Berkshire in talks to buy Occidental’s OxyChem for about $10 billion, WSJ reports

Thermo Fisher Scientific has successfully priced a $2.5 billion notes offering across four different maturities. This move is significant as it allows the company to raise substantial capital, which can be used for various strategic initiatives, including investments in research and development or potential acquisitions. The pricing of these notes reflects the company's strong market position and investor confidence.

Berkshire Hathaway is close to finalizing a $10 billion deal to acquire Occidental's petrochemical unit, a move that underscores its strategy to streamline operations and tackle its substantial $24 billion debt. This acquisition not only highlights Berkshire's confidence in the petrochemical sector but also reflects a broader trend of consolidation in the oil and gas industry, which could lead to increased efficiency and profitability.

ADT has successfully priced $1 billion in secured notes aimed at refinancing its existing debt. This move is significant as it not only helps the company manage its financial obligations more effectively but also positions it for future growth. By securing these notes, ADT can potentially lower its interest expenses and improve its overall financial health, which is a positive signal for investors and stakeholders alike.

Berkshire Hathaway is reportedly in discussions to acquire Occidental's OxyChem division for $10 billion, a move that could significantly enhance its portfolio in the chemical sector. This acquisition is noteworthy as it reflects Berkshire's ongoing strategy to invest in companies with strong fundamentals and growth potential, further solidifying its position in the market.

Berkshire Hathaway, led by Warren Buffett, is on the verge of announcing a significant deal worth nearly $10 billion for Occidental's petrochemical unit. This potential acquisition marks one of the largest moves for the conglomerate in recent years, highlighting Buffett's continued confidence in the energy sector and strategic investments. Such a deal could reshape Berkshire's portfolio and further solidify its position in the market.

Vaxcyte has secured a significant $1 billion manufacturing deal with Thermo Fisher, marking a major milestone for the company. This partnership is expected to enhance Vaxcyte's production capabilities, allowing them to scale up their operations and meet growing demand for their innovative vaccines. Such collaborations are crucial in the biotech industry, as they not only provide financial backing but also leverage Thermo Fisher's extensive expertise in manufacturing, ultimately benefiting public health.

OpenAI has reported a remarkable revenue of $4.3 billion in the first half of 2025, showcasing its rapid growth and increasing influence in the tech industry. This significant financial milestone not only highlights the company's successful business strategies but also underscores the rising demand for AI technologies. As OpenAI continues to innovate and expand its offerings, this revenue surge could lead to further advancements in artificial intelligence, benefiting various sectors and driving future investments.

Boeing is reportedly in the early stages of developing a replacement for its 737 MAX, according to a recent Wall Street Journal report. This move is significant as it reflects Boeing's commitment to innovation and addressing past challenges with the 737 MAX model. By investing in a new aircraft, Boeing aims to regain market confidence and compete more effectively in the aviation industry, which is crucial for its long-term success.

Boeing is reportedly developing a successor to its 737 MAX, according to the Wall Street Journal. This move is significant as it reflects Boeing's commitment to innovation and competitiveness in the aviation market, especially after the challenges faced with the 737 MAX. The new aircraft could potentially enhance safety and efficiency, addressing past concerns and meeting the evolving demands of airlines and passengers.

OpenAI has announced its new video generator, Sora, which will allow copyright holders to opt out of having their content used in the generation process. This approach is significant as it respects the rights of creators while pushing the boundaries of AI technology in video production. By giving control back to copyright holders, OpenAI aims to foster a more ethical landscape in the rapidly evolving field of AI-generated media.

Viking has successfully priced $1.7 billion in senior notes aimed at refinancing its existing debt. This move is significant as it not only helps the company manage its financial obligations more effectively but also positions it for future growth. By securing these funds, Viking can potentially lower its interest expenses and improve its overall financial health, which is a positive sign for investors and stakeholders alike.

Georgia Power has successfully issued $1.5 billion in new senior notes across three series, marking a significant step in its financial strategy. This move not only strengthens the company's capital structure but also reflects investor confidence in its long-term growth prospects. The funds raised will be crucial for supporting ongoing projects and enhancing infrastructure, which ultimately benefits consumers and the local economy.

HSBC has upgraded its rating for Page Industries' stock to 'Hold', indicating a positive outlook based on recent valuation corrections. This move is significant as it reflects confidence in the company's financial health and market position, suggesting that investors may find stability in holding onto their shares rather than selling. Such upgrades can influence market sentiment and attract more investors, potentially leading to a more robust stock performance in the future.

Asian factories are facing significant challenges as demand from both China and the US softens, leading to a slowdown in production and economic uncertainty. This situation is crucial as it highlights the interconnectedness of global supply chains and the potential ripple effects on economies worldwide. As these factories struggle, it raises concerns about job security and economic stability in the region.

Disney's decision to bring 'The Simpsons' back to theaters in 2027 is generating excitement, as it could be one of the smartest moves in the evolving landscape of legacy franchises. With the show's enduring popularity and cultural impact, this sequel has the potential to attract both longtime fans and new audiences, making it a significant addition to Disney's lineup.

Pandu Sjahrir, the Chief Investment Officer of Indonesia's sovereign wealth fund Danantara, recently shared insights on investment opportunities during a conversation with Haslinda Amin at the Milken Institute Asia Summit in Singapore. This discussion is significant as it highlights Indonesia's strategic approach to attracting investments, which could bolster the country's economic growth and enhance its global financial standing.

The chief investment officer of Indonesia's Danantara sovereign wealth fund has indicated that the divestment of additional shares by Freeport-McMoRan Inc. in its local unit is nearly complete. This development is significant as it highlights ongoing negotiations between the Indonesian government and the US mining giant, reflecting the country's efforts to increase local ownership in key industries.

Paris Fashion Week S/S 2026 showcased a strong message about preparing for the challenges of work life, emphasizing the need for resilience. While the overall theme suggested a tough journey ahead, the event also highlighted the unique flair of Paris, reminding us that even in difficult times, creativity and style can shine through.