Bain Capital to buy PCI Pharma at $10 billion valuation, Bloomberg News reports
(Reuters) -Bain Capital is in talks to buy contract drug manufacturer PCI Pharma Services at a valuation of $10 billion,…
Category: Business
Nippon Steel exec headed to Washington next week in push for US Steel deal, source says
(Reuters) -Nippon Steel Vice Chairman Takahiro Mori is headed to Washington next week as the company seeks to win approval…
Netflix to revamp TV app interface, launch AI-powered search for iOS users
(Reuters) -Netflix said on Wednesday it plans to revamp its TV app interface and introduce generative AI to the iOS…
Amazon to spend $4 billion on cloud infrastructure in Chile
By Fabian Cambero SANTIAGO (Reuters) -Amazon’s cloud computing division will invest $4 billion to build its first data centers and…
Hedge Fund Millennium in talks with Goldman’s Petershill Partners on stake sale, FT reports
(Reuters) -Hedge fund Millennium Management is in talks with Goldman Sachs’ Petershill Partners to identify potential buyers for a minority…
Boeing taps Wisk Aero CEO to head commercial airplane product development
By Dan Catchpole SEATTLE -Boeing-owned Wisk Aero announced Wednesday that its CEO Brian Yutko is leaving to take over product…
Amazon’s robotaxi unit Zoox agrees to software recall after self-driving Las Vegas crash
By David Shepardson WASHINGTON (Reuters) -Amazon.com’s self-driving unit Zoox agreed to recall 270 driverless vehicles after an unoccupied robotaxi was…
Microsoft launches lower-priced AI laptops with Qualcomm chips
By Stephen Nellis SAN FRANCISCO (Reuters) -Microsoft on Tuesday said it will release a new laptop and tablet with chips…
Rivian to build $120 million Illinois supplier park to lower tariff-related costs
(Reuters) -Rivian said on Monday that it will invest $120 million to bring its key parts suppliers near its plant…
JPMorgan says AI helped boost sales, add clients in market turmoil
By Nupur Anand NEW YORK (Reuters) -JPMorgan Chase’s artificial-intelligence tools enabled it to boost sales to wealthy clients and manage…