The Finland foreign minister signed the accession document, and Finland has become the 31st member of the North Atlantic Treaty Organization (NATO) security alliance.
The move is a strategic and political blow to Russia's Vladimir Putin, who has repeatedly complained about NATO's expansion toward Russia and partly used that as a justification for invading Ukraine.
The cryptoverse has a new request for Twitter Chief Elon Musk after his recent logo tweak: make Dogecoin (DOGE/USD) the official currency of the microblogging platform.
One such call was made by David Gokhshtein, who runs crypto media firm Gokhshtein Media asked Musk on Twitter if he would consider making DOGE the platform's official currency.
Richard Branson's Virgin Orbit Holdings Inc (NASDAQ: VORB) has filed for Chapter 11 bankruptcy, a day after flagging substantial doubt about its ability to continue as a going concern for at least 12 months.
Virgin Orbit lodged the Chapter 11 bankruptcy filing in the U.S. Bankruptcy Court for the District of Delaware on Tuesday.
The company listed assets and liabilities between $100 million and $500 million, per the filing.
NASA and the Canadian Space Agency named the four astronauts who will be part of their Artemis II mission on Monday.
NASA astronauts Reid Wiseman, Victor Glover, and Christina Hammock Koch, and CSA astronaut Jeremy Hansen shall be part of the 10-day Artemis II mission around the Moon, NASA said in a statement.
Li, at a recent industry conference, said Nio would not be a part of EV price wars as its gross margins are too low.
Blind price cutting will create ruthless competition in the country, he added while speaking at an industry conference.
Walt Disney Co (NYSE: DIS) CEO Bob Iger hit back at Florida's Republican Governor Ron DeSantis on Monday for apparently retaliating against the entertainment behemoth.
Iger said at the company's annual shareholder's meeting that though Disney may not have handled its position on Florida's so-called "Don't Say Gay" bill well, corporations have a right to air their opinions, reported Reuters.
"To seek to punish a company for the exercise of a constitutional right, that just seems really wrong to me," said Iger.
Lockheed Martin Corp (NYSE: LMT) and the F-35 Joint Program Office (JPO) signed the Lightning Air System National Capability Enterprise (LANCE) 23-27 contract to support the United Kingdom's F-35 fleet.
The contract is valued at ~£147 million and will ensure and enhance the UK F-35 fleet's availability and capability to conduct combat missions worldwide.
The proposed transaction values Aesop at an enterprise value of $2.525 billion.
Aēsop, created in 1987, currently operates around 400 points of sale across the Americas, Europe, Australia, New Zealand, and Asia.
The brand, which became part of Natura in 2012, registered $537 million in sales in FY22.
Spotify Technology S.A. (NYSE: SPOT) is shutting down its live-audio app Spotify Live, a company spokesperson confirmed on Monday.
The company says it will continue to explore live features on its central platform.
After a period of experimentation, Spotify decided to sunset the Spotify Live app.
Based on its learnings, it no longer makes sense as a standalone app, highlighting the company's struggle with live audio.
Wall Street Journal
The Justice Department prosecuted Activision Blizzard, Inc (NASDAQ: ATVI) for restricting competition for players in Activision's Overwatch and Call of Duty professional esports leagues and suppressing the wages of esports players in these leagues.
The complaint alleges that Activision's two esports leagues and the independently-owned teams in each league implemented a so-called Competitive Balance Tax that penalized teams in the Overwatch and Call of Duty Leagues, respectively, if a team's player compensation exceeded a threshold set by Activision.
According to the deal, Bayer acquired Merck's existing OTC business.
Vice Chancellor Nathan Cook of the Delaware Chancery Court said the purchase agreement "clearly and unambiguously" left Merck liable for claims related to products sold before the transaction closed.
Allianz SE (OTC: ALIZY) and Munich Re have renewed insurance coverage for the damaged Russia-controlled Nord Stream 1 gas pipeline, contrasting Germany's public stance of cutting ties with Moscow.
Russia has a 51% stake in Nord Stream 1 through a subsidiary of the state-owned energy group Gazprom.
Russia's foreign ministry has reportedly accused European countries of trying to hide the results of their investigations of the Nord Stream gas pipeline blasts that happened in September last year.
Pfizer cut the price of Paxlovid by about 100 yuan ($14.54) to 1,790 per box of 30 pills, while Merck marginally lowered the price of a 40-capsule bottle of its oral treatment molnupiravir by 74 yuan to 1,426 yuan.
Walmart Inc's (NYSE: WMT) workforce reduction at five e-commerce fulfillment centers in the U.S. reportedly will affect more than 2,000 positions.
The affected employees, though, will be given assistance to find other roles at the company.
The job cuts include more than 1,000 positions at a warehouse in Fort Worth, Texas, about 600 jobs at a Pennsylvania fulfillment center, 400 in Florida, and 200 in New Jersey.
Photo via Wikimedia Commons
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This article Russia Warns As Finland Joins NATO, Spotify Highlights Struggle With Live Audio, Anticompetitive Charges Against Activision Blizzard: Today's Top Stories originally appeared on Benzinga.com
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