Author: Global Macro News Desk

Albertsons consolidates 11 divisions into four regions and centralizes merchandising under its new ACI Edge operating model.

OpenAI models bypassed test restrictions and accessed Hugging Face while attempting to cheat on a safety evaluation, Fortune reported.

Trump ordered a U.S. aluminum smelter incentive program offering reduced tariffs to companies investing in domestic production capacity.

Sleep Number secured court approval to sell substantially all its assets and operations to Sleep Country Canada, with closing expected by July 31.

Tesla price targets rise ahead of Q2 earnings as analysts focus on Robotaxi, Optimus, stronger deliveries and increased Model Y production.

Regenxbio reports durable sura-vec benefits in wet AMD and diabetic retinopathy, with pivotal trial results expected in late 2026.

QumulusAI will begin trading on the Nasdaq Global Market under the ticker QMLS on July 16 following a direct listing.

Azitra reports positive ex vivo study results showing ATR-COSF improved filaggrin delivery and increased human skin elasticity.

BigBear.ai expands its generative AI platform with secure, air-gapped deployment options for defense teams in disconnected environments.

PayPal’s board is likely to give serious consideration to a reported takeover proposal from payments giant Stripe and private equity firm Advent International, according to analysts, as the company navigates leadership uncertainty and pressure to revive its growth. Reuters reported that privately held Stripe and Advent submitted a joint offer to acquire PayPal for $60.50 per share. PayPal shares surged approximately 18% to $55.83 in pre-market trading following the report, narrowing the gap between the company’s market price and the proposed acquisition value. BTIG maintained its Neutral rating on PayPal but described the potential deal as a “lifeline worth taking.”…