iRobot Gets Another Extension on Loan Waiver as Financial Struggles Continue
Roomba maker iRobot extends debt waiver to Dec 1, 2025 after potential buyer withdraws. Company warns it may seek bankruptcy protection without additional capital.
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Forge Global Explores Sale as Stock Plunges 90% Since 2021 IPO
Private startup trading platform Forge Global seeks buyers after market value crashes to $200M. Cash reserves drop as revenue falls short of promises made during pandemic-era listing.
Lululemon Teams Up with NFL to Launch Fan Apparel Line
Lululemon partners with NFL and Fanatics to launch fan apparel for all 32 teams, expanding beyond yoga wear into sports merchandise starting October 28.
American Water and Essential Utilities Merge to Create $40 Billion Water Giant
American Water Works (AWK) and Essential Utilities (WTRG) announce all-stock merger creating $40B water utility giant serving 4.7M connections across 17 states, expected to close Q1 2027.
Qualcomm Launches AI Chips to Challenge Nvidia's Dominance in Data Centers
Qualcomm unveils AI200 and AI250 chips for data centers, entering the booming AI infrastructure market with competitive alternatives to Nvidia's dominant processors arriving in 2026-2027.
Trian and General Catalyst Make $46 Per Share Buyout Offer for Janus Henderson
Asset manager Janus Henderson receives $46/share takeover proposal from Trian Fund Management and General Catalyst, representing 56% premium over recent trading prices.