USA Rare Earth’s $2.8 Billion Deal Creates the West’s Rare Earth Superpower
USA Rare Earth buys Serra Verde for $2.8B, gaining a key Brazil mine to secure rare earths supply from mine to magnets, outside China.
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AST SpaceMobile Loses Satellite After Blue Origin’s New Glenn Launch Failure
AST SpaceMobile's BlueBird 7 satellite was placed in the wrong orbit by Blue Origin’s New Glenn rocket and will be de-orbited. Insurance will cover the loss.
Google in Talks with Marvell to Develop New AI Chips for Faster Inference
Google is in talks with Marvell Technology to develop a new memory processing unit and an inference-optimized TPU to power its AI models more efficiently.
QXO Strikes $17 Billion Deal to Buy TopBuild – Now 2nd Largest Building Products Giant in North America
The deal is expected to close in Q3 2026 and immediately boost earnings.
American Airlines Rejects United Merger, Citing Harm to Competition
American Airlines rejected a merger with United, saying it would reduce competition, raise prices, and hurt passengers.
DOJ Prepares Antitrust Lawsuit Against Big Egg Producers Over Price Coordination
DOJ may sue Cal-Maine Foods and Versova for possibly coordinating to keep egg prices high during bird flu shortages.