EA’s $55B Buyout, Trump’s $625M Coal Bet, and Walmart’s AI Overhaul
President Trump announces a $625M investment to keep coal plants running, positioning coal as critical for AI and reindustrialization. Honeywell rolls out a new cockpit alert system aimed at preventing close-call airport incidents. GSK shares jump 3% after announcing a new CEO. Electronic Arts agrees to a massive $55B deal to go private, backed by Saudi Arabia’s sovereign wealth fund. Snapchat starts charging for Memories storage after users hit 1 trillion saves. Crypto suffers nearly $500M in losses during a brutal “Red September” selloff. USDA recalls 58 million pounds of corn dogs after injuries caused by wood chips in the batter. And Walmart’s CEO says AI will transform every single job at the company.
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