05:01 AM EDT, 08/25/2025 (MT Newswires) -- (Updates to add TPG's response in the fourth paragraph) TPG (TPG) is working with financial advisers to explore a potential sale of XCL Education, Bloomberg reported Monday, citing unnamed people familiar with the matter. A potential deal could value Singapore-based XCL at up to $1.5 billion, the report said, adding that discussions are...

05:10 AM EDT, 08/25/2025 (MT Newswires) -- (Updates to add Wells Fargo ( WFC ) and the OCC's response in the fourth paragraph.) JPMorgan Chase ( JPM ) and other banks in the US are lobbying the Office of the Comptroller of the Currency for uniform national standards that would supersede state-imposed rules, Reuters reported Friday, citing three sources familiar...

05:26 AM EDT, 08/25/2025 (MT Newswires) -- Rocket Lab ( RKLB ) said Friday the US Government will support it with $23.9 million award through the Department of Commerce, part of the CHIPS and Science Act. The company said that with this, it will boost its investments in the US to expand semiconductor manufacturing capacity and provide supply chain security...

SAN FRANCISCO (Reuters) -U.S. President Donald Trump is injecting nearly $9 billion into Intel in exchange for a 9.9% equity stake. But the money - which the struggling chipmaker was slated to receive anyway under a federal funding act - will not be enough for its contract-chipmaking business to flourish, analysts said. What Intel needs is external customers for its so-called...