Israel’s Netanyahu Touts Expanded Investment by Intel
The prime minister’s announcement comes amid protest from the country’s tech industry over his plan to overhaul Israel’s judiciary.
Rio Tinto Says Driverless Iron-Ore Train Derailed in Western Australia
Rio Tinto said an autonomous train carrying iron ore from its mining operations in remote northwest Australia to a port derailed late Saturday.
‘Elemental’ Struggles on Opening Weekend; ‘The Flash’ Also Flat
Pixar’s latest animated film has one of the weakest domestic debuts in the studio’s history.
SVB Financial reaches deal to sell its investment banking unit
SVB Financial Group said Sunday it has reached an agreement to sell its investment-banking division to a group led by the unit’s CEO, Jeff Leerink, and backed by The Baupost Group.
How Modelo Dethroned Bud Light in America
Demographic shifts and savvy marketing fueled the Mexican import’s rise. A Bud Light boycott finished the job.
Microsoft Looks to the Stars While Doing Activision Duty
Microsoft, with its Activision Blizzard deal still uncertain, is advancing its cloud-centric subscription-based business model with a slate of coming Xbox videogames including “Starfield.”
Crypto Exchange Binance.US Avoids Broad Asset Freeze
The exchange agrees to keep assets in the country and under Binance.US executives’ control.
Farmers Worry Agriculture Deal Will Curb Competition
Consumer advocates are saying that Bunge’s $8.2 billion agreement to buy Viterra could drive up prices, while Bunge says the companies don’t overlap.
When SVB and First Republic Collapsed, So Did Their Employees’ Investments
Workers at the failed California banks plowed their money into company stock.
Biden Team Takes Aim at TikTok With Commerce Department Move
The administration likely would need legislation from Congress to further strengthen its position against foreign-based apps that could threaten the U.S.
Source: Dow Jones Newswires