The company reviving the U.S. rare earth industry, from mine to magnet

About a decade after he bought a shuttered rare earths mine that was, literally, partially underwater, MP Materials CEO James Litinsky has transformed his business into a pivotal player in…

Roomba maker iRobot files for bankruptcy, sells itself to Chinese company

Roomba maker iRobot filed for Chapter 11 bankruptcy protection on Sunday and said the robotic vacuum cleaner would sell itself to a Chinese contract manufacturer.  Shenzhen PICEA Robotics Co., which…

Company that made lift used in Louvre heist hopes to cash in

German businessman Alexander Böcker was reading the news with his wife last Sunday when she told him about a robbery at the Louvre in Paris. “My wife said, ‘Well, look…

Video game company behind "The Sims" to be acquired in $55 billion deal

Video game company Electronic Arts (EA), known as the maker of the “The Sims” and “Madden NFL,” is being acquired in a $55 billion deal. The California-based company said Monday…

Nexstar to acquire rival broadcast company Tegna in $6.2 billion deal

Nexstar Media will acquire rival broadcast company Tegna for $6.2 billion, according to a joint announcement on Tuesday, another sign of consolidation in an already contracting TV broadcast sector. The…

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