Precision Aerospace and Defense to Go Public Via SPAC Merger

Precision Aerospace and Defense Group agreed to merge with the special purpose acquisition company Fact II to create a public company. The deal, which is expected to close in the first half of 2026, ...

MongoDB Lifts FY View on Higher 3Q Sales

In the current fourth quarter, MongDB expects revenue to be $665.0 million to $670.0 million with adjusted earnings per share of $1.44 to $1.48. Analysts expect $626 million in revenue and adjusted ...

Credo Technology Group Holding Ltd Reports Second Quarter of Fiscal Year 2026 Financial Results

Credo Technology Group Holding Ltd (Credo) (Nasdaq: CRDO), an innovator in providing reliable, energy-efficient, system-level connectivity solutions for the next generation of AI-driven applications, ...

Here’s a new way to shave hundreds of dollars off your tax bill — but it might make you feel like Scrooge on Giving Tuesday

Some people have an incentive to hold off on charitable giving until next year, in order to get the full tax reward for their ...

Credo Technology Swings to 2Q Profit as Revenue Surges

Credo Technology swung to a second-quarter profit as revenue more than tripled, boosted by the continued build out of artificial intelligence training and inference systems.

Algoma Steel to Cut 1,000 Workers Due to Tariffs -- Update

OTTAWA--Algoma Steel said it would eliminate about 1,000 jobs, or about a third of its workforce, as the company shuts down production from its blast furnace and coke ovens that became financially ...

Will bitcoin keep dropping? Why this technical analyst is eyeing a turnaround as soon as Tuesday.

Bitcoin was tumbling below $85,000 on Monday afternoon as a selloff in the world’s largest cryptocurrency picked up steam following its biggest monthly drop since February. But one analyst said the ...

Stock indexes end lower on Monday, breaking a five-day streak

The major U.S. stock-market indexes closed lower on Monday, starting the month of December in negative territory. This puts an end to a five-day winning streak that pushed the Dow Jones Industrial ...

Marsh McLennan Agency Acquires Three Hawaii-Based Insurance Brokerages

Marsh McLennan Agency, a business of Marsh, acquired three Honolulu-based insurance brokerages from investment firm Tradewind Group.

Buy Now, Pay Later Companies Asked to Share Lending Practices -- Update

The attorneys general sent a letter Monday to the six largest buy now, pay later providers seeking information about their pricing and repayment structures, as well as consumer contracts, agreements ...

WTW to Buy FlowStone Partners, Expanding Private Market Access

Willis Towers Watson is acquiring FlowStone Partners as it looks to expand its clients' access to private equity secondaries. The global insurance brokerage and advisory firm said buying FlowStone, an ...