Marvell Technology announced Monday that it would acquire Lumentum Holdings in a deal valued at $115 billion, one of the biggest tech industry deals ever. Marvell said the purchase of Lumentum, which manufactures lasers, circuit switches and other products used for data centers, would make the enlarged company a “category leader in AI connectivity.” Marvell…
Democratic lawmakers are warning that the proposed $67 billion merger between NextEra Energy and Dominion Energy could reduce competition and raise electricity prices for consumers. In a letter to the Federal Energy Regulatory Commission (FERC) on Wednesday, the legislators expressed concern that the enlarged company would have excessive market power, allowing it to pass costs on to…
The family of Tierra Walker, who died of preeclampsia at the age of 37 when she was 20 weeks pregnant, has filed a lawsuit in Texas, saying she was denied an abortion that could have saved her life as her health quickly deteriorated. Lawyers for Walker’s family filed the lawsuit Tuesday in Bexar County District…
