WASHINGTON (Reuters) - Former SpaceX engineer Scott Nolan, CEO of startup General Matter, is on a mission to help end Russia's monopoly on a type of more-enriched nuclear fuel by producing it at commercial scale in the United States and slashing its costs. Nolan incorporated San Francisco-based General Matter this year in order to make high-assay low-enriched uranium, or HALEU,...

07:04 AM EST, 12/09/2024 (MT Newswires) -- Lundin Mining ( LUNMF ) on Monday said it agreed to sell its Neves-Corvo operation in Portugal and Zinkgruvan operation in Sweden to Boliden for up to US$1.52 billion. Lundin will receive US$1.37 billion at closing and up to US$150 million in contingent payments upon satisfaction of certain conditions. The company will use...

Dec 9 (Reuters) - Arthur J Gallagher ( AJG ) said on Monday it has agreed to acquire insurance broker AssuredPartners in a $13.45 billion deal, as it looks to bolster presence in the vast and fast-growing middle-market segment. Gallagher follows in the footsteps of rival insurance brokers Aon and Marsh McLennan ( MMC ), which have struck deals worth...

07:08 AM EST, 12/09/2024 (MT Newswires) -- Activist investor Barington Capital has taken a stake in Macy's (M) and is advocating for significant changes to improve the department store's struggling stock, The Wall Street Journal said on Monday, citing a presentation crafted by Barington to Macy's shareholders to disclose its position. The report said that one major proposal would create...