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Siemens Taking Over ebm-papst’s Industrial Drive Technology Business
Siemens AG has entered into an agreement to acquire ebm-papst's industrial drive technology (IDT) business, which boasts approximately 650 employees.
This business encompasses intelligent, integrated...
Local
Tennessee Senate Passes $2 Billion Package to Avoid Lawsuits
The Tennessee Senate passed a nearly $2 billion tax and refund package for businesses on Thursday, aiming to address potential legal threats regarding the...
Market
Tesco Cash and Carry Stores Accused of Squeezing Village Stores Out of Business
Village stores are expressing concern over what they perceive as a fight for survival, alleging that Tesco, the supermarket giant, is employing its cash-and-carry...
Market
Toni Belloni Leaves the Managing Director Position At LVMH
LVMH's ongoing management reshuffle sees Toni Belloni, group managing director and chairman of the executive committee, stepping down from his duties and leaving the...
News
Sports Car Brand Mclaren Fully Taken Over By Bahrain
Bahrain's sovereign wealth fund has acquired full ownership of the McLaren Group, known for its production of high-end sportscars and a majority stake in...
News
Boeing CEO Dave Calhoun Stepping Down After Safety Investigations into the Company
Boeing CEO Dave Calhoun has announced his intention to step down from the company by the end of the year, signaling a significant leadership...
News
Verizon Business Introduces Experiences Room and Workplace Tools
Verizon Business has introduced a cutting-edge Experiences Room powered by 5G and AI, alongside a range of mobile workplace collaboration tools and cloud-connected calling...
News
Intel and AMD Chips Sidelined in China in Favor of Domestic Options
China has rolled out guidelines aimed at curbing the use of processors from U.S.-based companies such as Intel and AMD, alongside a move to...