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

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

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

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

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

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

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

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

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

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

Goldman Sachs Expands into Venture Capital with Industry Ventures Acquisition

Goldman Sachs acquires Industry Ventures for up to $965 million, enhancing its venture capital presence and access to tech investments.

#goldmansachs, #venturecapital, #acquisition, #industryventures

Pinnacle and Synovus Announce $8.6 Billion Merger to Form Regional Bank Leader

Pinnacle Financial and Synovus merge to form a $115B regional bank in the Southeast US, aiming for market growth by 2026.

#banking, #merger, #pinnacle, #synovus, #finance

Fifth Third Bancorp to Acquire Comerica Incorporated in $10.9 Billion All-Stock Deal

Fifth Third Bancorp to buy Comerica in a $10.9B deal, creating the 9th-largest U.S. bank. Merger to close in Q1 2026 pending approvals.

#banking, #merger, #fifththird, #comerica

India's IT Sector Faces Sluggish Growth Amid Global Challenges

India's IT sector grapples with slow growth due to global uncertainties and U.S. H-1B visa fee hike.

#india, #itsector, #h1bvisa, #economy

Bank of America Appoints New Co-Heads for EMEA M&A Division Amid Dealmaking Surge

Bank of America names Geoff Iles and Lukas Poensgen as co-heads of EMEA M&A division in response to a year of strategic dealmaking.

#bankofamerica, #mergersacquisitions, #emea, #businessleadership