The latest business headlines, venture capital, mergers, acquisitions, and business news from Blab.
On June 3 2026, Eli Lilly and Company (NYSE: LLY) announced a sharp 50 % cut in its planned German investment, trimming the figure from 2.3 billion euros to roughly 1.15 billion euros. The d...
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At Computex Week in Taipei on June 4, Nvidia CEO Jensen Huang lauded Marvell Technology’s optical‑interconnect chips, remarking that the company could become the next trillion‑dollar f...
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When a $620 million Pentagon loan to a rare‑earth magnet startup tied to Donald Trump Jr.’s venture firm hit the headlines, a group of Democratic lawmakers sent a formal letter to the Wh...
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When a small‑business finance team spends days chasing data, a new Workday tool promises to turn the chase into a quick, guided conversation. The company today unveiled Adaptive Decision I...
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When Amazon’s shares slipped more than 3% on Friday, the decline mirrored a broader sell‑off in chip stocks that had rattled investors across the tech sector. Over the past five trading ...
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Eli Lilly and Company (NYSE: LLY) announced its first‑quarter 2026 results on April 30, 2026. Worldwide revenue rose 56 % to $19.8 billion, driven largely by the company’s two flagship g...
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Daniel Loeb, the billionaire hedge‑fund manager behind Third Point Management, has re‑entered the AI arena by adding fresh positions in Alphabet Inc. and Meta Platforms Inc. in the first...
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Amul, the dairy cooperative behind the iconic brand, announced a ₹650‑crore investment to build its first fully‑owned mega dairy processing plant in West Bengal. The project, unveiled ...
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Zimbabwe’s marketing landscape is a paradox of abundance and paralysis. Firms collect more data than ever, yet they struggle to turn it into coherent growth strategies.The country’s comp...
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On June 2, GitLab Inc. (NASDAQ: GTLB) announced fiscal first‑quarter 2026 results that outpaced its own guidance. Revenue rose 23% year‑over‑year to $264.2 million, comfortably above t...
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When a mattress company’s secrets surface on the dark web, headlines don’t always come from the press. On Thursday, a leak portal operated by the Play ransomware gang—also known as Pla...
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On May 29, 2026, Twist Bioscience’s chief legal officer, Dennis Cho, made headlines by liquidating nearly a quarter‑million dollars of the company’s stock. In a Form 4 filed with the U...
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Black Rock Coffee Bar, Inc. (NASDAQ:BRCB) announced a long‑term expansion plan that sets a goal of 1,000 retail locations by 2035 and a 20% annual increase in units, revenue and profitabil...
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On 6 June 2026, Pakistan’s Federal Maritime Affairs Ministry announced a memorandum of understanding (MoU) with Saudi Arabia and domestic partners to explore the creation of a maritime bus...
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Semiconductor shares fell sharply this week, beginning with Broadcom’s first‑quarter earnings. The company’s report did not deliver the growth surprises investors had expected, and the...
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On Saturday, Hisense Group Co., Ltd., the Chinese electronics giant, announced a new investment in Pakistan through a partnership with Air Link Communication, a local subsidiary. The announc...
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In a move that will reshape Southeast Asia’s air travel landscape, Philippine Airlines (PAL) announced it will become the 16th member of the oneworld alliance, with full membership slated ...
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Pfizer Inc. reported a 1.6% drop in 2025 revenue to $62.6 billion, a sharp decline from the $100 billion peak reached in 2022 when the company’s COVID‑19 vaccine and antiviral sales were...
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On June 1, 2026, Motorola Solutions (NYSE: MSI) announced a definitive agreement to acquire Israeli counter‑drone specialist D‑Fend Solutions for $1.5 billion in cash and stock. The deal...
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Mohawk Industries, the world’s largest flooring manufacturer, posted a robust first‑quarter 2026 performance on April 30, reporting net sales that climbed 8 percent year over year to $2....
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In a quiet Flagstaff office, a breakthrough that could change aortic‑valve treatment finally cleared the FDA’s most rigorous hurdle. Corvention, a medical‑device startup headquartered ...
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On February 23, 2026, Microsoft announced that Asha Sharma would take the reins of its gaming division, replacing Phil Spencer after a 12‑year tenure. Sharma, who most recently led Microso...
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