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Blue Origin to expand Florida campus with new $600 million facility

May 22 (Reuters) - Florida Governor Ron DeSantis on Friday announced a $600 million expansion of Blue Origin's Rocket Park campus in Cape Canaveral. The expansion comes as Blue Origin rival, Elon Musk's SpaceX, prepares to go public targeting a valuation of $1.75 trillion. ...
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Legal fight could delay a proposed $7B settlement for lawsuits in Roundup cancer claims

JEFFERSON CITY, Mo. (AP) - Delays could be in store for a proposed $7.25 billion settlement covering thousands of claims that the maker of Roundup weedkiller failed to warn people the product could cause cancer. An attorney opposed to the settlement filed paperwork Friday ...
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Lantheus weighs potential $7 billion sale after Curium’s offer, Bloomberg News reports

May 22 (Reuters) - Lantheus Holdings is weighing a potential sale after getting a takeover offer from private-equity backed Curium Pharma that values it at about $7 billion, Bloomberg News reported on Friday, citing people familiar with the matter. The two companies have been in ...
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Fed’s Waller ready to axe ‘easing bias,’ though not advocating rate hikes yet

By Balazs Koranyi and Howard Schneider FRANKFURT, May 22 (Reuters) - Federal Reserve Governor Christopher Waller, an influential voice in policymaking who until recently had advocated for lower interest rates, on Friday said the Fed should axe the "easing bias" from its policy statement and ...
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Oil and gas prices to remain high in Europe at least until the end of 2027, officials say

NICOSIA, Cyprus (AP) - European Union officials said Friday that Europeans can expect oil and gas prices to remain above what they were before the Iran war for at least until the end of 2027, with prices of other goods also following an upward ...
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Estee Lauder and perfume maker Puig end merger talks

Estee Lauder and perfume maker Puig have ended merger talks that would have potentially put brands like MAC, Clinique, Charlotte Tilbury and Jean Paul Gaultier under one roof. Estee Lauder Cos. confirmed the discussions in March but said at the time that no agreement had ...
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Artificial intelligence could potentially eliminate thousands of jobs in New York City, city official says

(NEW YORK) -- The top financial officer in New York City on Thursday warned that artificial intelligence could put thousands of workers in the nation's largest metropolis out of a job as soon as this year, while acknowledging that the ultimate impact of AI ...
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Australia’s Guzman y Gomez to exit US in retreat from key growth bet

By Rajasik Mukherjee and Byron Kaye May 22 (Reuters) - Australia's Guzman y Gomez , the Mexican-themed restaurant chain whose global growth plans powered a blockbuster sharemarket listing, said it was quitting the U.S. due to poor sales, a retreat from a prize market amid ...
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AMD asking partners to ramp up production, CEO says

TAIPEI, May 22 (Reuters) - Advanced Micro Devices CEO Lisa Su said on Friday in Taipei that the company was asking its partners to ramp up production given strong demand for AI. AMD is a major customer of TSMC, the world's largest contract chipmaker. (Reporting ...
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Hengli, China’s silk-to-petrochemicals empire, faces the chill of US sanctions

By Colleen Howe and Chen Aizhu BEIJING/SINGAPORE, May 22 (Reuters) - The Hengli Group, built by a husband and wife duo over three decades from a bankrupt textile mill into a Fortune Global 500 giant and one of China's largest private oil refiners, has been ...
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Australia fines Coles over milk supply deals; flags Brownes’ pricing practices

May 22 (Reuters) - Australia's competition watchdog said on Friday that Coles and dairy firm Brownes Foods Operations each paid A$39,600 ($28,270.44) after receiving infringement notices for restrictive milk supply terms and unclear pricing, respectively. Here are some details: • The Australian Competition & Consumer Commission ...
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Lam Research focused on adding AI to chipmaking tools as it eyes US expansion, CEO says

By Stephen Nellis FREMONT, California, May 21 (Reuters) - Lam Research is focused on adding sensing and AI capabilities to its semiconductor manufacturing tools to make them more productive as it plans expanded operations in Arizona and California, its chief executive told Reuters on Thursday. Shares ...
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