Sept 10 (Reuters) - Construction spending on U.S. data centers reached an all-time high of $40 billion at a seasonally adjusted annual rate in June, as technology giants continue pouring billions into AI infrastructure, according to a Bank of America Institute report. BY THE NUMBERS The June figure represents a 30% increase from the previous year, following a 50% surge...

11:19 AM EDT, 09/10/2025 (MT Newswires) -- Astrazeneca ( AZN ) has received the US Food and Drug Administration's approval for selumetinib granules and capsules as treatment for pediatric patients of at least 1 year old with neurofibromatosis type 1, who have symptomatic, inoperable plexiform neurofibromas, according to an FDA statement Wednesday. According to the FDA, the approval was based...

Sept 10 - Moelis has hired veteran technology banker Timothy Roepke from Jefferies as the boutique investment bank continues to expand its technology M&A franchise, according to people familiar with the matter. Moelis and Jefferies declined to comment. Roepke is expected to start at Moelis in early 2026 and will report to Moelis' Global Head of Technology Investment Banking Jason...

(Reuters) -Construction spending on U.S. data centers reached an all-time high of $40 billion at a seasonally adjusted annual rate in June, as technology giants continue pouring billions into AI infrastructure, according to a Bank of America Institute report. BY THE NUMBERS The June figure represents a 30% increase from the previous year, following a 50% surge in 2024, the...