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GlobalFoundries has announced that it will be investing $16B to expand US chip manufacturing
The new CEO of GlobalFoundries Inc., Tim Breen, has announced that the company will be making a $16B investment into chip manufacturing within the U.S. Apple Inc., Qualcomm Inc., and General Motors Co. have come together to back their semiconductor supplier, GlobalFoundries in its $16B investment plan. GlobalFoundries Inc., the largest U.S.-based producer of made-to-order […]Cryptopolitan
Wed, Jun 4
Other
Chinese hackers broke into US telecom earlier than previously known, Bloomberg reports
June 4 (Reuters) - Corporate investigators found evidence that Chinese hackers broke into a U.S. telecommunications company in the summer of 2023, indicating the hackers penetrated the U.S. communications system earlier than previously known, Bloomberg News reported on Wednesday.Investigators workin...Reuters
Wed, Jun 4
Forex
AUD/JPY Price Forecast: Retails bullish bias, despite retracing from 4-day high
The AUD/JPY erased some of its earlier gains, dropping 0.20% late during Wednesday’s North American session, as US equities finished mixed due to worse-than-expected US economic data. At the time of writing, the cross-pair trades at 92.73, after hitting a four-day peak of 93.58.
Fxstreet
Wed, Jun 4
Other
Gulf Island Fabrication Inc - Increases Share Repurchase Program To $10 Million
June 4 (Reuters) - Gulf Island Fabrication Inc GIFI.O:GULF ISLAND FABRICATION INC - INCREASES SHARE REPURCHASE PROGRAM TO $10 MILLION - SEC FILINGGULF ISLAND FABRICATION INC - EXTENDS SHARE REPURCHASE PROGRAM TO DECEMBER 2026 - SEC FILINGSource text: [ID:n0000950170-25-081666]Reuters
Wed, Jun 4
Other
REFILE-Exclusive: Guy Carpenter NA adds Jacobs, Maritzen and Mago in trio of senior hires
By David BullJune 4 - (The Insurer) - Guy Carpenter has added a trio of senior executives to its North American operations with the hiring of Martha Jacobs as healthcare branch manager and segment leader, Mark Maritzen as senior client executive and Damini Mago as head of cyber ILS for the region.Ja...Reuters
Wed, Jun 4
Other
Rivian Automotive, Inc. Prices $1.25 Billion Senior Secured Green Notes Offering
June 4 (Reuters) - Rivian Automotive Inc RIVN.O:RIVIAN AUTOMOTIVE, INC. PRICES $1.25 BILLION SENIOR SECURED GREEN NOTES OFFERING TO REFINANCE OUTSTANDING SENIOR SECURED NOTES DUE 2026RIVIAN AUTOMOTIVE INC - PROCEEDS TO REDEEM $1.25 BILLION OUTSTANDING NOTES DUE 2026Reuters
Wed, Jun 4
Other
Newsmax Files For Resale Of Up To 25.6 Million Shares Of Class B Common Stock By Selling Stockholder
June 4 (Reuters) - Newsmax Inc NMAX.N:NEWSMAX: FILES FOR RESALE OF UP TO 25.6 MILLION SHARES OF CLASS B COMMON STOCK BY SELLING STOCKHOLDER - SEC FILINGSource text: [ID:n0001213900-25-051178]Reuters
Wed, Jun 4
Other
Amazon's delivery and logistics will get an AI boost
Amazon to use AI for advanced warehouse robotsGenerative AI to enhance delivery maps for Amazon driversAI to optimize product stocking, reduce carbon emissionsBy Greg Bensinger SAN FRANCISCO, June 4 (Reuters) - Amazon AMZN.O wants customers to know that artificial intelligence is not just for wri...Reuters
Wed, Jun 4
Other
Kuke Music Holding Securities Purchase Agreement For Issuance & Sale Of 8.03 Million American Depositary Shares At $3.54 Per ADS
June 4 (Reuters) - Kuke Music Holding Ltd KUKE.N:KUKE MUSIC HOLDING: SECURITIES PURCHASE AGREEMENT FOR ISSUANCE & SALE OF 8.03 MILLION AMERICAN DEPOSITARY SHARES AT $3.54 PER ADSReuters
Wed, Jun 4
Other
Costco Wholesale Corporation Reports May Sales Results
June 4 (Reuters) - Costco Wholesale Corp COST.O:COSTCO WHOLESALE CORPORATION REPORTS MAY SALES RESULTSCOSTCO WHOLESALE CORP - REPORTS NET SALES OF $20.97 BILLION FOR MAYCOSTCO WHOLESALE CORP - COMPARABLE SALES FOR MAY: U.S. 4.1%, CANADA 3.3%, INTL 6.6%COSTCO WHOLESALE CORP - NET SALES FOR FIRST 39 W...Reuters
Wed, Jun 4
Other
Reservoir Media Inc - Management Amends Credit Agreement
June 4 (Reuters) - Reservoir Media Inc RSVR.O:RESERVOIR MEDIA INC - MANAGEMENT AMENDS CREDIT AGREEMENT - SEC FILINGRESERVOIR MEDIA INC - REVOLVING CREDIT COMMITMENT INCREASED TO $550 MILLION - SEC FILINGRESERVOIR MEDIA INC - INCREMENTAL BORROWING CAPACITY RESET TO $150 MILLION - SEC FILINGReuters
Wed, Jun 4
Other
Google hit with US lawsuit by Korean publishers, app developer
By Mike Scarcella June 4 (Reuters) - Two Korean publishing groups and a Korean app developer have sued Google in U.S. court, accusing the Alphabet GOOGL.O unit of illegally monopolizing Android app distribution and payment processing and causing them to pay overcharges.Korean Publishers Associati...Reuters
Wed, Jun 4
