Amazon.com Inc. is in advanced talks to acquire satellite operator Globalstar Inc. in a deal that would boost the tech giant’s efforts to build its own satellite operation, according to people familiar with the matter. Source link
High oil, gas and food prices could force growth to slow if the US-Israel conflict with Iran continues, the IMF says. Source link
JPMorgan Chase (JPM) CEO Jamie Dimon shrugged off worries about the private credit sector on Tuesday, saying that the concerns weren’t “systemic.” “It almost can’t be systemic at that size relative to anything else,” Dimon said during a Tuesday earnings call with analysts. “I’m not particularly worried about it,” he added. Dimon said that during…
Oracle (ORCL) stock surged by as much as 8% Tuesday morning on news that the data center and cloud operator has signed a deal to purchase as much as 2.8 gigawatts of fuel cell power from the energy provider Bloom Energy (BE). Bloom stock surged nearly 20% on Tuesday morning. The terms of the agreement…
These days the biggest factor determining what high earners owe the government is how they make their money. Source link
Amazon.com Inc. agreed to acquire satellite operator Globalstar Inc. in a deal that would boost the tech giant’s efforts to build its own satellite operation. Source link
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EV maker Lucid (LCID) made a flurry of major announcements on Tuesday, naming a new CEO and securing much-needed investment, as the company sets itself up for its next evolution. Lucid named Silvio Napoli as its next chief exec, replacing interim CEO Marc Winterhoff, who will return to his role as COO. Napoli, who most…
L. Barbee Ponder IV, bottom left, general counsel and vice president of Regulatory Affairs for Globalstar, shows Brendan Carr, left center, chairman of the Federal Communications Commission, some of the features of its new satellite control center in Covington on Monday, March 17, 2025. (Photo by Chris Granger, The Times-Picayune) Source link
The businessman was accused of several crimes, including fundraising fraud and bribery. Source link
