Industry

AerCap Orders 15 Boeing 787-9s at Farnborough, Boosting Its 787 Fleet to About 140

Dublin-based lessor AerCap placed a firm order for 15 Boeing 787-9 Dreamliners at Farnborough, signaling sustained demand for modern widebodies.

$AER, $BA, #aviation, #aerospace, #boeing, #aercap, #leasing

MSC Air Cargo Orders Five Boeing 777-8 Freighters at Farnborough Airshow

MSC Air Cargo ordered five Boeing 777-8 freighters at the Farnborough Airshow, its first 777-8 purchase as demand for Boeing’s large freighter grows.

$BA, #boeing, #mscaircargo, #777-8, #aircargo

Judge Temporarily Blocks $110 Billion Paramount Skydance–Warner Bros. Discovery Merger

A federal judge in California issued a temporary restraining order halting the $110 billion Paramount Skydance–Warner Bros. Discovery merger while states press antitrust claims.

$WBD, #antitrust, #merger, #media, #entertainment

Xbox Restructures: About 3,200 Jobs Cut Through FY2027 as Company Refocuses on Fewer Franchises

Xbox will cut roughly 3,200 jobs through fiscal 2027 and shift from a broad studio-and-subscription model to concentrate on established franchises.

$MSFT, #xbox, #microsoft, #layoffs, #gaming, #gamepass

Honeywell Completes Acquisition of Johnson Matthey’s Catalyst Technologies

Honeywell completed its acquisition of Johnson Matthey’s Catalyst Technologies, boosting its catalysts and process-technology offerings for refining and renewable fuels.

$HON, $JMAT, #honeywell, #johnsonmatthey, #acquisition, #catalysts

Commerce Agrees to Fund Up to $225 Million for Bosch Silicon‑Carbide Chip Plant in Roseville

Commerce and Bosch signed a direct funding agreement for up to $225M to expand silicon‑carbide chip production at a Roseville, California plant.

#bosch, #semiconductors, #siliconcarbide, #chips, #roseville

Standard Chartered launches institutional USDC minting and redemption in Dubai, echoing BNY Mellon

Standard Chartered began offering eligible institutional clients USDC minting and redemption via its Dubai arm; BNY Mellon announced a similar Circle-linked service days earlier.

#stablecoin, #usdc, #banking, #circle, #bny

FTC Secures Proposed Record $12 Million Penalty Against Edwards Lifesciences for Alleged HSR Filing Violation

The FTC obtained a proposed record $12M penalty against Edwards and Genesis, alleging they structured a 2024 med-tech deal to dodge HSR filing requirements.

$EW, #edwardslifesciences, #antitrust, #mergers, #medtech

U.K. names AWS, Google Cloud, Microsoft and Oracle as first ‘Critical Third Parties’ for finance

HM Treasury designated AWS, Google Cloud, Microsoft and Oracle as the U.K.’s first Critical Third Parties, triggering joint Bank of England-FCA-PRA oversight.

#cloud, #financialregulation, #uk, #cloudproviders

Texas Filing Shows Most of id Software’s Public Headcount Cut in Microsoft Xbox Layoffs

Texas WARN filing shows 136 id Software layoffs tied to Microsoft's Xbox cuts, removing much of the studio's public headcount and raising concerns about lost technical knowledge.

$MSFT, #gaming, #layoffs, #microsoft, #idsoftware

FTC and Five States File Proposed 10-Year Repair-Access Settlement With John Deere

The FTC and five states filed a proposed settlement requiring John Deere to give farmers and independent repair shops dealer-equivalent software tools and manuals for 10 years.

$DE, #deere, #righttorepair, #antitrust, #ftc, #farmers

Apple deepens Broadcom tie with multiyear chip pact, $1.5 billion Fort Collins expansion

Apple and Broadcom extend ties through 2031 in deals set to exceed $30B, produce 15 billion U.S.-made chips and fund a $1.5B Fort Collins expansion.

$AAPL, $AVGO, #apple, #broadcom, #chips, #manufacturing, #fortcollins

Judge Revives New York Fraud Claim Against DCG and Barry Silbert in Genesis Yield Lawsuit

A Connecticut federal judge revived a New York common-law fraud claim against Digital Currency Group and Barry Silbert in the Genesis Yield investor suit.

#cryptocurrency, #law, #digitalcurrencygroup, #genesis

Toyota to Invest $3.6 Billion to Double San Antonio Plant, Add Tacoma Line and 2,000 Jobs

Toyota will invest $3.6 billion to double its San Antonio plant, add a second Tacoma assembly line and create 2,000 jobs as production shifts from Mexico.

$TM, #toyota, #automotive, #manufacturing, #sanantonio, #texas

TeraWulf Signs 20-Year Lease with Anthropic for Kentucky AI Campus, Sees $19 Billion in Contracted Lease Revenue

TeraWulf said Anthropic will lease a 401 MW AI/HPC campus in Hawesville, Kentucky under a 20-year deal the company values at about $19 billion.

$WULF, #terawulf, #anthropic, #ai, #datacenters