Early 2025

AI applications drive a surge in mergers within the US power sector to meet rising energy demands of data centers.

#ai, #mergers, #us power sector, #energy demand, #data centers

industry

Elon Musk Plans Visit to India Amid Tesla's Strategic EV Market Entry

Elon Musk announces plans to visit India as Tesla moves toward entering the Indian EV market, following policy changes favoring global manufacturers.

#elon musk, #tesla, #india, #electric vehicles, #ev market

industry

UK Supreme Court to Hear Appeal on Motor Finance Commission Ruling

The UK Supreme Court will review a case challenging undisclosed commissions to car dealers, potentially reshaping the motor finance industry.

#uk, #motor finance, #supreme court, #consumer rights, #commissions

industry

Kalshi Expands Prediction Market Nationwide, Igniting Regulatory Debate

Kalshi's U.S. expansion sparks regulatory debates on prediction markets and gambling classification.

#prediction markets, #kalshi, #regulation, #cftc, #us expansion