Dow Roars Back 1,100 Points As Iran War Jitters Ease
Markets staged a relief rally as reports suggested the U.S.-Iran conflict might be easing, pushing the Dow more than 1,100 points higher. Tech and chip names led the move as oil fell.
Novo Nordisk Axes 400 Jobs At Troubled Bloomington Plant
Novo Nordisk will lay off roughly 400 workers at its Bloomington manufacturing site in early May, a cut that affects about one in five roles amid ongoing regulatory scrutiny. City officials say they will work to connect impacted employees with support and job resources.
Allbirds Fire Sale: $39 Million Deal Knocks San Francisco’s Favorite Kicks Off Their Perch
Allbirds agreed to sell its IP and many assets to American Exchange Group for about $39M, and will seek stockholder approval as the company prepares to wind down. This marks a steep fall from its IPO era.
Boies’ Legal Heavyweights Chase $147 Million Payday From Google In San Francisco Showdown
A David Boies-led team has asked a San Francisco judge for about $147 million in attorneys' fees after a jury found Google liable for collecting app data. The fee motion heads to a court hearing this summer.
Nvidia’s $2 Billion Silicon Power Play Locks In Marvell On Santa Clara’s AI Front Line
Nvidia has put $2 billion into Marvell and inked a partnership to fold the Santa Clara chipmaker into its NVLink Fusion and silicon‑photonics roadmap. The move accelerates optical interconnects for large AI clusters.


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