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Lawsuit says Musk's Tesla hires visa holders instead of Americans so it can pay less
Reuters· 2025-09-12 19:23
Tesla , the electric vehicle company led by billionaire Elon Musk, was accused in a lawsuit on Friday of favoring visa holders over Americans when making employment decisions so it can pay less. ...
Thales, Airbus, Leonardo eye initial agreement on 10 bln-euro satellite JV, sources say
Reuters· 2025-09-12 18:49
Core Viewpoint - European aerospace companies Leonardo, Thales, and Airbus are intensifying efforts to merge their satellite businesses into a joint venture valued at 10 billion euros ($11.7 billion) [1] Group 1: Company Initiatives - Leonardo, Thales, and Airbus are collaborating to create a significant joint venture in the satellite sector [1] - The joint venture aims to consolidate their satellite operations to enhance competitiveness in the aerospace market [1] Group 2: Financial Aspects - The proposed joint venture is estimated to be worth 10 billion euros, equivalent to approximately $11.7 billion [1]
Amazon tests GM electric delivery vans in bid to meet climate goals, Bloomberg News reports
Reuters· 2025-09-12 18:39
Amazon.com has been testing General Motors' BrightDrop electric van, as the e-commerce giant continues to explore options to reduce carbon emissions of its wide-spread delivery operation, Bloomberg Ne... ...
Exclusive: Vista-backed device management software firm Jamf explores a sale, sources say
Reuters· 2025-09-12 18:20
Core Viewpoint - Device management software provider Jamf is considering a sale due to its declining stock price, making it an attractive takeover target for other companies [1] Company Summary - Jamf is a provider of device management software [1] - The company is currently facing weakness in its stock price, which has prompted discussions about a potential sale [1] Industry Summary - The current market conditions have positioned Jamf as a prime candidate for acquisition by other firms [1]
Transit tech firm Via valued at $3.5 billion as shares fall in NYSE debut
Reuters· 2025-09-12 18:10
Via Transportation shares fell 4.4% in their NYSE debut on Friday, valuing the transit technology maker at $3.5 billion. ...
Winklevoss twins' crypto exchange Gemini valued at $4.4 billion in strong Nasdaq debut
Reuters· 2025-09-12 17:56
Gemini Space Station shares jumped 32.2% in their Nasdaq debut on Friday, giving the cryptocurrency exchange a valuation of $4.4 billion and capping a bright week for digital asset companies in a resu... ...
Sellers on Amazon, MercadoLibre face competitive barriers, Mexico watchdog rules
Reuters· 2025-09-12 17:47
An investigation into Mexico's e-commerce market found that sellers on Amazon and MercadoLibre faced barriers to competition, the nation's anti-trust watchdog Cofece said on Friday. ...
Boeing Defense workers reject contract, strike continues
Reuters· 2025-09-12 17:18
Core Viewpoint - Striking workers at Boeing Defense have rejected the company's latest contract offer, indicating ongoing labor disputes and potential operational impacts for the company [1] Group 1 - The rejection of the contract offer suggests dissatisfaction among workers regarding the terms proposed by Boeing Defense [1]
Black Rock Coffee Bar valued at $1.27 billion as shares jump in Nasdaq debut
Reuters· 2025-09-12 17:10
Shares of Black Rock Coffee Bar rose 32.5% in their Nasdaq debut on Friday, valuing the cafe chain at $1.27 billion. ...
Strathcona's Waterous confident on MEG Energy response to sweetened offer
Reuters· 2025-09-12 17:08
Group 1 - The executive chair of Strathcona Resources expressed confidence that the enhanced offer to acquire MEG Energy will be sufficient to secure victory in the ongoing bidding war [1] - The bidding war for MEG Energy has attracted significant attention, indicating a competitive landscape in the Canadian oil sector [1] - Strathcona Resources is actively engaged in negotiations, highlighting the strategic importance of this acquisition for the company's growth and market positioning [1]