Companies Desk

Culture & Media · October 24, 2026

New filings detail $15.6 million in LIV Golf executive retention payments

Statements filed in LIV’s New Jersey bankruptcy cases on Oct. 22 add detail to the league’s cash outlays before its Sept. 8 filing. The disclosures are company records, not findings of wrongdoing by the court.

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Golfer Paul Casey tees off at a 2022 LIV Golf event; file photo.
Golfer Paul Casey tees off at a 2022 LIV Golf event; file photo.File photo: JazzyJoeyD / Wikimedia Commons · CC BY-SA 4.0

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Business & Markets · October 23, 2026

LSEG agrees to buy Octus for $3.535 billion in credit-data push

The deal would expand LSEG’s reach in illiquid and private credit as it invests in proprietary data and workflow tools. Completion is expected in the first half of 2027, subject to regulatory approval.

Reporting draws on 2 named sources.

Technology & Science · October 14, 2026

Japan-backed GlobalFoundries plan targets two New York chip fabs

The company says Japan will fund a first fab expected in 2029 and a possible second facility. Reuters separately reported U.S.-Japan ownership of the plants; project-level terms have not been fully detailed.

Reporting draws on 3 named sources.

Business & Markets · October 13, 2026

Kroger plans 3,000 corporate job cuts over three years

The grocery chain says the changes should simplify decisions and shift resources toward customers and stores. It has not named affected teams or tied all the planned reductions to artificial intelligence.

Reporting draws on 6 named sources.

Business & Markets · October 8, 2026

TSMC quarterly sales jump 50%, top July guidance

The quarter total comes from monthly sales reports. TSMC has not yet released quarterly profit, margins or a new outlook.

Reporting draws on 7 named sources.

Business & Markets · October 7, 2026

Weston family agrees to buy Boots in $8.9 billion deal

The agreement would give the Weston family’s Canadian holding company operational control, with Fairfax expected to own half the equity after closing. Regulatory and other conditions remain.

Reporting draws on 4 named sources.

Climate & Environment · October 7, 2026

South Korea’s K-GX plan targets 100GW of renewable power by 2030

The strategy combines industrial decarbonization with a large financing program. Its headline public-resource total includes climate finance as well as fiscal spending, while companies outlined a separate 220 trillion won investment plan.

Reporting draws on 4 named sources.

Business & Markets · October 7, 2026

Micron's Taoyuan union wins strike mandate after 88% vote

The union is pressing for a permanent share of operating profits. It says it will discuss next steps after Micron's Oct. 8–9 board meeting; a planned Oct. 19 rally is not a strike.

Reporting draws on 5 named sources.

Business & Markets · October 7, 2026

Anduril plans $3.7 billion Maryland yard for submarine parts

The proposed facility would add a new supplier to a strained submarine industrial base. Its $3.7 billion private investment, a separate Navy contract ceiling and conditional public incentives are distinct commitments.

Reporting draws on 9 named sources.

Business & Markets · October 6, 2026

Uber agrees to buy ezCater for $2.3 billion

The purchase would add group and workplace meal orders to Uber Eats. Uber says ezCater generated $2.5 billion in gross bookings over the past year, a company-reported figure rather than revenue.

Reporting draws on 4 named sources.

Business & Markets · October 6, 2026

BD ties $19 billion U.S. investment package to future tariff relief

The medical-device maker says it will add about five billion domestic medical consumables a year and make all needles for U.S. use with American steel. Those production targets are company commitments, while the tariff deal's financial value is still unknown.

Reporting draws on 3 named sources.

Technology & Science · October 6, 2026

Mistral previews 1-trillion-parameter model, with weights due Oct. 27

The French startup is making its new model available through an API preview and says it will publish the weights later this month. Its benchmark comparisons remain company claims, and advanced cyber capabilities are limited to a red-team program.

Reporting draws on 4 named sources.

Business & Markets · October 6, 2026

Google backs 890 megawatts of Constellation nuclear upgrades

Constellation expects the first uprate by 2028 and plans more than $4.3 billion in investment. The companies also signed a separate agreement for existing power, which does not add new generation capacity.

Reporting draws on 5 named sources.

Business & Markets · October 5, 2026

Cenovus agrees to buy Athabasca in C$5.7 billion deal

The boards approved a cash-and-stock offer expected to close in December, subject to shareholder, court and regulatory approvals. Cenovus forecasts C$5 billion to C$5.5 billion in year-end net debt after the purchase, while Reuters reported the stock fell as much as 5.3% during Monday trading.

Reporting draws on 3 named sources.

Business & Markets · October 4, 2026

Schneider Electric signs $22.6 billion deal to buy PTC

A signed merger agreement replaces earlier reports of uncertain talks. The all-cash transaction would extend Schneider’s industrial software portfolio, but it still depends on shareholder and regulatory approvals.

Reporting draws on 9 named sources.

Business & Markets · October 4, 2026

CSL pays $355 million upfront in Alentis drug partnership

Alentis may also receive up to $1.2 billion in commercial milestones, while development funding sits outside that ceiling. The drug remains experimental, with its lead program still in Phase 2.

Reporting draws on 4 named sources.

Technology & Science · October 1, 2026

FTC opens AI safety probe into OpenAI and Anthropic under consumer law

The investigation brings existing consumer-protection law into a debate that has recently centered on voluntary industry safeguards. Information demands are reportedly being prepared, but the FTC has not announced charges, named every target or said what conduct it is examining.

Reporting draws on 7 named sources.

Business & Markets · September 30, 2026

Kenya breaks ground on Dangote’s $16 billion refinery as land case remains open

The groundbreaking moves a major East African refining proposal toward construction, but the capacity is a target, not output. Feedstock, financing, delivery timing and a court challenge will shape whether the project can supply the region as planned.

Reporting draws on 5 named sources.

Technology & Science · September 30, 2026

OpenAI and Synopsys will build an AI model for chip-design tools

The planned GPT-Synopsys model is meant to operate electronic-design tools used to build and verify semiconductor layouts. OpenAI will license Synopsys software; a revenue-sharing framework is part of the deal, but its financial terms are undisclosed.

Reporting draws on 2 named sources.

Business & Markets · September 30, 2026

Micron posts a record $54 billion quarter as AI memory demand accelerates

Core data-center revenue topped $18 billion, more than 11 times its year-earlier level. Micron's next-quarter outlook points higher still, while the company cautions that supply remains tight and margins may ease from exceptional levels.

Reporting draws on 5 named sources.

Business & Markets · September 30, 2026

Ethiopian Airlines signs for 10 Boeing freighters in cargo expansion

The firm order pairs two nearer-term 777 freighters with eight 777-8Fs scheduled for 2033–35. The airline also cited separate plans to convert four passenger jets for cargo service; Reuters says it has a right to buy eight more new freighters, while the price actually agreed remains confidential.

Reporting draws on 4 named sources.

World Affairs · September 30, 2026

Bulgaria probes killing of Botev Plovdiv president Iliyan Filipov

The businessman and football-club president was killed in Bulgaria’s second-largest city before dawn Wednesday. Officials describe an active homicide investigation but have not identified a suspect or a leading explanation.

Reporting draws on 6 named sources.

Technology & Science · September 30, 2026

DeepSeek opens software tools for Huawei's Ascend AI chips

New DeepSeek repositories include matrix-compute and communications libraries for Ascend processors. The announcement advances a domestic software ecosystem, but no public benchmark or deployment figures show how much AI work can move off Nvidia hardware.

Reporting draws on 5 named sources.

Business & Markets · September 30, 2026

AT&T signs fiber supply deal with Corning worth more than $3 billion

The companies did not disclose delivery volumes by year. AT&T says the agreement supports its goal to extend fiber access by the end of 2030; the goal is not a commitment that every location will be connected.

Reporting draws on 5 named sources.

Technology & Science · September 30, 2026

Meta brings its Muse AI agent into small-business workflows

The expansion moves Muse from personal tasks into business operations. Meta describes it as an addition inside its existing app, while Reuters says the push is part of its effort to diversify revenue beyond advertising.

Reporting draws on 4 named sources.

Business & Markets · September 24, 2026

SoftBank sets $11.1 billion bond terms to fund OpenAI stake

The planned high-yield issue carries rates as high as 9.75% on dollar notes; the company expects to issue the debt September 29 and close the OpenAI payment October 1.

Reporting draws on 2 named sources.

Business & Markets · September 23, 2026

U.S. IPO proceeds top $137 billion in first half, SEC says

Offerings rose 16% from a year earlier, while proceeds climbed nearly fivefold; the SEC's detailed data show that a few large transactions account for much of the increase.

Reporting draws on 3 named sources.

Technology & Science · September 13, 2026

OpenAI rules out 2026 IPO as AI safety debate intensifies

Altman cited the work required on safety and alignment, while the companies' public debate over pacing comes amid continued reporting on Anthropic's potential public offering.

Reporting draws on 5 named sources.

Business & Markets · September 10, 2026

TSMC August revenue hits record NT$514.8 billion

The monthly sales release puts the chipmaker's January-through-August revenue at NT$3.38 trillion, 39.3% above the same period last year.

Reporting draws on 4 named sources.

Business & Markets · September 6, 2026

China plans $54 billion capital push for state banks and insurers

The announced bank placements and insurer injections are intended to replenish core capital, strengthen solvency and support lending, but most remain planned transactions rather than completed funding.

Reporting draws on 2 named sources.

Technology & Science · September 3, 2026

Nvidia agrees to buy Hugging Face for $12.93 billion

The deal includes about $11.9 billion for shareholders and up to $1 billion in employee-retention awards, while the companies say Hugging Face will remain open and hardware-neutral.

Reporting draws on 4 named sources.

Business & Markets · August 17, 2026

Goldman Sachs agrees to acquire NEOS in active-ETF expansion

The transaction would keep the NEOS team and fund tickers in place while extending Goldman's push into active exchange-traded funds; closing still depends on shareholder and other approvals.

Reporting draws on 3 named sources.

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