Industry

Industry

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

industry

U.S. Chemical Industry Faces Earnings Challenges Amid Global Supply Glut and Trade Tensions

U.S. chemical producers report subdued earnings as China's ethylene expansion oversupplies market. Industry eyes strategic adaptations.

#chemicals, #earnings, #trade, #china, #ethylene

industry

Qualtrics to Acquire Press Ganey Forsta for $6.75 Billion, Enhancing AI Experience Management

Qualtrics acquires Press Ganey Forsta for $6.75B, integrating AI with healthcare data to revolutionize experience management.

#qualtrics, #experience management, #ai, #healthcare, #acquisition

industry

Rayonier Inc. and PotlatchDeltic Corporation Announce $8.2 Billion Merger

Rayonier and PotlatchDeltic to merge, forming the second-largest timber company in North America in an $8.2 billion all-stock deal.

#merger, #timber, #lumber, #rayonier, #potlatchdeltic

industry

Greece Advocates for Cross-Border M&A to Boost European Competitiveness

Greece pushes for cross-border mergers to strengthen Europe's economy, supporting Euronext's acquisition of ATHEX.

#greece, #mergers, #europe, #euronext, #athex

industry

Twin Bankruptcies Shake U.S. Automotive and Credit Markets

First Brands Group and Tricolor Holdings' bankruptcies expose financial irregularities, raising stability concerns in the U.S. automotive and credit markets.

#bankruptcy, #automotive, #creditmarkets, #fraud, #finance

industry

Reviving Nuclear: Palisades Power Plant to Resume Operations, A U.S. First

Palisades Nuclear Power Plant set to become first decommissioned U.S. reactor to restart, signaling a shift in energy strategy.

#nuclearpower, #energy, #palisades, #holtec, #doe, #nrc

industry

SoftBank to Acquire ABB's Robotics Division for $5.375 Billion

SoftBank acquires ABB's robotics unit, marking a major AI and robotics expansion.

#softbank, #abb, #robotics, #ai, #acquisition

industry

Fire at Chevron's El Segundo Refinery Raises Concerns Over Fuel Supply and Prices

Fire at Chevron's El Segundo Refinery prompts warnings of potential fuel shortages and price hikes in Southern California.

#chevron, #refinery, #california, #fuel, #environment

industry

Berkshire Hathaway Acquires OxyChem for $9.7 Billion amid Leadership Transition

Berkshire Hathaway's acquisition of OxyChem marks a strategic move in the chemical industry, aligning with Occidental's debt reduction strategy.

#berkshirehathaway, #occidental, #chemicals, #acquisition, #business

industry

TSMC Reports Record Third Quarter Profits Amid AI Demand Surge

TSMC's Q3 profit up 39.1%, driven by AI chip demand, forecasts higher growth.

#tsmc, #semiconductors, #ai, #economy

industry

Brown & Brown Completes $9.83 Billion Acquisition of Accession Risk Management

Brown & Brown's strategic acquisition of Accession enhances its market position, service capabilities, and competitive edge.

#insurance, #acquisition, #brownandbrown, #accession, #consolidation

industry

U.S. Auto Industry Shaken by Major Bankruptcies: First Brands and Tricolor Holdings Collapse

Bankruptcies expose financial irregularities, raising systemic risk concerns in the auto and finance sectors.

#autoindustry, #bankruptcy, #finance, #regulation

industry

Goldman Sachs to Acquire Industry Ventures in $965 Million Deal

Goldman Sachs will acquire Industry Ventures to boost its venture capital capabilities and enhance its investment platform.

#goldmansachs, #industryventures, #venturecapital, #financialacquisition

industry

Brown & Brown Acquires Accession Risk Management Group in $9.83 Billion Deal

Brown & Brown strengthens its insurance services by acquiring Accession for $9.83 billion, enhancing capabilities in risk management.

#insurance, #acquisition, #brownandbrown, #riskmanagement

industry

Goldman Sachs to Acquire Industry Ventures for $965 Million in Strategic Expansion

Goldman Sachs announces acquisition of Industry Ventures, a $965M deal boosting its alternative investments.

#goldmansachs, #industryventures, #venturecapital, #acquisition