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

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

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

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

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

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

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

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

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

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

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

U.S. to Impose Port Fees on Chinese Ships, Aims to Boost Domestic Shipbuilding

USTR plans substantial port fees on Chinese ships to curb China's influence in shipping, sparking industry debate.

#ustr, #china, #shipbuilding, #tariffs, #trade

Courts Block Kroger-Albertsons $24.6 Billion Merger, Sparking Legal Battle

Federal and state courts block Kroger-Albertsons merger, prompting Albertsons to sue Kroger for breach of contract.

#kroger, #albertsons, #merger, #lawsuit, #competition

ConocoPhillips Acquires Marathon Oil in $22.5 Billion All-Stock Deal

ConocoPhillips finalizes acquisition of Marathon Oil, boosting U.S. onshore portfolio amid shale industry consolidation.

#conocophillips, #marathon oil, #acquisition, #shale industry, #oil and gas

ConocoPhillips Completes $22.5 Billion Acquisition of Marathon Oil

ConocoPhillips acquires Marathon Oil for $22.5B, boosting its U.S. production capacity and marking a key industry consolidation.

#conocophillips, #marathon oil, #acquisition, #shale industry, #u.s. energy