The Biden administration is pledging $1.5 billion in grants to GlobalFoundries in the first major award to revitalize the domestic semiconductor industry.

Currys stock rose 33% in opening trading, with the U.K. electronics retailer at the center of a possible takeover battle between China’s JD.com and Elliott Advisors.

Forvia shares rose after it said it would save about €500 a year from 2028 through job cuts as the company adapts to EU electric-vehicle policies.

Plans to store used nuclear fuel temporarily in the Permian Basin could boost the nuclear sector, but oil-and-gas producers are pushing back.

Zyn draws debate among lawmakers and public-health experts.

Christian Sewing pulled Deutsche Bank to firmer ground, but investors have yet to fully buy into the comeback story.