Spirit AeroSystems

Boeing Reaches Agreement to Acquire Spirit AeroSystems for $4.7 Billion: Report

Boeing reportedly agreed to purchase Spirit AeroSystems for $4 billion after months of talks. The damaged Spirit AeroSystems sign is seen damaged after an EF3 tornado touched ground on April 15, 2012 in Wichita, Kansas.


RedBox Owner Chicken Soup for the Soul Entertainment Files for Bankruptcy, Reporting $970 Million Debt

Chicken Soup for the Soul Entertainment filed for Chapter 11 bankruptcy, disclosing $970 million in debt.

EU Antitrust Regulators to Scrutinize Microsoft’s $13B OpenAI Investment Over Cloud Exclusivity

The European Union's antitrust regulators are set to scrutinize Microsoft’s $13 billion investment in OpenAI, focusing on the exclusive use of Microsoft's cloud technology and its potential impact on competition.

Time Magazine Partners with OpenAI, Allowing ChatGPT to Access, Cite Its Content

Time magazine has signed a multi-year content deal with OpenAI, granting ChatGPT access to its news archives, with financial terms undisclosed.


Latest News

Volkswagen Reveals $5 Billion Investment, Partnership with EV Maker Rivian
German automaker Volkswagen announced that it would invest $5 billion in US-based electric vehicle maker Rivian as part of a joint venture to share EV architecture and software.
OpenAI Buys Rockset, Integrates Team and Tech to Improve Enterprise Data Accessibility
OpenAI is acquiring the enterprise analytics start-up Rockset, integrating its technology and team to enhance data usability and enable developers to build more intelligent applications.
UPS
UPS said that RXO will purchase its Coyote Logistics subsidiary for $1.025 billion. A United Parcel Service (UPS) driver leaves with his truck from a UPS facility that is delivering vaccines to Washington, DC, and Maryland areas March 15, 2021 in Landover, Maryland.
Alaska Airlines, Flight Attendants Union Achieve 'Record' Tentative Labor Agreement
Alaska Airlines and its flight attendants' union have reached a historic tentative labor agreement, marking the end of a prolonged period without new contracts and pending approval by union leadership and membership.
Shares of Australian-Mexican Food Chain Guzman y Gomez Soar North of 30% in Trading Debut
Australian Mexican restaurant chain Guzman y Gomez went public on June 20, 2024 at the Australian Stock Exchange and traded over 30% north of its IPO of A$22 ($14.67) per share.
France Leads in Generative AI Funding Race in Europe
France is leading in the generative AI funding race in Europe, according to a new report. France is leading in the generative AI funding race in Europe, according to a new report by venture capital firm Accel and analysts at Dealroom.
Rite Aid
Rite Aid is closing more than 20 US stores, according to court documents filed this week in its federal bankruptcy case.
Fisker
Fisker filed for bankruptcy after purchase talks with a multinational automaker failed. A logo sits illuminated outside the Fisker booth at the SK telecom booth on day 1 of the GSMA Mobile World Congress on February 28, 2022 in Barcelona, Spain.
hyundai
Hyundai intends to sell 142.2 million shares in an IPO for its Indian subsidiary. The Hyundai logo is displayed at the New York International Auto Show, March 28, 2018 at the Jacob K.
China's Li Visits NZ to Strengthen Business, Trade Ties
Chinese Premier Li Qiang is in New Zealand for a three-day trip aimed at strengthening business and trade ties between the two countries.
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