business
Huntington Reaches $7.4 Billion Deal to Buy Cadence Bank
Consolidation is back on the table for banks, with several multibillion-dollar deals announced recently, as they face pressure to compete. Source link
Amazon Pledges More Than $1.6 Billion for AWS, Retail Business in the Netherlands
The tech giant is bolstering its cloud-computing and retail businesses in the country as it continues to expand in Europe. Source link
America’s Hottest New Investment: Rare-Earth Companies
The U.S. government and private financiers are pouring money into critical minerals, believing China won’t ever be a reliable supplier again. Source link
Porsche Shares Rise as Investors Look Beyond Tough 2025
Analysts say earnings and sentiment could now be at a trough, after the company late last week backed full-year guidance and reported earnings consistent with last month’s profit warning. Source link
Galp Expects to Exceed Full-Year Guidance After Earnings Rise
The oil-and-gas producer expects to surpass its full-year adjusted earnings and cash flow guidance as earnings grew despite weaker oil prices. Source link
Softbank-Backed Lenskart Solutions Seeks to Raise Up to $829M in India IPO
Lenskart Solutions, one of India’s largest eye-wear retailers, is planning to raise up to 72.78 billion rupees, equivalent to $828.8 million, in a share offering. Source link
‘Yellowstone’ Creator Taylor Sheridan to Leave Paramount for NBCUniversal
Sheridan’s hits for Paramount include “Tulsa King” and “Landman.” In addition to TV shows, he will make movies for NBCUniversal. Source link
More Big Companies Bet They Can Still Grow Without Hiring
JPMorgan Chase has a “strong bias” against adding staff, while Walmart is keeping its head count flat. American corporations are in a new, ultralean era. Source link
Novartis Agrees to Acquire Avidity Biosciences for $12 Billion
The Swiss pharmaceutical company says the purchase would complement its existing pipeline of treatments for neuromuscle disorders. Source link
Opinion | The Y’all Street Tax Plan for Texas
Three ballot measures would help extend the state’s financial services boom. Source link