Senate Democrats have called on Republican leaders to hold hearings investigating a $500 million investment by an Abu Dhabi-backed entity in World Liberty Financial, a crypto firm linked to the Trump family. They want to examine if this investment influenced Trump administration decisions on arms sales and AI chip access to the UAE, raising national security concerns. The request follows months of scrutiny over World Liberty's foreign ownership, regulatory filings, and federal bank charter application. Democrats also criticized crypto regulation rollbacks and questioned related presidential pardons, while Trump denies involvement in daily operations.
Prologis Inc made a £12.6 billion all-share takeover offer for Segro PLC, valuing Segro at a 24.6% premium to its recent share price. Segro rejected the proposal, which would have given Prologis shareholders about 10.5% of the combined company. Prolo...
Agilon Health reported a strong Q1 2026 with $1.42 billion in revenue, beating consensus estimates by $40 million, and an adjusted EBITDA of $54 million, up 162% year-over-year. The company raised its full-year guidance across all key metrics, driven...
WuXi Biologics has successfully completed the first GMP production campaign at its new MFG17 drug substance facility in Shanghai, demonstrating stable process parameters and expected yields. The facility, with a 9,000-liter capacity and flexible sing...
The US-Iran ceasefire has held for over eleven weeks, easing tensions and allowing tanker traffic through the Strait of Hormuz to resume gradually. WTI crude oil prices fell to $72.72, breaking below key technical support, signaling bearish momentum,...
Strategy faces financial strain as its preferred stock (STRC) dropped to $82.50, a 17.5% discount to par, amid rising dividend commitments and shrinking cash reserves. Annual dividends surged from $300 million to $1.2 billion in six months, while cas...
