Pokémon Go Maker Niantic Sells Unit to Saudi Fund for $3.5 Billion
Niantic, the company behind the runaway hit Pokémon Go, said Wednesday that it has agreed to sell its video game business for $3.5 billion to Scopely, a company owned by…
Swedish Battery Maker Northvolt Collapses, a Blow to Europe
Northvolt, Europe’s biggest hope for producing batteries in the region to power the transition to electric vehicles, will be split up and sold after it filed for bankruptcy on Wednesday…
German Arms Maker Rheinmetall Has Record Sales in ‘Era of Rearmament’
The German defense contractor Rheinmetall, Europe’s largest producer of munitions, said on Wednesday that it was positioned to profit from the region’s willingness to increase military spending as President Trump…
Abortion Pill Maker Enters Legal Fight Over F.D.A. Rules
The country’s largest manufacturer of abortion pills is wading into the first major legal battle over abortion of President Trump’s second term. The company, GenBioPro, on Tuesday asked a Texas…
Nikola, Electric Truck Maker, Files for Bankruptcy
Nikola, an electric vehicle start-up that had once hoped to become the Tesla of heavy trucks, filed for bankruptcy protection on Wednesday. Founded in 2015, Nikola promised to develop long-haul…
HP to Buy Humane, Maker of the Ai Pin, for $116 Million
Humane, the ambitious start-up behind the Ai Pin device that aimed to one day replace smartphones, agreed to sell parts of its business to HP for $116 million, the companies…
7 Surprisingly Busy Days in the Life of an Experimental Theater Maker
January is known as a time when New York commercial theater recovers from its holiday bender and takes a break from openings. It’s another story for the experimental performance scene,…
Trump, the Deal Maker in Chief, Is Back
The questions facing a new Trump era Good morning on this Inauguration Day. Welcome to Round 2 of President Donald Trump. No matter your politics, it is likely to be…