Micron Outlines $3.6 Billion Investment With Japan’s Backing
The U.S. chip maker’s deal with Tokyo comes at a time of rising tension between Washington and Beijing over chip technology.
Amazon’s Cloud Business to Invest More Than $12 Billion in India by 2030
Amazon.com’s cloud-computing business plans to spend $12.81 billion to expand its data-center infrastructure in India by 2030, part of long-term efforts to boost the global reach of its cloud services.
TikTok Ban Signed in Montana, Paving Way for First Amendment Legal Battle
Montana’s ban on TikTok is slated to take effect next year, paving the way for a legal fight that could determine the fate of a possible nationwide prohibition.
Deutsche Bank to Pay $75 Million to Settle Epstein Accusers’ Suit
A civil complaint alleged the financial institution facilitated disgraced financier Jeffrey Epstein’s sex-trafficking ring.
Walmart Earnings Will Show How Vital Grocery Sales Are
The company excels at selling essentials but has been caught flatfooted by spending shifts by shoppers. The outlook will be crucial.
Schwab Taps Credit Markets to Raise $2.5 Billion in Debt
The brokerage giant, under scrutiny this year, said in a filing it would use the proceeds for general corporate purposes.
Skincare Company Murad Agrees to Settle Iran Sanctions Violations
Murad has agreed to pay about $3.3 million to settle allegations it conspired to illegally export goods and services to Iran over an eight-year period.
Take-Two Stock Surges as Company Touts Strong Game Pipeline
“These are challenging times for us,” CEO Strauss Zelnick told Barron’s. But, he adds, “the pipeline that we’ve been investing in is coming to fruition.”
Software Company New Relic in Talks to Be Sold
Buyout firms Francisco Partners and TPG are teaming up in a $5 billion-plus bid.
Chip Maker Rides EV Market to New, Expensive Heights
OnSemi boosts growth and margin targets despite rising capital-expenditure requirements.
Source: Dow Jones Newswires