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June 6, 2021

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Blackstone-led group reportedly nearing a $30 billion deal to buy medical supply maker Medline

CNBC
CNBC – For more and to sign up click here A worker at Medline Industries gathers exam gloves to include into Personal Protection Equipment (PPE) kits to be shipped out to various health facilities at their warehouse in Mundelein, Illinois, U.S., on Monday, Oct. 20, 2014. Photographer: Tim Boyle/Bloomberg via......

Aircraft maker Archer seeks to dismiss competitor’s lawsuit claiming theft of trade secrets

CNBC
CNBC – For more and to sign up click here A rendering of Archer’s planned electric aircraft, which the company says will be capable of 60 miles at speeds of up to 150 mph Archer Archer Aviation wants a judge to dismiss a lawsuit claiming it violated trade secrets to......

EXCLUSIVE U.S. tyre maker Goodyear faces allegations of labour abuse in Malaysia

Reuters
American tire manufacturer Goodyear Tire & Rubber Co (GT.O) is facing accusations of unpaid wages, unlawful overtime and threats to foreign workers at its Malaysian factory, according to court documents and complaints filed by workers. In interviews with Reuters, six current and former foreign workers, and officials with Malaysia’s labour......

Scrubs maker FIGS valued at $4.57 bln in stellar debut

Reuters
FIGS Inc’s (FIGS.N) shares jumped nearly 29% in their market debut on Thursday, valuing the company at $4.57 billion, indicating robust investor interest after the maker of medical scrubs, face masks and shields saw a jump in demand during the COVID-19 pandemic. The shares opened at $28.30 each, up from......

Jennifer Granholm sells holdings in electric bus maker after Republican criticisms

Politico
Politico.com – For more and to sign up click here Secretary Jennifer Granholm had been a board member for Proterra, but resigned before being confirmed to head the Department of Energy. | Evan Vucci/AP Photo Energy Secretary Jennifer Granholm sold her holdings in electric bus maker Proterra this week, DOE......

Troubled Vaccine Maker and Its Founder Gave $2 Million in Political Donations

New York Times
During the first three months of this year, Emergent reported spending $1.47 million on lobbying, enlisting the services of more than two dozen lobbyists from 10 firms. Federal campaign disclosure records show that donations to the Emergent BioSolutions Inc. Employees PAC run the gamut. Board members and executives like Mr.......

Meet Trae tha Truth, the 2021 Billboard Music Awards’ Change Maker Honoree – E! Online

eonline
Trae tha Truth’s hard work as both an artist and an activist is getting noticed. The 40-year-old Houston-based rapper–who dropped his latest full-length album, Exhale, in 2019–is… E! Online – For more and to sign up click here To Return to the Main Aggregate News Page – click here...

Tattooed Chef to acquire Mexican foods maker

FoodBusinessNews
PARAMOUNT, CALIF. — Plant-based foods maker Tattooed Chef, Inc. has entered into agreements to acquire New Mexico Food Distributors, Inc. and Karsten Tortilla Factory, LLC (collectively referred to as Foods of New Mexico) for approximately $35 million in cash. Founded in 1987 and headquartered in Albuquerque, NM, Foods of New......

Boat maker Brunswick seeing big demand as buyers become more diverse, CEO says

CNBC
CNBC – For more and to sign up click here Boat maker Brunswick is rushing to keep up with demand as more people become interested in boating, CEO David Foulkes said Friday. The executive told CNBC’s Jim Cramer that Brunswick’s boat sales have grown by double digits in three straight......

Crocs shares soar as shoe maker raises 2021 sales outlook, sees growth of 40% to 50%

CNBC
CNBC – For more and to sign up click here Crocs store in New York City. Michael Brochstein | SOPA Images | LightRocket | Getty Images Crocs shares shot up more than 8% Tuesday after the shoe maker increased its revenue outlook for the full year and reported record first-quarter......

EXCLUSIVE Space entrepreneur Max Polyakov acquires South Africa’s Dragonfly satellite maker

Reuters
A satellite produced by South African company Dragonfly Aerospace is seen in an undated illustration. MaxPolyakov.space/Handout via REUTERS Max Polyakov, an ultra-wealthy entrepreneur with ambitions of building a space transportation empire, has acquired South African satellite maker Dragonfly Aerospace, he told Reuters. The deal gives Polyakov an anchorpoint in the......

UFC partners with COVID-19 screening app, mask maker for UFC 261

mmafighting.com
Fans who attend UFC 261 and UFC 262 are free to decide whether or not they want to wear a mask inside the arena for the full capacity events, UFC President Dana White declared on Monday. “It’s up to you,” White said in an interview with Yahoo! Sports. “It’s your......

Website maker Squarespace files to go public on NYSE through direct listing

CNBC
CNBC – For more and to sign up click here Squarespace CEO Anthony Casalena. Squarespace Squarespace, which makes software for people to build websites, on Friday filed to go public on the New York Stock Exchange under the symbol “SQSP.” The company is eschewing a traditional initial public offering, where......

Biden declares South Korean battery maker deal a win for U.S. electric vehicle production

CNBC
CNBC – For more and to sign up click here President Joe Biden during remarks on the American Jobs Plan in the South Court Auditorium at the Eisenhower Executive Office Building on April 7, 2021. Demetrius Freeman | The Washington Post | Getty Images President Joe Biden on Sunday declared......

Nike settles lawsuit against maker of Lil Nas X ‘Satan Shoes’

Reuters
FILE PHOTO: ?Satan Shoes?, a shoe produced by Brooklyn-based company MSCHF Product Studio Inc in collaboration with the rapper Lil Nas X, is shown in this advertising undated photo displayed in a legal complaint filed by Nike. MSCHF/Handout via REUTERS NEW YORK (Reuters) -Nike Inc said on Thursday it has......

Kroos the key difference maker as Real Madrid thwart lacklustre Liverpool

ESPN
Football fans and pundits seem to like to turn everything into a punchline these days but please feel free to sneer at those who quickly joke: “Well Liverpool got a taste for thrashing La Liga teams at Anfield judging by that Barcelona time in the 2019 semifinal so… no big......

Tortilla maker to invest $2.7 million in expansion

FoodBusinessNews
SANTA FE, NM. — La Primera Tortilla Factory has announced plans to invest $2.7 million in equipment and add 14 employees over the next three years at its facility in Sunland Park, NM. To help facilitate the expansion, La Primera will receive a $500,000 job creation grant from the New......

Argentine leftist group protests AstraZeneca COVID-19 vaccine maker amid delays

Reuters
BUENOS AIRES (Reuters) – An Argentine far-left workers group protested on Monday outside local vaccine market mAbxience, which is producing the Oxford University/AstraZeneca COVID-19 drug for the region, criticizing delays to doses being available in the country. Around 50-100 people, organized by the Workers’ Left Front-Unity alliance, protested with banners......

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