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GE Aerospace reaches five-year labor deal with 600 striking UAW workers

(Reuters) – GE Aerospace reached a five-year labor agreement with more than 600 striking workers of the United Auto Workers union at its Ohio and Kentucky distribution facilities, the aircraft engine supplier said on Friday. The agreement ends a three-week strike ...
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Oracle in talks with Meta on $20 billion AI cloud computing deal, Bloomberg reports

(Reuters) – Oracle is in talks with Meta on a $20 billion AI cloud computing deal, Bloomberg News reported on Friday.(Reporting by Juby Babu in Mexico City; Editing by Mohammed Safi Shamsi) Brought to you by www.srnnews.com
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Family says a man who died after going on a Universal roller coaster never let wheelchair stop him

ORLANDO, Fla. (AP) — A 32-year-old man who died this week from blunt impact injuries after going on a roller coaster at Universal Orlando Resort’s newest park used a wheelchair. But his family said it never stopped his unwavering spirit. The family of Kevin Rodriguez ...
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Sale of TikTok’s US assets may get boost after Trump-Xi call

By David Shepardson and David Brunnstrom WASHINGTON (Reuters) – President Donald Trump and Chinese President Xi Jinping’s progress on a TikTok deal this week could help bolster talks to allow parent ByteDance to divest the U.S. assets of the short video ...
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Newmont sells entire Orla stake for about $439 million in divestiture push

(Reuters) – Gold miner Newmont said on Friday it sold its stake in Orla Mining for $439 million through the Toronto Stock Exchange as part of its divestiture program. The company disposed of the entire 43 million shares it held ...
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Analysts react to call between Trump and Xi over trade, TikTok

WASHINGTON (Reuters) – A phone call between U.S. President Donald Trump and Chinese leader Xi Jinping on Friday may have lowered the temperature between the superpowers, but it yielded little in the way of firm agreements and appeared to leave ...
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Stellantis unveils lighter, faster-charging EV battery

By Gilles Guillaume PARIS (Reuters) – Stellantis unveiled an electric vehicle prototype on Friday featuring a faster-charging, lighter and more affordable battery that eliminates the need for a separate inverter and charger.  The IBIS (Intelligent Battery Integrated System) was developed in partnership ...
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Citigroup taps Adam Inzirillo from Cboe for equities business

(Reuters) – Citigroup <C.N> has hired Adam Inzirillo from Cboe Global Markets to lead its cash and futures execution platform within the bank’s equities division, according to a person with knowledge of the matter. In his new role, Inzirillo will oversee ...
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Volkswagen takes $6 billion hit due to Porsche restructuring

BERLIN (Reuters) -Volkswagen, Europe’s largest carmaker, said on Friday it will take a 5.1 billion euro ($6 billion) hit from a far-reaching product overhaul at sportscar division Porsche AG, with slower roll-outs of electric models. The move comes after Porsche AG, which is 75.4%-owned by ...
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How Canada’s Haisla became the world’s first Indigenous LNG owners

By Amanda Stephenson KITIMAT, Canada (Reuters) – When Maureen Nyce, the new chief of the Haisla First Nation, donned a hard hat and safety vest for an August visit to the site of the Cedar LNG pipeline, she did so not as a visiting dignitary ...
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Monte dei Paschi secures 70.5% of Mediobanca after penultimate day of tender offer

MILAN (Reuters) – Monte dei Paschi di Siena has secured more than two thirds of Mediobanca’s capital, bourse data showed on Friday, crossing the ownership threshold needed to push through any extraordinary shareholder decisions. Monte dei Paschi’s hostile share-and-cash buyout offer ...
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OpenAI to spend $100 billion over five years on backup servers, the Information reports

(Reuters) – OpenAI plans to spend about $100 billion renting backup servers from cloud providers over the next five years, the Information reported on Friday, citing company executives’ discussions with shareholders. This expenditure is in addition to the $350 billion ...
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