Highlights: August 8, 2022 - August 13, 2022
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Amazon acquires iRobot in $1.7 billion deal
Amazon will acquire iRobot under a $1.7 billion all-cash deal...Berkshire Hathaway Q2 net loss attributable to shareholders $43.76 billion
Berkshire Hathaway reported that its second quarter net loss attributable to shareholders was $43.76 billion or $29,754 per class A share compared to net earnings of $28.09 billion or $18,488 per class A share in the same quarter last year...Veolia to sell Suez's1 UK waste business to Macquarie for 2.4bn euros
Veolia announced the execution of a unilateral put agreement whereby Macquarie Asset Management irrevocably undertakes to acquire 100% of the share capital of Suez Recycling and Recovery UK Group, regrouping Suez waste activities in the UK...Emerson to sell InSinkErator to Whirlpool for $3 bln
Emerson announced an agreement to sell its InSinkErator business to Whirlpool Corporation for $3.0 billion...Pfizer to acquire Global Blood Therapeutics for $5.4 billion
Pfizer and Global Blood Therapeutics announced the companies have entered into a definitive agreement under which Pfizer will acquire GBT, a biopharmaceutical company dedicated to the discovery, development and delivery of life-changing treatments that provide hope to underserved patient communities, starting with sickle cell disease (SCD)...Avalara to go private in $8.4 billion deal with Vista Equity
Avalara said it had agreed to be acquired by private equity firm Vista Equity Partners in a deal that values the automation software platform at $8.4 billion including debt...Community First Bancorporation Q2 earnings increased 154.9%
Community First Bancorporation, parent company of Community First Bank, announced its financial results for the second quarter of 2022...AFB International to create more than 100 new jobs in Columbus, Georgia
AFB International will invest more than $79 million in a new facility in Columbus, Georgia, creating more than 100 new jobs in the next five years...New logistics centre of Lidl in Lapovo, Serbia to employ 250
Prime Minister Ana Brnabic attended on August 8 the opening of the second logistics centre of company Lidl in Serbia, which will employ 250 people and thus will significantly contribute to the increase of living standards in that municipality...Munich Re Q2 profit 768m euros
Munich Re generated a profit of 768m euros (1,106m) in the second quarter of 2022, and 1,376m euros (1,695m) in the first six months of the year...Devon Energy to buy Validus for $1.8 billion
Devon Energ said it will buy Validus Energy, an Eagle Ford basin operator, for $1.8 billion in cash...Whirlpool acquires InSinkErator for $3 billion
In the all-cash deal, Whirlpool has entered into a definitiative purchase agreement to acquire the InSinkErator business, based in Mount Pleasant, Wis., from parent company Emerson Electric Co. of St. Louis, Mo...Micron to invest $40 billion by 2030 to build U.S. memory plants
Micron Technology said it will use anticipated government grants and credits to help it invest $40 billion by the end of the decade to build out U.S. semiconductor manufacturing capacity...U.S. inflation eased in July after gasoline and used cars prices fell
The Labor Department said the consumer price index rose 8.5% in July from the same month a year earlier, down from 9.1% in June...Inflation in Portugal rises to 30 year high
The Consumer Price Index (CPI) in Portugal rose to 9.1 percent in July 2022, the highest since November 1992, according to the Portuguese National Statistics Institute (NSI)...Producer Owned Beef will create more than 1,500 new jobs in Amarillo, Texas
Producer Owned Beef (POB) will create a new beef processing plant in Amarillo, Texas...Duluth Trading Company creates more than 300 new jobs in Bartow County, Georgia
Duluth Trading Company will build a new distribution and fulfillment facility in Adairsvill, Georgiae...Canada Goose Q1 2023 revenue grew 24.2%
Canada Goose announced financial results for Q1 2023 ended July 3, 2022...88 Energy found 1.03 billion barrels of oil
88 Energy has reported a maiden, independently certified prospective resource estimate of 1.03 billion barrels of oil - on a gross mean, unrisked basis - for the Project Icewine East development, which the business holds a 75 percent net working interest in...WebstaurantStore expands operations in Georgia, creates 213 new jobs in Bryan County
WebstaurantStore will construct a new distribution facility in Ellabell, Georgia...Abbott to create 1,000 new jobs in Kilkenny and Donegal, Ireland
Abbott Laboratories has announced plans to create 1,000 jobs as part of of a 440m euros investment here...