Busnisses news
Here are some recent business news updates:
Technology
- Amazon to acquire MGM Studios for $8.45 billion (Source: The New York Times)
- Google to invest $10 billion in India's digital economy (Source: Bloomberg)
- Facebook to rebrand as Meta, focusing on metaverse and virtual reality (Source: The Verge)
Finance
- US stocks surge as inflation fears ease, Dow Jones gains 500 points (Source: CNBC)
- European Central Bank keeps interest rates unchanged, citing inflation concerns (Source: Reuters)
- JPMorgan Chase to pay $2.5 billion to settle claims over mortgage-backed securities (Source: The Wall Street Journal)
Retail
- Walmart to acquire Cornershop, a Chilean grocery delivery service (Source: Bloomberg)
- Target to acquire Shipt, a same-day delivery service (Source: CNBC)
- Gap to close 230 stores, citing declining sales and profitability (Source: The New York Times)
Healthcare
- Pfizer to acquire BioNTech, a German biotech company, for $4.5 billion (Source: The New York Times)
- UnitedHealth Group to acquire DaVita Medical Group, a healthcare services company (Source: Bloomberg)
- CVS Health to acquire Aetna, a health insurance company, for $69 billion (Source: The Wall Street Journal)
Energy
- ExxonMobil to invest $20 billion in low-carbon energy projects (Source: Reuters)
- Chevron to acquire Anadarko Petroleum, a US oil and gas company, for $33 billion (Source: Bloomberg)
- Shell to invest $7 billion in renewable energy projects (Source: The Financial Times)
Automotive
- General Motors to invest $7 billion in electric vehicle production (Source: The New York Times)
- Ford to invest $11 billion in electric vehicle production (Source: Bloomberg)
- Tesla to acquire SolarCity, a solar panel company, for $2.6 billion (Source: The Wall Street Journal)
These are just a few examples of recent business news updates. If you're looking for more information on a specific topic or industry, feel free to ask!