ETS Spa Engineering and Technical Services announced it will purchase a 51% controlling interest in ST S.r.l., with the deal set to close on July 16, 2026. The company stated the acquisition will be funded entirely using its own internal resources.
Russell Vought, the outgoing interim director of the Consumer Financial Protection Bureau, clashed with Democratic lawmakers in a congressional hearing, defending his efforts to shrink the agency as economically beneficial while facing accusations of undermining consumer protections.
During a contentious Senate confirmation hearing, Jay Clayton, President Trump's nominee for Director of National Intelligence, repeatedly refused to directly state that Joe Biden won the 2020 election, raising concerns among Democrats.
The artificial intelligence startup Anthropic is arranging meetings with potential investors, a key step as it prepares for a possible initial public offering, according to a CNBC report.
Dave Brown, a senior vice president at AWS and a member of CEO Andy Jassy's advisory 'S-team,' is leaving the company. He will be replaced by fellow S-team member Dave Treadwell in a key leadership transition for the cloud division.
Dave Brown, a 19-year veteran and senior vice president at Amazon Web Services, is set to leave the company. He will be replaced by Dave Treadwell, another senior leader from Amazon's e-commerce division, effective August 1.
Sweden's benchmark OMX Stockholm 30 index fell 0.38% on Wednesday, dragged down by losses in the industrial, energy, and telecom sectors, though gains in banking shares limited the decline.
Finland's benchmark stock index, the OMX Helsinki 25, closed lower on Wednesday, weighed down by significant losses in the telecommunications and technology sectors. The decline occurred despite a majority of individual stocks on the Helsinki exchange posting gains for the day.
Belgium's benchmark BEL 20 index closed down a marginal 0.08% on Wednesday, with losses in sectors like technology and basic materials offsetting gains in other component stocks.
