Tag: deal

Trump Says He’d Give Ukraine ‘More Than They Ever Got’ If Russia’s Putin Doesn’t Accept Peace Deal

Former president Donald Trump suggested he’d threaten to expand U.S. support for Ukraine if Russian president Vladimir Putin refused to accept negotiations to quickly end the ongoing fighting between Russia and Ukraine. Mr. Trump, who is running to retake the White House in 2024, has repeatedly suggested he could end the fighting between Russia and…


Companies Reach $1.18 Billion Deal to Resolve Claims From ‘Forever Chemicals’ Water Contamination

TRAVERSE CITY, Mich.—Three chemical companies said Friday they had reached a $1.18 billion deal to resolve complaints of polluting many U.S. drinking water systems with potentially harmful compounds known as PFAS. DuPont de Nemours Inc., The Chemours Co., and Corteva Inc. said they would establish a fund to compensate water providers for contamination with the…


US, Taiwan Sign Trade Deal Over China’s Opposition

WASHINGTON—The United States signed a trade agreement Thursday with Taiwan over opposition from China. The two governments say the U.S.–Taiwan Initiative on 21st Century Trade will strengthen commercial relations by improving customs, investment, and other regulation. The measure was signed by employees of the unofficial entities that maintain relations between the United States and Taiwan,…


Apple Inks Multi-Billion-Dollar Deal With Broadcom for US-Made Chips

Apple Inc. on Tuesday said it has entered a multi-billion-dollar deal with chipmaker Broadcom Inc. to use chips made in the United States. Under the multi-year deal, Broadcom will develop 5G radio frequency components with Apple that will be designed and built in several U.S. facilities, including Fort Collins, Colorado, where Broadcom has a major…


JPMorgan Expects $3 Billion Income Boost From First Republic Deal

NEW YORK—JPMorgan Chase & Co.’s net interest income would rise by $3 billion this year due to its purchase of failed First Republic Bank, according to a presentation published ahead of its investor day on Monday. The largest U.S. lender agreed to take into its books $173 billion of the failed bank’s loans, $30 billion…


HEICO to Buy Wencor for $2 Billion to Boost Aircraft Generic Parts Portfolio

Aerospace supplier HEICO Corp. said it will buy Wencor Group in a deal valued at $2.05 billion to boost its portfolio of generic parts. The deal, announced on Monday, comes at a time when airlines and aircraft repair shops in North America are increasingly relying on used and generic parts to keep jets flying, as…


Microsoft Signs Power Purchase Deal With Nuclear Fusion Company Helion

Private U.S. nuclear fusion company Helion Energy will provide Microsoft with electricity in about five years, the companies said on Wednesday, in the first such deal for the power source that fuels the sun but has been elusive on Earth. Government labs and more than 30 companies are racing to generate power from fusion, which…


Eagles’ Hurts Says Big-Money Deal Won’t Change His Mentality

PHILADELPHIA—Philadelphia Eagles quarterback Jalen Hurts is wealthier after getting his new contract. However, his mentality has not changed. Wearing a green suit and matching tie, Hurts spoke on Monday for the first time since agreeing with the Eagles last week on a five-year, $255 million deal. The contract guarantees Hurts $179.3 million. “ Money is…


Russia Says Black Sea Grain Deal May Be Nearly Over

MOSCOW—Russia on Thursday said there would be no extension of the UN-brokered Black Sea grain deal beyond May 18 unless the West removed a series of obstacles to the export of Russian grain and fertilizer. The Ukraine grain Black Sea export deal was brokered by the United Nations and Turkey in July last year to…


UK to Examine Broadcom’s $61 Billion VMware Deal in Depth

Britain said it would investigate Broadcom’s acquisition of VMware in depth after the U.S. chipmaker offered no immediate undertakings in response to its concerns about the impact of the $61 billion deal on the server market. Britain’s Competition and Markets Authority said earlier this month that Broadcom’s acquisition of the cloud computing and virtualization company…