business
Siemens Revenue Rises, But Net Profit Falls
The industrial conglomerate said it assumes the global economic environment will stabilize, and targets comparable revenue growth in the range of 6% to 8% for fiscal 2026. Source link
China ‘Singles’ Day’ Sales Show Modest Growth Amid Soft Consumer Demand
A major shopping event in China showed sales improved but not enough to dispel concerns that tepid consumer spending will continue to drag on the economy. Source link
Biomining Startup Gets $13.5 Million as Critical Minerals Race Gathers Speed
Endolith closed an initial tranche of a Series A round led by national security-focused venture-capital firm Squadra Ventures, and expects to raise $3 million more shortly. Source link
Packaging Company Sealed Air in Talks to Go Private
Private-equity firm Clayton Dubilier & Rice discussing deal for company. Source link
With the Push of a Button, the U.S. Mints Its Final Pennies
Production of one-cent coins comes to an official end after 232 years. Source link
Opinion | What Powers Union Politics? Dues Money
Do members of four large government-worker unions know where their wage deductions go? Source link
Basic Materials Roundup: Market Talk
Find insight on Hudbay Minerals, Voestalpine, and more in the latest Market Talks covering Basic Materials. Source link
Cisco Systems Boosts Outlook as Profit, Revenue Rise
Chief Executive Chuck Robbins said Cisco is on track for its strongest year yet after a solid start to the fiscal year due to strong artificial intelligence-driven demand. Source link
Opinion | Escape From Zohran Mamdani’s New York
The Big Apple’s socialist mayor may soon find that other people’s money is running out on him. Source link
Proxy Advisers ISS and Glass Lewis Are Facing Antitrust Probes
An FTC investigation is focused on how proxy advisers steer investors on climate and ESG. issues Source link