News
Important Only
Deals of the day-Mergers and acquisitions
June 17 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Tuesday: ** Surgery Partners said it was unable to agree to the terms set by Bain Capital, its largest shareholder, to take the surgical facility operator private. nL4N3SK0YM ...Reuters
Tue, Jun 17
Sword Health valued at $4 billion in General Catalyst-led funding round
June 17 (Reuters) - Digital healthcare company Sword Health said on Tuesday it has secured a valuation of $4 billion after raising $40 million in a funding round led by venture capital firm General Catalyst.The round, where Khosla Ventures, Comcast Ventures and Lince Capital also participated, will ...Reuters
Tue, Jun 17
Ex-FTC lawyers form new firm targeting US antitrust enforcement ‘gaps’
By Mike Scarcella June 17 (Reuters) - Three former U.S. Federal Trade Commission lawyers and a U.S. attorney who resigned in January opened a new plaintiffs law firm on Tuesday focused on unfair competition, price discrimination and other antitrust law violations.They are launching the New York-b...Reuters
Tue, Jun 17
Mutual understanding key to insurer–development bank collaboration on climate risk: report
By Henry GaleJune 17 - (The Insurer) - More insurance industry engagement in development finance lending could strengthen climate resilience, but better mutual understanding is required, according to a report from the Insurance Development Forum (IDF), French Development Agency and Marsh McLennan.&#...Reuters
Tue, Jun 17
Fintech Ramp valued at $16 billion in late-stage funding round
June 17 (Reuters) - Ramp was valued at $16 billion in its latest funding round, the financial technology startup said on Tuesday, signaling renewed investor interest in financial platforms that offer digital and artificial intelligence-based services.The startup, which offers corporate cards, paymen...Reuters
Tue, Jun 17
Surgery Partners rejects Bain Capital's take-private offer
June 17 (Reuters) - Surgery Partners SGRY.O said on Tuesday it was unable to agree to the terms set by Bain Capital, its largest shareholder, to take the surgical facility operator private. Surgery Partners' shares fell more than 13% to $20.10 in premarket trading. A special committee of ...Reuters
Tue, Jun 17
Tennis-Alcaraz and Raducanu to team up in revamped U.S. Open mixed doubles
June 17 (Reuters) - Nine of the world's top-10 men and nine of the top-10 women have officially entered into the U.S. Open's revamped mixed doubles event, tournament organisers said on Tuesday, with former singles champions Carlos Alcaraz and Emma Raducanu teaming up.The competition, which w...Reuters
Tue, Jun 17
Netflix set to launch third themed venue in Las Vegas
June 17 (Reuters) - Netflix NFLX.O said on Tuesday it will launch a third themed entertainment venue in 2027, this time in Las Vegas, as the company looks to broaden its brand presence and profile beyond streaming.The "Netflix House" allows fans to immerse themselves in the worlds of their f...Reuters
Tue, Jun 17
MOVES-BofA hires private bankers from JPMorgan, Citi for New York growth
By Tatiana BautzerNEW YORK, June 17 (Reuters) - Bank of America's private bank hired executives from JPMorgan Chase and Citigroup in an effort to grow in New York, its largest market, according to memo seen by Reuters.BofA added Mary Chan, a former regional managing director at JPMorgan's pr...Reuters
Tue, Jun 17
INSIGHT-Iran leader Khamenei sees his inner circle hollowed out by Israel
Supreme leader's military advisers killed by strikesRaises risk of strategic miscalculations, sources sayKhamenei's son said to be increasingly central figureBy Parisa Hafezi and Angus McDowall DUBAI/LONDON, June 17 (Reuters) - Iran's 86-year-old Supreme Leader Ayatollah Ali Khamenei ...Reuters
Tue, Jun 17
Motor racing-Canadian Grand Prix to stay on F1 calendar through 2035
June 17 (Reuters) - The Canadian Grand Prix in Montreal will stay on the calendar through 2035 after agreeing a four-year extension to the existing deal, Formula One said on Tuesday.The contract renewal also includes a long-term extension to Bell Media's media rights deal, the Liberty Media-owne...Reuters
Tue, Jun 17
Applied Intuition Closes $600 Million Fundraise & Tender Offer At $15 Billion Valuation
June 17 (Reuters) - Applied Intuition:APPLIED INTUITION CLOSES SERIES F AT $15 BILLION VALUATION, ACCELERATING VEHICLE INTELLIGENCE ACROSS ALL MOVING MACHINESAPPLIED INTUITION: CLOSED A $600 MILLION SERIES F FUNDRAISE AND TENDER OFFER AT A $15 BILLION VALUATIONAPPLIED INTUITION: FUNDING CO-LED BY BL...Reuters
Tue, Jun 17
North Korea will help Russia rebuild Kursk after Ukrainian incursion, Kim tells Putin ally
Shoigu, a Putin ally, and Kim hold talks in Pyongyang Shoigu says he's tasked by Putin with unspecified orders Pyongyang will help Moscow reconstruct Kursk region after Ukrainian incursion repelled, Shoigu says Moscow and Pyongyang draw closer in face of 'hostile West' By Andrew Osborn ...Reuters
Tue, Jun 17
Applied Intuition valued at $15 billion in latest fund raise
June 17 (Reuters) - Automotive software supplier Applied Intuition has secured a $15 billion valuation in a funding round where it raised a $600 million, the company said on Tuesday, signaling a strong investment appetite for commercialized autonomous vehicle technology.Reuters
Tue, Jun 17
'GTA VI' delay weighs on global videogame market growth, data shows
By Zaheer Kachwala June 17 (Reuters) - The global videogame market's growth rate is expected to improve marginally in 2025 from the previous year, according to a report from research firm Newzoo, seen exclusively by Reuters on Tuesday.Analysts and industry experts had projected a surge in ind...Reuters
Tue, Jun 17
Hamilton Re names Daws CEO with Graves set to retire from the company at year-end
By Michael JonesJune 17 - (The Insurer) - Hamilton Insurance Group has appointed Adrian Daws as CEO of Hamilton Re and Alex Baker as CEO of Hamilton Global Specialty, the company said on Tuesday.Megan Graves had served as CEO of Hamilton Re since 2020. She will retire from the company on December 31...Reuters
Tue, Jun 17
Senate Revised GOP Tax Bill: Debt Ceiling Raised to $5 Trillion, Tax Breaks Expanded
TradingKey - On Monday, U.S. Senate Republicans unveiled a revised version of President Trump's multi-trillion-dollar economic plan, focusing on tax and healthcare provisions. This latest iteration expands certain tax breaks and raises the debt ceiling to $5 trillion, permanently enacting three corpTradingKey
Tue, Jun 17
