Latest breaking budiness news
Here are some of the latest breaking business news stories:
Top Stories
- Amazon to Acquire MGM Studios: Amazon has agreed to acquire MGM Studios, the iconic film and television production company, for $8.45 billion. The deal is expected to close in the fourth quarter of 2022. (Source: The New York Times)
- Elon Musk's Neuralink Raises $205 Million: Neuralink, a neurotechnology company founded by Elon Musk, has raised $205 million in funding from investors, valuing the company at over $1 billion. (Source: Bloomberg)
- Walmart to Acquire Cornershop: Walmart has agreed to acquire Cornershop, a Chilean grocery delivery company, for $225 million. The deal is expected to expand Walmart's e-commerce capabilities in Latin America. (Source: Reuters)
Tech News
- Google to Launch New Pixel 6 Pro: Google is set to launch its new Pixel 6 Pro smartphone, featuring a larger 6.7-inch screen and improved camera capabilities. (Source: The Verge)
- Microsoft to Acquire F5 Networks: Microsoft has agreed to acquire F5 Networks, a cybersecurity company, for $19.7 billion. The deal is expected to strengthen Microsoft's cloud security offerings. (Source: CNBC)
- Apple to Launch New AirPods Pro: Apple is set to launch new AirPods Pro earbuds, featuring improved noise cancellation and water resistance. (Source: CNET)
Finance News
- Dow Jones Hits Record High: The Dow Jones Industrial Average has hit a record high, driven by strong earnings reports from major companies such as Apple and Microsoft. (Source: CNBC)
- Fed Raises Interest Rates: The Federal Reserve has raised interest rates for the third time this year, citing strong economic growth and rising inflation. (Source: The Wall Street Journal)
- Goldman Sachs to Launch New Cryptocurrency Trading Desk: Goldman Sachs is set to launch a new cryptocurrency trading desk, allowing institutional investors to buy and sell digital currencies. (Source: Bloomberg)
Retail News
- Target to Acquire Shipt: Target has agreed to acquire Shipt, a grocery delivery company, for $550 million. The deal is expected to expand Target's e-commerce capabilities in the grocery space. (Source: Reuters)
- Walmart to Launch New Grocery Delivery Service: Walmart is set to launch a new grocery delivery service, allowing customers to order groceries online and have them delivered to their homes. (Source: The Wall Street Journal)
- Amazon to Launch New Clothing Line: Amazon is set to launch a new clothing line, featuring affordable and trendy clothing options for women. (Source: Forbes)
These are just a few of the latest breaking business news stories. Stay tuned for more updates throughout the day!