Algonquin Power to sell 64% stake in Chilean utility Suralis for $126M (AQN:NYSE)

Gargolas/iStock via Getty Images Algonquin Power & Utilities (AQN) said post-market Friday it agreed to sell its ~64% ownership stake in Chilean water utility Suralis S.A. to Chilean asset manager Toesca S.A. Administradora General de Fondos. Algonquin (AQN) said it expects to receive $126.5M Source link

Kalshi takes legal blow in court ruling confirming state powers over prediction markets

This latest U.S. appeals court ruling sets up a rift between federal courts on event contracts, suggesting the U.S. Supreme Court may need to settle the matter. Source link

General Electric wins up to $319.5M J85 engine contract modification

General Electric (GE) announced on Friday that it was awarded a maximum $319.5M contract modification to exercise an option for J85 engine supplies. The option covers a two-year, four-month period, with work expected to be completed by December 31, 2028. Source link

The Five Red Flags Costing You Time

By Jeff Altman, The Big Game Hunter If you’ve spent hours polishing a resume and cover letter for a job that never responds, you’re not imagining a broken process. You may have applied to a ghost job–a listing companies post or leave open with no real intention of hiring anyone.…

J&J wins China nod for oral psoriasis pill (JNJ:NYSE)

josefkubes Chinese regulators have approved Icotyde, a once-daily pill developed by Johnson & Johnson (JNJ) and Protagonist Therapeutics (PTGX) as a treatment for plaque psoriasis, a skin-related autoimmune disease, according to a company statement. China’s National Medical Products Administration approved Icotyde Source link

Microsoft exec tries to soothe employee worries over data center impact: report (MSFT:NASDAQ)

GummyBone Microsoft (MSFT) executive Noelle Walsh attempted to soothe concerns from employees over the impact its data centers are having on society, Bloomberg reported. Walsh, who is Microsoft’s development chief, wrote a letter to employees that said though artificial intelligence is making it Source link

Docusign’s ARR guidance to get increased attention, BofA says (DOCU:NASDAQ)

Docusign (DOCU) is set to report fiscal second-quarter results on Sept. 3, and Bank of America believes its guidance for annual recurring revenue will get increased attention from investors. “While the core e-signature business remains healthy and retention trends continue Source link