Business

NVIDIA Once Tried To Buy Arm For $40 Billion. They’ve Now Sold All Shares NVIDIA Corp. sold off the last of its stake in Arm Holdings Plc, a chip technology company that it tried and failed to acquire five years ago. NVIDIA unloaded 1.1 million shares, worth about $140 million based on Arm’s closing price

Ormat signs 150 MW geothermal power deal with NV Energy to supply Google in Nevada Feb 17 (Reuters) – Renewable energy company Ormat Technologies (ORA.N), opens new tab said on Tuesday that it has entered into a long-term geothermal power purchase agreement with NV Energy to support Google’s (GOOGL.O), opens new tab operations in Nevada.

Reliance-backed Zivame bets on India’s small cities with fresh store blitz, COO says Mumbai, Feb 17 (Reuters) – Reliance Industries (RELI.NS), opens new tab-backed lingerie retailer Zivame plans to open 60 to 80 franchise-led stores over the next year, its chief operating officer said, as it looks to tap India’s smaller cities for future growth.

Starboard Value plans majority overhaul of Tripadvisor board, WSJ reports Feb 16 (Reuters) – Activist investor Starboard Value plans to push for a major overhaul of Tripadvisor’s (TRIP.O), opens new tab board, and is preparing to nominate a majority slate for the company’s eight-member board, the Wall Street Journal reported on Monday. Starboard now holds

Goldman Sachs plans to drop DEI from board-candidate criteria, WSJ reports Feb 16 (Reuters) – Goldman Sachs (GS.N), opens new tab is preparing to eliminate race, gender identity, sexual orientation, and other diversity-related factors from the criteria its board uses to assess prospective candidates, The Wall Street Journal reported on Monday, citing people familiar with

Federal Court Fines Mobil Oil Australia $11.3 Million for Misleading Conduct Feb 17 (Reuters) – Federal Court of Australia has fined Mobil Oil Australia A$16 million ($11.3 million) over misleading claims about fuel sold at petrol stations in parts of Queensland, the country’s competition regulator said on Tuesday. In 2024, the Australian Competition and Consumer

Activist Elliott builds over 10% stake in Norwegian Cruise Line, WSJ reports Feb 16 (Reuters) – Activist investor Elliott has built a more than 10% stake in Norwegian Cruise Line (NCLH.N), opens new tab and plans to push for changes within the cruise operator, the Wall Street Journal reported on Monday, citing people familiar with