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said David Solomon, CEO of Goldman Sachs.Bloomberg | Bloomberg | Getty Imagesgoldmans sachs announced on Monday that it has agreed to acquire Innovator Capital Management, a provider of defined outcome ETFs, for approximately $2 billion, in the latest deal to strengthen its asset management division.Goldman said the acquisition is expected to close in the second quarter of 2026 and will increase its ETF offering in a fast-growing corner of the investment world.Fixed-outcome ETFs use contracts that include options to mitigate downside risk or provide a targeted return over a set period of time. The innovator had $28 billion in assets…
Amidst the spate of big artificial intelligence deals this year with billions of dollars worth of change, Nvidia’s announcement Monday of a $2 billion investment to expand its long-standing partnership with Synopsys may seem like just another increment. Nvidia CEO Jensen Huang asserted that this is not the case in an interview with Jim Cramer shortly after the news broke. “This is a big deal,” Jensen said. Here’s why: Synopsys provides software and tools that enable companies like Nvidia to design, test, and validate semiconductors. “NVIDIA was built on a foundation of things like Synopsys design tools,” Jensen said. The…
Top U.S. officials were scheduled to gather at the White House to discuss Venezuela as President Donald Trump’s administration continues to defend its controversial dual attacks on drug smugglers in the Caribbean.The meeting, scheduled for Monday, comes as the U.S. military continues to surge assets to the Caribbean, Reuters reported. This has raised concerns about a possible ground invasion aimed at overthrowing the government of Venezuelan President Nicolás Maduro, despite mixed messages from President Trump in recent days.Recommended stories list of 3 itemsend of listLast week, the US president said ground operations against Venezuelan criminal organizations could begin “soon.” This…
Sheffield Wednesday have been handed a further six point deduction by the English Football League.The latest charges relate to the club’s failure to pay players’ wages in March, May and June this year, as well as other non-payments to staff and HMRC. The Owls received a 12-point deduction on Oct. 24 after filing for administration. The club currently sit at the bottom of the Championship table, with -10 points.Further charges may occur, but there will be no further point penalties and the current “fee cap” will be lifted once a new owner is established. Former owner Deifon Chansiri, who ended…
In her latest book, Girlhood at War, political scientist Vijosa Muryu tells the story of the 1998-99 Kosovo war through the eyes of her 12-year-old self. Muslim describes how, after the end of the war, international organizations quickly provided workshops on reconciliation and peacebuilding to Serbs and Albanians living in Kosovo.The final chapter, “Little Red Riding Hood,” describes one such session she attended as a teenager in 2002. Led by facilitators from Belgium and the UK, the workshop began with the story of Little Red Riding Hood, and participants were asked to reimagine the story from the wolf’s perspective.In the…
Planned data center construction shows no signs of slowing down, with new additions requiring 2.7 times (almost three times) the sector’s current electricity demand over the next 10 years, according to a new report from BloombergNEF. By 2035, data centers will consume 106 gigawatts of power, a significant increase from the 40 gigawatts used today. BloombergNEF said much of that growth will occur in more rural areas as facilities expand in size and land near urban areas becomes scarce. Part of the growth driver is the huge scale of the planned data centers. Today, only 10% of data centers consume…
Check out the companies making headlines before the bell. Synopsys — Synopsys, a developer of design automation models and software, soared 8% after Nvidia invested $2 billion in Synopsys common stock at $414.79 per share as part of a broader strategic alliance. Leggett & Platt — Shares rose 14% after the furniture parts maker received an unsolicited all-stock takeover offer from Somni Group International worth $12 per share. Wynn Resorts — The hotel and casino chain rose nearly 2% after Goldman Sachs added Wynn to its list of confirmed acquisitions. Goldman said the company has a “best-in-class” Las Vegas operation…
US President Donald Trump speaks to reporters during his trip from Palm Beach International Airport, Florida, USA to Washington DC on November 30, 2025. Anna Rose Leyden | ReutersThe White House on Monday released new details about President Donald Trump’s October MRI scan, providing a more comprehensive explanation of the procedure following questions about why the 79-year-old president underwent an advanced imaging test at Walter Reed National Military Medical Center.Spokeswoman Caroline Levitt read out a summary at a daily news conference, saying the MRI scan was part of Trump’s “comprehensive executive health examination” and was ordered because men of his…
Saint Marc, Haiti AP — Heavily armed gangs attacked a central Haiti region over the weekend, killing men, women and children as gangs torched houses and forced survivors to flee into the darkness. Police say 50% of the Artibonite area is now under gang control and have appealed for emergency assistance following large-scale attacks targeting towns such as Bercy and Pont Sonde. SPNH-17, one of Haiti’s police unions, said on Sunday X that “people cannot live, work or travel” and that “the loss of the country’s two largest sectors, the Western and Artibonite departments, is the biggest security failure in…
Manager Enzo Maresca criticized Premier League refereeing for a lack of consistency after Moses Caicedo was sent off against Arsenal on Sunday.That’s because Rodrigo Bentancur was only given a yellow card for a foul on Reece James last month, but the Chelsea manager said the challenge was “exactly the same foul”. Maresca admitted Caicedo deserved a red card for his foul on Mikel Merino at Stamford Bridge, but said he could not understand why Bentancur had not also received a red card a month earlier. “The only thing that is difficult to understand is that the judges are different,” Maresca…