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

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

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

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

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

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

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

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

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

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

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

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

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.

$HD, #homedepot, #ceo, #governance, #retail, #management

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.

$ACHR, $BA, #archer, #boeing, #aviation, #defense

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.

#trade, #tariffs, #solar, #polysilicon