EU Sparks Trade Tensions with China by Imposing Tariffs on Electric Vehicles
As the EU moves forward with the tariffs, the focus now shifts to whether a diplomatic solution can be reached before broader economic consequences take hold.
Alaska Airlines Completes $1.9 Billion Acquisition of Hawaiian Airlines
The merger will allow Alaska Airlines to improve its long-haul capabilities and compete with other major U.S. carriers, such as American, Delta, and United.
Could A Potential Qualcomm-Intel Takeover Happen Despite Struggles?
If it goes through, the Qualcomm-Intel takeover would combine two of the largest players in the chip market and reshape the entire semiconductor industry.
T-Mobile Acquires US Cellular’s Wireless Spectrum for $4.4 Billion
With this spectrum acquisition, T-Mobile will have the capacity to provide improved network coverage and bandwidth for underserved urban and rural customers.
Intel Secures $3.5 Billion Federal Grant to Produce Semiconductors in Pentagon Deal
This funding indicates renewed confidence in Intel’s capacity to meet the Pentagon’s requirements, despite ongoing concerns about the chipmaker’s global expansion strategy and recent market performance.
Nirvana Raises $24.2 Million in Series A Funding to Accelerate Healthcare Insurance Verification
The funding will help expedite insurance verification, ensuring accuracy and speed while driving Nirvana’s expansion into new healthcare specialties.
The European Central Bank Cuts Lending Interest Rate to 3.5%
Economists and policymakers will closely monitor the impact of this rate cut to assess whether it can provide the necessary boost to an economy that has shown slight recovery so far.