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GE Aerospace names veteran Mohamed Ali to head expanded CES unit
Reuters· 2026-01-15 14:49
Core Viewpoint - GE Aerospace has appointed Mohamed Ali as the head of its newly expanded commercial engines and services division, which will now encompass technology and operations [1] Group 1 - The new division will integrate various aspects of commercial engines and services, indicating a strategic shift towards a more comprehensive operational model [1] - Mohamed Ali is a veteran executive, suggesting that his leadership may bring significant experience and expertise to the division [1]
Wall Street bankers shift focus to busy 2026 after cashing in on big deals
Reuters· 2026-01-15 14:23
Wall Street's investment bankers expect to stay busy this year after reaping a windfall from big-ticket deals and stock market listings in 2025. ...
SiFive to adopt Nvidia technology for speedy links between chips
Reuters· 2026-01-15 14:02
SiFive, which makes blueprints for parts of complex chips, said on Thursday it will become the first maker of RISC-V chip designs to integrate Nvidia technology that creates speedy links between chips... ...
US weekly jobless claims unexpectedly fall amid seasonal adjustment challenges
Reuters· 2026-01-15 13:40
Core Viewpoint - The number of Americans filing new applications for unemployment benefits has unexpectedly decreased, but this does not indicate a significant change in the labor market, which remains stable [1] Summary by Relevant Categories Unemployment Benefits - The latest data shows a decline in new unemployment benefit applications, suggesting a temporary fluctuation rather than a trend [1] Labor Market - The labor market is described as being in a holding pattern, indicating that there are no substantial shifts or changes occurring at this time [1]
Morgan Stanley profit jumps on investment banking revival
Reuters· 2026-01-15 12:30
Morgan Stanley's profit rose as its investment bankers reaped a windfall from deals in the fourth quarter. ...
Goldman Sachs' profit rises on dealmaking, trading strength
Reuters· 2026-01-15 12:28
Core Insights - Goldman Sachs' profit increased in the fourth quarter, driven by dealmaking, enhanced trading revenues in a volatile market, and a one-time gain from exiting its credit card partnership with Apple [1] Group 1: Profit and Revenue Drivers - The profit rise was significantly influenced by dealmaking activities [1] - Stronger trading revenues contributed positively amidst market turbulence [1] - A one-time gain from the exit of the credit card partnership with Apple also played a crucial role in the profit increase [1]
Talen Energy to buy 2.6 GW of gas plants from ECP for $3.45 billion
Reuters· 2026-01-15 12:18
Core Viewpoint - Talen Energy is set to acquire approximately 2.6 gigawatts of natural gas-fired generation capacity from Energy Capital Partners for a total of $3.45 billion [1] Group 1: Company Actions - Talen Energy announced the acquisition of natural gas-fired generation capacity, indicating a strategic move to enhance its energy production capabilities [1] - The deal involves a significant investment of $3.45 billion, reflecting Talen Energy's commitment to expanding its operational footprint in the energy sector [1] Group 2: Industry Context - The acquisition of 2.6 gigawatts of capacity highlights the ongoing trend of consolidation within the energy industry, particularly in the natural gas sector [1] - This transaction may signal increased competition and investment in natural gas as a key energy source in the U.S. market [1]
UK watchdog orders Aramark to divest Entier after merger probe
Reuters· 2026-01-15 12:10
Group 1 - The UK competition watchdog has mandated that Aramark, a U.S.-based food service and facilities provider, divest its offshore catering firm Entier following an investigation [1] - The investigation concluded that the merger would substantially lessen competition in the market [1]
Boston Scientific to buy Penumbra in deal valued at $14.5 billion
Reuters· 2026-01-15 12:07
Group 1 - Boston Scientific announced the acquisition of Penumbra for approximately $14.5 billion [1]
India warns Apple it will proceed with antitrust case after company plays for time
Reuters· 2026-01-15 11:52
Core Viewpoint - India has issued a final warning to Apple regarding an antitrust case due to the company's delayed responses to officials for over a year, which is seen as undermining the investigation [1] Group 1: Antitrust Case - The Indian government is prepared to move forward with an antitrust case against Apple if the company does not comply with requests for information [1] - Apple has reportedly delayed its responses to Indian officials for more than a year, raising concerns about its cooperation with the investigation [1] - The situation highlights increasing scrutiny of major tech companies by regulatory bodies in various countries, including India [1]