Kimberly-Clark in the headlines: reports say it plans to acquire Kenvue for $40B, a bold move for the paper-products giant. Brief bio: American consumer goods firm known for TP, wipes; no autism links.
A man has been arrested for allegedly setting a fire in a Brooklyn building, causing extensive damage. The fire started around 1:45 p.m. and was initially thought to be linked to an e-bike factory. No civilians were injured, but one firefighter was hospitalized. The suspect was later found intoxicated and returned to the scene before being detained. He faces arson and burglary charges.
Developments around SpaceX, Anthropic and OpenAI have intensified the AI IPO wave. Markets remain resilient as liquidity supports large offerings, while investors weigh valuations, Fed policy, and the real-world impact of the AI push.