Services firm WSP Global said on Monday it will acquire U.S. power and energy firm TRC Companies in a $3.3 billion all-cash deal. ...

Core Viewpoint - Nasdaq is planning to submit paperwork to the U.S. Securities and Exchange Commission to initiate round-the-clock trading of stocks, aiming to meet the global demand for U.S. equities [1] Group 1 - Nasdaq is one of the world's largest exchanges, hosting major tech companies such as Nvidia, Apple, and Amazon [1] - The initiative for 24/7 trading reflects a strategic move to capitalize on increasing global interest in U.S. equities [1]

Ford Motor said on Monday it will take a $19.5 billion writedown and is killing several electric-vehicle models, in the most dramatic example yet of the auto industry's retreat from battery-powered mo... ...

Goldman Sachs is restructuring its influential technology, media, and telecom (TMT) investment banking group with an eye toward infrastructure deals and artificial intelligence, creating two new teams... ...

Core Point - President Donald Trump is considering signing an executive order to reclassify marijuana as a less dangerous drug [1] Group 1 - The potential reclassification of marijuana could impact its legal status and accessibility [1] - This move may influence the cannabis industry, potentially leading to increased investment and market growth [1] - The decision reflects a shift in the government's approach to drug policy, which could have broader implications for public health and safety [1]

German state-owned utility Uniper will launch the sale of its 20% stake in the natural gas pipeline Opal, one of Europe's largest transmission corridors, the company said on Monday. ...

Elon Musk on Monday became the first person ever worth $600 billion, Forbes said, on the heels of reports that his SpaceX startup was likely to go public at a valuation of $800 billion. ...

The Atlanta Federal Reserve said on Monday it had begun the process for choosing a replacement for outgoing President Raphael Bostic, with plans to hire an executive search firm to assemble "a large pool of candidates who have meaningful ties to the Sixth Federal Reserve District." ...

Core Viewpoint - The U.S. Food and Drug Administration (FDA) has issued warning letters to four major retailers for selling baby formula associated with a bacterial illness outbreak in infants, despite prior advisories [1] Group 1: Regulatory Actions - The FDA's warning letters highlight ongoing concerns regarding the safety of baby formula products in the market [1] - The retailers involved have been identified as continuing to sell products linked to the outbreak, raising questions about compliance with health regulations [1] Group 2: Health Implications - The bacterial illness outbreak has significant implications for infant health, necessitating immediate action from both retailers and regulatory bodies [1] - The situation underscores the importance of stringent safety measures in the baby formula industry to protect vulnerable populations [1]

Core Insights - OpenAI has appointed Albert Lee, previously a senior director of corporate development at Google, as its new vice president of corporate development [1] Company Developments - The appointment of Albert Lee is expected to enhance OpenAI's corporate development strategy [1]