President Trump has directed the U.S. military to prepare for a new wave of strikes against Iran, according to The Wall Street Journal. The move follows the breakdown of diplomatic talks and raises the risk of significant disruption in global energy markets.
Warner Music Group has announced the immediate departure of its finance and operations chief, Armin Zerza, prompting an executive reshuffle that includes an interim CFO and a new COO.
Quantum computing firm IonQ has received regulatory clearance for its $1.8 billion acquisition of chipmaker SkyWater Technology after top U.S. Federal Trade Commission officials disagreed on whether to impose competitive safeguards.
Sandwich chain Jersey Mike's has closed its initial public offering of nearly 43.5 million shares at $23.00 each, with the company raising over $317 million in gross proceeds.
A proposed class-action lawsuit filed in Seattle accuses Amazon of 'greenwashing,' alleging that sustainability labels on its seafood products are misleading to consumers.
U.S. equity markets closed the week on a positive note, with the Nasdaq Composite posting a 1.00% gain driven by a significant rally in Amazon shares. The advance came despite a steep drop in Apple and underlying market data showing more declining stocks than advancers.
Brazil's benchmark Bovespa stock index advanced 0.47% on Friday, reaching its highest level in a month, propelled by gains in the financial, industrial, and basic materials sectors.
Canada's benchmark stock index, the S&P/TSX Composite, fell 0.79% on Friday, pressured by significant losses in the telecommunications and materials sectors. A sharp drop in Telus shares and falling gold prices contributed to the decline.
The ratings agency raised System1's credit rating from 'D' following a transaction that significantly lowered the company's leverage and annual interest expense. S&P cited an improved liquidity profile but noted ongoing business headwinds.
