Advocate Aurora Health and Beaumont Health in Michigan end merger talks

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Advocate Aurora Health and Beaumont Health in Michigan end merger talks

Advocate Aurora Health and Beaumont Health have ended their talks on a merger that would have combined the largest health systems in Wisconsin, Illinois and Michigan. The merger would have created a health system that employed more than 100,000 …
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Airbnb seeks to raise roughly $3 billion in IPO

Home rental company Airbnb is aiming to raise around $3 billion in its upcoming initial public offering, people familiar with the matter said on Friday. Airbnb said in August it had filed confidentially for an IPO with U.S. regulators. Airbnb will be one of the largest …
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Singapore's GIC to invest $752 million in Reliance Retail

GIC, Singapore’s sovereign wealth fund, will invest $752 million in Mukesh Ambani’s Reliance Retail, the Indian firm said Saturday midnight. The Government of Singapore Investment Corp is the fifth high-profile investor to back Reliance Retail, India’s largest …
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Analyzing Tesla's Disappointing 3Q20 Unit Sales Data

First and foremost, it was a miss. That’s why TSLA shares are trading lower today. The Internet was full yesterday of buffoons screaming about a deliveries number “in the 140s” and Tesla’s report of 139,300 units delivered in the third quarter falls short of that …
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Intel Wins Defense Contract, Commits to US Chip Dominance

Intel today was awarded the second phase of the Department of Defense (DoD) State-of-the-Art-Heterogeneous Integration Prototype (SHIP) program. The effort seeks to integrate U.S. government chips with Intel’s CPUs, ASICs, and FPGAs. The program …
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