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Alphabet to Buy Intersect for $4.75 Billion Deal

Mountain View, Calif. Alphabet announced on Dec. 22 that it will acquire energy and data-center developer Intersect for $4.75 billion to secure power for artificial intelligence workloads. The company said it will allow …

Kansas Approval Clears Way For Chiefs Stadium Move

TOPEKA, Kan. Kansas lawmakers approved a STAR bonds package Monday and the Kansas City Chiefs announced an agreement to relocate to Kansas beginning in 2031. The Legislature authorized up to 70% of a proposed stadium’s c…

San Francisco blackout affects 130,000 amid holiday weekend

San Francisco, United States. A power outage on Saturday, Dec. 20 cut electricity to about 130,000 customers after a fire at a Pacific Gas and Electric substation, officials said. The outage hit northern neighbourhoods i…

White House Announces Largest Drug Pricing Deals Yet

WASHINGTON — The Trump administration announced agreements with nine drugmakers to lower U.S. prescription prices and expand domestic manufacturing. Companies pledged to cut Medicaid prices to levels paid in peer nations…

U.S. Companies Report Mixed Quarterly Financial Results

Eden Prairie, Minn. — Winnebago Industries reported fiscal first-quarter net income of $5.5 million and adjusted earnings of $0.38 per share, beating analyst estimates, and projected full-year earnings of $2.10–$2.80 per…

Multiple U.S. Cities Consider Or Pass Local Ordinances

Pendleton and U.S. municipalities enacted or considered ordinances addressing storefront vacancies, renewable-energy siting, wetland buffers, cryptocurrency kiosks, speed rules, and data-center zoning. Pendleton’s counci…

Companies announce listings, sale, grants, opening, fiscal change

United States — Companies announced capital moves, acquisitions, openings and filings. On Dec. 11, HIVE Digital Technologies listed on the Colombian Stock Exchange, expanding Latin American markets access. Luminar agreed…

TikTok Agrees Sale of U.S. Unit to Investors

San Francisco — TikTok signed binding agreements this week to transfer control of its U.S. operations to a new joint venture led by Oracle, Silver Lake and MGX, CEO Shou Zi Chew wrote in an internal memo and confirmation…

US Affirms India Strategic Partner Despite Pax Silica

Washington: Under Secretary of State Jacob Helberg said on Wednesday that India’s absence from the newly launched Pax Silica initiative did not result from tariff disputes or broader political tensions, and he called Ind…

Two Rail Unions Oppose $85B UP-NS Merger Plan

Omaha, Neb. — Two major rail unions representing over half of Union Pacific and Norfolk Southern workers announced Wednesday they oppose the proposed $85 billion merger, citing increased safety risks, potential job losse…

Law Firm Investigates Multiple Companies Over Alleged Misrepresentations

New York, United States. Kuehn Law, PLLC announced on Tuesday that it is investigating federal securities lawsuits alleging officers and directors at Freeport‑McMoRan, Firefly Aerospace, Stride and Primo Brands misrepres…

Corporate Financing, Governance Actions Announced Across U.S. Firms

United States, Corporations announced recent funding and governance updates. Trulieve closed a US$140 million private placement of 10.5% senior secured notes on Dec. 17, 2025. Beneficient appointed Peter T. Cangany Jr. a…

Warner Bros Discovery Rejects Paramount, Upholds Netflix Merger

LOS ANGELES — Warner Bros Discovery’s board on Wednesday rejected Paramount Skydance’s $108.4 billion hostile tender offer, saying the bid lacked adequate financing assurances and that claims it was backstopped by the El…

Salvation Army drives, donations, expansion across communities

United States. Local news outlets reported this week on Salvation Army fundraising, donations, and program developments across communities. Mayo Clinic pledged a $50,000 match in Rochester to support a $200,000 red-kettl…

Ford halts Lightning production, repurposes EV plants

Detroit — Ford announced this week it will stop producing the all‑electric F‑150 Lightning, take about a $19.5 billion charge, repurpose several EV facilities to produce gasoline trucks and battery energy storage, and la…

US Seizes Venezuelan Tanker, Exports Drop, Sanctions Tighten

Washington, U.S. forces seized a Venezuelan supertanker in early December, asserting the vessel carried sanctioned crude linked to an oil network supporting Hezbollah and Iran’s IRGC. Authorities unsealed a warrant signe…

Corporations Announce Buybacks, Acquisitions, Dividends, and Partnerships

United States — Corporations across sectors announced financial and strategic actions this week, including share repurchases, dividends, asset acquisitions, credit reaffirmations, and partnerships. On Dec. 15–16, Momentu…

New Jersey Declares Emergency Over Propane Supply Disruption

TRENTON, New Jersey. Governor Phil Murphy declared state of emergency this Thursday after a service interruption at a propane distribution facility in Marcus Hook, Pennsylvania disrupted deliveries and threatened winter …

US Launches Pax Silica to Secure AI Chains

Washington, the United States recently launched Pax Silica, a coalition of allied nations to secure silicon supply chains critical to artificial intelligence and semiconductors. The State Department said leaders signed a…

Companies Bid $279 Million in Gulf Lease Sale

WASHINGTON — Oil companies offered $279.4 million Wednesday for offshore drilling rights in the Gulf of Mexico in the first of 30 lease sales planned under the Trump administration’s energy agenda. The Bureau of Ocean En…

Trump announces $12B aid; farmers express continuing concerns

RANDOLPH, Minn. The Trump administration announced $12 billion in one-time payments Monday to U.S. farmers affected by low commodity prices, rising input costs and reduced exports after China halted agricultural purchase…

USPS expands automation to address mounting delivery problems

United States postal operations reported increased package volumes and localized delivery disruptions. USPS officials and facility managers deployed new High Output Parcel Sorters, robots, and artificial intelligence to …

Multiple Companies Release Quarterly Results Showing Mixed Outcomes

United States. Multiple publicly traded companies reported quarterly financial results this week, with mixed outcomes. Netskope posted a fiscal third-quarter GAAP loss of $453.1 million but beat adjusted-per-share estima…

Court settlement returns permanent charters to NASCAR teams

CHARLOTTE, N.C. — Federal court proceedings concluded Thursday when NASCAR and two race teams settled a 14-month antitrust lawsuit over new charter agreements, ending a nine-day trial. Plaintiffs 23XI Racing and Front Ro…

December Public Offerings: Biotechs and EV Company Report

United States. Several companies announced or completed public equity offerings this week. On Dec. 9 Terns Pharmaceuticals filed for a proposed $400 million offering with a 30-day option for $60 million, and Denali Thera…

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