Warren Buffett’s conglomerate trims its deficit with a strong June, but tech-fueled markets keep the S&P 500 firmly in the lead. As the calendar flips past the midpoint of 2026, Berkshire Hathaway is showing signs of life—but the numbers still tell a story of struggle. The conglomerate’s Class B shares are down 1.8% year-to-date, lagging far behind…
MUNICH: Banyan Software, a Toronto-based acquirer and long-term operator of software businesses, announced Thursday it has acquired HMM Germany, a B2B eHealth platform that manages approval, billing and payment processes for medical aids. The acquisition brings HMM, which operates the X3.Net digital platform, under Banyan’s “buy-grow-and-hold-for-life” model . Terms of the deal were not disclosed….
South Korea’s SK Hynix has pulled off one of the biggest share sales of the year, pricing its American Depositary Receipts at $149 apiece and raising roughly $26.5 billion in the process. The listing underscores just how hungry investors are for a piece of the company that sits at the heart of the world’s AI chip supply…
Apple is deepening its ties with chipmaker Broadcom through a new multi-year agreement expected to top $30 billion, the tech giant announced Wednesday. The deal represents Apple’s largest domestic manufacturing commitment to date. What the Deal Includes Under the agreement, Broadcom will produce more than 15 billion chips on U.S. soil for Apple. As part of…
The global LNG market just closed out its strongest year since 2022, only to sail straight into one of the most disruptive geopolitical shocks the industry has ever faced. That’s the picture painted by the International Gas Union’s 2026 World LNG Report, produced with Rystad Energy: a business that broke records in 2025 and then,…
HOUSTON: Toyota is bringing the Tacoma home. The automaker announced Monday that it will pour $3.6 billion into its San Antonio, Texas manufacturing campus to relocate production of the popular midsize pickup from a plant in Tijuana, Mexico. A Major Expansion for San Antonio The investment isn’t just about moving an assembly line — it’s a full-scale expansion. Toyota…
NEW YORK: Google has thrown its weight behind Proxima Fusion, a Germany-based startup aiming to build Europe’s first commercial fusion power plant, joining a 411 million euro ($468 million) funding round the company announced Tuesday. The investment pushes Proxima’s valuation to $2.7 billion and signals Google’s continued bet on fusion as a long-term source of abundant, carbon-free, and reliable…
Golf simulator company to join CNBC owner’s expanding sports and digital portfolio NEW YORK: Versant Media Group, the owner of cable networks CNBC, MS NOW and the Golf Channel, has agreed to acquire golf simulation company Full Swing from private equity firm Bruin Capital for approximately $530 million in cash, the companies announced Monday. The transaction follows a…
BEACHWOOD: SITE Centers Corp. (NYSE: SITC) has completed the sale of its ground leasehold interest and all other holdings in The Pike Outlets, a shopping destination in Long Beach, California, in a deal valued at $50.0 million. After accounting for prorations, allocations, leasing costs, and other standard closing adjustments, the company expects to net approximately $46.5 million from…
TORONTO: ECI Technology Group Inc. (ECI), a leading provider of electrical and electronic manufacturing and technical services, has announced the acquisition of Questek Manufacturing Corp., a seasoned US-based manufacturer with over four decades of experience in wire and harness assemblies, panels, control boxes, and PCBA production. The deal marks a significant milestone for ECI, substantially strengthening its technical capabilities,…
SANTA MONICA: Griffin Gaming Partners, a venture capital firm with $1.5 billion in assets under management, has taken a minority stake in independent game publisher and developer tinyBuild. The investment firm announced today that it has acquired a 3.24% equity position in the company, which is known for building and growing original gaming intellectual property. A Growing Indie…
AUSTIN: Shares of Digital Realty slid more than 5% in premarket trading Monday after the global data center giant revealed it is acquiring a $3.5 billion stake in three hyperscale facilities from asset manager Blackstone, in a deal that underscores surging demand for AI-driven infrastructure. The Austin-based firm said it will pay $1.2 billion in cash and $2.3…