Stellantis, Dongfeng plan European EV joint venture as partnership deepens

MILAN: Stellantis and China’s Dongfeng Group have signed a non-binding memorandum of understanding to expand their 34-year partnership, aiming to create a Europe-based joint venture focused on the sales and distribution of…

Web Desk May 20, 2026

Wire

Standard Chartered to cut 7,000 jobs in AI-driven overhaul

LONDON: Standard Chartered plans to eliminate more than 7,000 jobs over the next four years, turning to artificial intelligence to replace what its chief executive called “lower-value human capital.” The London-based lender said…

Web Desk May 19, 2026

Wire

LIRR workers go on strike for first time in 32 years, halting nation’s busiest commuter rail

NEW YORK: About 3,500 workers for the Long Island Rail Road went on strike Saturday after contract negotiations failed, shutting down the nation’s busiest commuter rail system just ahead of…

Web Desk May 16, 2026

Wire

Nextpower to acquire Zigor’s Power Conversion business in $80.5 million deal

SAN JOSE: Nextpower, a provider of intelligent power generation systems for solar power plants, said Thursday it has agreed to acquire complementary assets of Zigor Corporation’s power conversion business and…

Muhammad ALI May 13, 2026

Wire

Dutch Bros to acquire Phoenix East Valley franchise

PHOENIX: Dutch Bros Inc. (NYSE: BROS) said Monday it has agreed to acquire the Phoenix East Valley franchise, a 29-shop operation whose owner, Jim Thompson, is retiring after almost two…

Muhammad ALI May 13, 2026

Wire

Judgment Labs raises $32M to help AI agents learn from their own mistakes

SAN FRANCISCO: Judgment Labs, a three-month-old infrastructure startup building tools to help AI-powered agents improve from real-world production data, has raised $32 million in combined seed and Series A funding,…

Muhammad ALI May 13, 2026

Wire

Heaviside Industries raises $28M for autonomous precision munitions

LOS ANGELES: Heaviside Industries, a developer of autonomous precision munitions, emerged from stealth Thursday with a $28 million Series A funding round led by Interlagos. Menlo Ventures, Flume Ventures, Cantos,…

Muhammad ALI May 12, 2026

Wire

Rogue raises $2.5m pre-seed funding for probiotic protein chips

Crowd Funding Funding Give Help Nonprofit Concept LOS ANGELES: Rogue, a new high-protein snack brand built by the venture studio behind Dollar Shave Club and Liquid Death, has raised $2.5…

Ali Mirza May 12, 2026

Wire

Cross Country Healthcare to be acquired by Knox Lane in $437 million Deal

SAN FRANCISCO: Cross Country Healthcare Inc., a technology-driven healthcare workforce solutions company, has agreed to be acquired by investment firm Knox Lane for $13.25 per share in an all-cash transaction…

Web Desk May 7, 2026

Wire

UCB to acquire Candid Therapeutics in $2.2Bn deal focused on autoimmune T-Cell engagers

BRUSSELS: UCB, a global biopharmaceutical company, announced Tuesday it has signed a definitive agreement to acquire Candid Therapeutics, a privately held clinical-stage biotechnology company developing novel T-cell engagers (TCEs) for…

Web Desk May 3, 2026

Wire

CareDx to acquire oncology diagnostics company Naveris for up to $260 million

BRISBANE: CareDx Inc. has agreed to acquire precision oncology diagnostics company Naveris for up to $260 million, expanding its testing services beyond transplant medicine into cancer monitoring. The deal includes…

Muhammad ALI April 29, 2026

Wire

True Anomaly raises $650 million for Golden Dome missile defense system

DENVER: True Anomaly, a four-year-old Colorado startup building space interceptors for President Donald Trump’s proposed Golden Dome missile defense system, has raised $650 million, the company announced Tuesday. The latest…

Muhammad ALI April 28, 2026