06:37 AM EDT, 06/20/2025 (MT Newswires) -- GMS (GMS) shares spiked early Friday after QXO (QXO) offered to purchase the building products distributor for roughly $5 billion earlier in the week. QXO on Wednesday proposed to acquire GMS for $95.20 per share in cash, reflecting a 27% premium to the latter's 60-day volume-weighted average price at the close of that...

06:36 AM EDT, 06/20/2025 (MT Newswires) -- Amazon.com ( AMZN ) 's cloud services provider, Amazon Web Services, plans to invest about $4 billion under a 7 trillion South Korean won ($5.11 billion) investment by SK Group to build an AI data center in Ulsan, Reuters reported Friday, citing the Science Ministry. Construction of the country's largest data center will...

06:37 AM EDT, 06/20/2025 (MT Newswires) -- BRC (BRCC) said Friday it has named Matthew Amigh as chief financial officer, effective July 7. Amigh previously served as CFO of Ethos Pet Nutrition. ...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...