Sale of Kepware and ThingWorx businesses enables PTC to increase focus on Intelligent Product Lifecycle vision Transaction will provide the Kepware and ThingWorx businesses with additional resources for growth BOSTON and SAN FRANCISCO and FORT WORTH, Texas, Nov. 5, 2025 /PRNewswire/ -- PTC and TPG, a leading global alternative asset management firm, today announced a definitive agreement under which TPG will...

* AI expected to drive some workforce reductions, Scharf says * Asset cap removal allows Wells Fargo ( WFC ) to expand By Lananh Nguyen and Nivedita Balu NEW YORK/TORONTO, Nov 5 (Reuters) - Wells Fargo ( WFC ) CEO Charlie Scharf said on Wednesday he expects the U.S. bank's workforce to decline further as it focuses on efficiency. It's...

GREENWICH, Conn., Nov. 5, 2025 /PRNewswire/ -- Silver Point Capital, a global leader in credit investing, today announced that its Direct Lending business has served as a Joint Lead Arranger in the $450 million secured term loan financing supporting the acquisition of Goodyear Chemical, a leading producer of synthetic rubber, by Gemspring Capital Management. Gemspring's acquisition of the Goodyear Chemical...

Bloom Energy Corp ( BE ) is trading sharply higher on Wednesday afternoon, benefiting from a broader market rebound that saw the Nasdaq-100 gain over 1% by midday. The positive momentum follows the finalization of a major capital raise, which had pressured the stock when it was first announced last week. BE is charging ahead with explosive momentum. Get the...