IBM is currently in negotiations to acquire HashiCorp, a prominent cloud software provider. The news sparked a 24% surge in HashiCorp's stock, pushing its market value to $6.1 billion.
Industry
Stellantis Plans to Lay Off Unspecified Number of Workers at US Factories in Coming Months
Stellantis plans to lay off an unspecified number of employees at its American plants in the coming months.
AI Rise to Boost Natural Gas Demand in Coming Years, New Report Shows
A surge in power use from AI-powered data centers is projected to substantially increase natural gas demand in the coming years, according to a new report.
TikTok, ByteDance Spend Over $7 Million on Lobbying and Ads to Fight Potential US Ban
TikTok and its China-based parent company, ByteDance, have collectively spent over $7 million to counter its potential US ban.
FTC Votes in Favor of Ban Against Noncompete Agreements That Prevent Employees From Working for Competitors
The FTC has voted in favor of a nationwide ban against noncompete agreements. The Federal Trade Commission (FTC) voted 3-2 on Tuesday to ban noncompete agreements, which companies use to prevent employees from working with competitors within the same industry.
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The Federal Trade Commission (FTC) has taken legal action to block Tapestry's $8.5 billion acquisition of Capri Holdings Limited, the parent company of Michael Kors.
Biden's $7B grants are set to create 200,000 jobs and save households $400 yearly on energy costs.
The dystopian thriller, directed by Alex Garland and starring Kirsten Dunst, brought in $11.1 million in ticket sales across 3,929 theaters in its second week.
Tesla has implemented price reductions in key markets such as China, Germany, and other European countries, following similar cuts in the United States.
A store known for selling items found in lost luggage at discounted rates has gained global attention for its unique offerings, which include luxury items like Rolex watches and Louis Vuitton bags.
The planned visit, initially set for the upcoming week, was eagerly awaited and anticipated to involve vital talks concerning Tesla's entry into the Indian market.
According to the World Health Organization (WHO), the H5N1 bird flu virus strain has been found in raw milk from infected animals in significant amounts. However, it is still unclear how long the virus cans survive in milk.
Cinemark is allegedly duping its customers by offering 24-ounce drink cups that can only hold a maximum of 22 ounces, according to a proposed class-action suit filed in a Texas federal court.
ASML's Potential Exit from the Netherlands: Dutch Minister Remains Optimistic About Company's Future
The Dutch Finance Minister expressed confidence in ASML's commitment to remain in the Netherlands despite the company's previous threats.
