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Neurocrine Biosciences to acquire Soleno in $2.9B rare disease expansion

Neurocrine Biosciences (NASDAQ:NBIX) announced today a definitive agreement to acquire Soleno for $53 per share in an all-cash transaction valued at approximately $2.9 billion, significantly broadening its commercial portfolio in the rare disease and endocrinology sectors.

Read more: Neurocrine Biosciences to acquire Soleno in $2.9B rare disease expansion
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Technology

Red Cat partners With HADDY to scale AI-driven robotic 3D printing for maritime defense

Red Cat (NASDAQ:RCAT) has announced a strategic partnership between its maritime division, Blue Ops, and HADDY to deploy large-scale robotic 3D printing and Agentic AI production systems, aiming to double the manufacturing capacity of its uncrewed surface vessel (USV) platforms.

Read more: Red Cat partners With HADDY to scale AI-driven robotic 3D printing for maritime defense
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Technology

Vertical Aerospace hits historic milestone with first piloted eVTOL transition

Vertical Aerospace (NYSE:EVTL) has achieved what it describes as a landmark moment in aviation history, successfully completing the first piloted thrustborne transition of a full-scale electric vertical takeoff and landing (eVTOL) aircraft.

Read more: Vertical Aerospace hits historic milestone with first piloted eVTOL transition
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Technology

A2Z Cust2Mate secures landmark $50M smart cart contract with Carrefour Israel

A2Z Cust2Mate Solutions (NASDAQ:AZ) has reached a definitive five-year strategic agreement with Carrefour Israel to deploy 4,000 smart shopping carts, marking one of the largest commercial rollouts of AI-powered retail technology to date.

Read more: A2Z Cust2Mate secures landmark $50M smart cart contract with Carrefour Israel
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Economy

Markets brace for Tuesday deadline as Trump threatens Iranian power grid

Global financial markets entered a state of high-alert Monday morning as President Donald Trump issued a final, televised ultimatum to Tehran, threatening the total destruction of Iran’s industrial infrastructure if the Strait of Hormuz is not reopened by Tuesday evening.

Read more: Markets brace for Tuesday deadline as Trump threatens Iranian power grid
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Economy

U.S. job growth beats forecasts in March amid escalating geopolitical risks

U.S. hiring rebounded more sharply than anticipated in March as the return of striking healthcare workers and seasonal warming bolstered payrolls, providing a temporary reprieve for a labor market increasingly clouded by Middle East conflict and trade volatility.

Read more: U.S. job growth beats forecasts in March amid escalating geopolitical risks
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Trump signs executive order threatening 100% tariffs on foreign-made patented drugs

President Donald Trump signed an executive order on Thursday that could impose catastrophic 100% tariffs on imported patented medicines, using the threat of massive levies to force global pharmaceutical giants into domestic manufacturing and aggressive price-cutting agreements.

Read more: Trump signs executive order threatening 100% tariffs on foreign-made patented drugs
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Technology

Microsoft pledges $10B to Japan in massive AI and cybersecurity push

Microsoft (NASDAQ:MSFT) has committed to a 1.6 trillion yen ($10 billion) investment in Japan over the next three years, marking the company’s largest-ever capital injection into the country as it races to build the infrastructure required for the global generative AI boom.

Read more: Microsoft pledges $10B to Japan in massive AI and cybersecurity push
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Oil and Gas

BP names trading chief Carol Howle deputy CEO to sharpen strategic focus

BP (NYSE:BP) has appointed long-serving executive Carol Howle as Deputy CEO, effective immediately, a move that centralizes the firm’s strategic and trading operations as it navigates intensifying pressure to balance green energy ambitions with fossil fuel returns.

Read more: BP names trading chief Carol Howle deputy CEO to sharpen strategic focus