Merck KGaA Acquires Bio-Techne for $11.3 Billion in Largest Deal Since 2015
Germany's Merck KGaA will pay $11.3 billion for Bio-Techne, expanding its life sciences business with proteins, antibodies, and spatial biology capabilities.
Q2 Ends With Massive Portfolio Rebalancing as S&P 500 Pulls Back From Record Highs
The second quarter closes with institutional investors rebalancing portfolios after the S&P 500's 20% surge, as AI stocks retreat from early-June peaks.
Morocco Stuns Netherlands in Penalty Shootout, Advances to World Cup Round of 16
Morocco defeated the Netherlands 3-2 on penalties after a dramatic 1-1 draw in the Round of 32, sending the Dutch home from the 2026 FIFA World Cup.
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Business
FedEx Freight Spin-Off Creates America's Largest Standalone LTL Carrier
FedEx completes historic spin-off of its freight division, creating independently traded FDXF and reshaping the American logistics landscape.
Finance
S&P 500 Hovers Near Record Highs as Top 20% Power the Economy
Stock markets reach all-time highs, but economists warn that America's wealthiest consumers are doing all the heavy lifting—creating fragility beneath the surface.
Sports
Canada Makes World Cup History With Dramatic Stoppage-Time Victory Over South Africa
Stephen Eustáquio's 90th+2 minute goal sends Canada to the Round of 16 for the first time in World Cup history, defeating South Africa 1-0 in Los Angeles.
Business
Agility Robotics to Go Public in Historic .5 Billion SPAC Deal
Agility Robotics announces merger with Churchill Capital, making it the first humanoid robot company to trade on U.S. public markets.
Finance
Kevin Warsh Opens Fed Tenure With Rates Steady, Launches Policy Review
New Federal Reserve Chairman Kevin Warsh holds rates at 3.50%-3.75% in his first FOMC meeting while announcing a comprehensive review of monetary policy.