Industry

Industry

Corporate operations and sector-specific developments. M&A, executive appointments, industrial policy, manufacturing, energy, and regulatory affairs.

industry

Culinary Workers Union Secures Historic Contract with Las Vegas Casinos

The Culinary Union Local 226 finalizes a landmark contract, achieving full unionization of Las Vegas Strip casinos.

#culinaryunion, #lasvegas, #laborrelations, #hospitality, #unions

industry

Nexstar Media Group in Advanced Talks to Acquire Tegna Inc.

Nexstar Media Group eyes acquisition of Tegna Inc., potentially reshaping U.S. TV landscape amid ongoing industry consolidation.

#nexstar, #tegna, #mergers, #television, #broadcasting

industry

Citigroup Appoints Former JPMorgan Veteran as Co-Head of M&A Division

Citigroup hires Guillermo Baygual as co-head of M&A to strengthen its investment banking capabilities.

#citigroup, #investmentbanking, #mergersandacquisitions, #jpmorgan

industry

KKR Shifts Strategy to Attract Wealthy Individual Investors

KKR's move to increase individual investor participation reflects a broader industry trend, impacting traditional equity dynamics.

#kkr, #privateequity, #investment, #wealthmanagement

industry

Union Pacific to Acquire Norfolk Southern in $85 Billion Deal, Sparking Industry Concerns

Union Pacific's $85B acquisition of Norfolk Southern aims to create the first transcontinental U.S. freight railroad but faces regulatory scrutiny.

#unionpacific, #norfolksouthern, #merger, #railroad, #freight

industry

Citigroup Appoints JPMorgan's Guillermo Baygual as Co-Head of M&A Division

Citigroup recruits Guillermo Baygual from JPMorgan to lead its M&A division, boosting investment banking growth under Viswas Raghavan.

#citigroup, #mergersandacquisitions, #jpmorgan, #investmentbanking

industry

Apple Commits Additional $100 Billion to U.S. Manufacturing

Apple boosts U.S. manufacturing with a $100B investment, fostering job growth and tech innovation amid trade tensions.

#apple, #investment, #manufacturing, #us, #technology

industry

Vista Equity and Blackstone Acquire Assent Inc. for $1.3 Billion

Vista Equity and Blackstone purchase Canadian software firm Assent for $1.3B, marking a strategic expansion in compliance management.

#privateequity, #compliance, #supplychain, #technology

industry

Eutelsat Reports €1.1 Billion Loss but Sees Growth in LEO Services

Eutelsat shifts strategy to focus on LEO satellites amid €1.1B loss, eyeing government and corporate markets.

#eutelsat, #satellites, #leo, #governmentcontracts

industry

U.S. Banking Sector Sees Surge in Mergers and Acquisitions Amid Regulatory Changes

U.S. bank mergers rise with Cadence Bank and Huntington Bancshares making strategic moves in Texas amidst favorable regulations.

#banking, #mergers, #us, #regulations

industry

Bausch Health Set to Acquire DURECT Corporation for $63 Million

Bausch Health to acquire DURECT for $63M, eyeing breakthrough in alcoholic hepatitis treatment.

#bauschhealth, #durectcorporation, #acquisition, #liverdisease, #biopharmaceutical

industry

Union Pacific to Acquire Norfolk Southern in $85 Billion Deal to Form Transcontinental Railroad

Union Pacific's $85 billion merger with Norfolk Southern aims to create the first US transcontinental railroad, pending regulatory approval.

#unionpacific, #norfolksouthern, #merger, #railroad, #transcontinental

industry

SEBI to Implement Structural Reforms in India's Derivatives Market

SEBI plans comprehensive reforms to curb unfair practices and protect small investors in India's booming derivatives market.

#SEBI, #derivatives, #reforms, #india, #investors

industry

Southwest Airlines Ends 'Bags Fly Free' and Introduces Assigned Seating

Southwest Airlines alters policies: ends 'Bags Fly Free', adopts assigned seating, amid financial pressures.

#southwestairlines, #aviation, #baggagefees, #travel, #airlines

industry

Failed Mega Mergers: Lessons from Corporate Unions That Unraveled

Exploring failed mega mergers like AOL-Time Warner and Kroger-Albertsons, highlighting strategic, cultural, and regulatory pitfalls.

#mergers, #business, #regulation, #strategy