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New York State Assemblyman Zohran Mamdani's victory in the Democratic primary for the New York City mayoral race is the latest example of the rise of progressive socialist policies in Democrat-led cities. Mamdani is a member of the Democratic Socialists of America (DSA) and has made socialist policies a cornerstone of his platform, from implementing a rent freeze on rent-controlled apartments to expanding city-owned grocery stores. He has also called for higher taxes on corporations in New York City and an extra 2% flat tax on the wealthiest 1% of New Yorkers, wants the minimum wage to rise to $30 an hour by 2030, said he'll permanently eliminate fares on all city buses and has pledged to "implement free childcare for every New Yorker aged six weeks to five years." Another DSA-backed candidate, Minnesota State Sen. Omar Fateh, recently won the Democratic-Farm-Labor Party's nomination for the Minneapolis mayoral race when he defeated incumbent Mayor Jacob Frey in the DFL primary. BILL

The technology giant had accused the British mogul, who died last year when his yacht sank, of fraud in the sale of his company in 2011.

The company appoints longtime tech executive Robert M. Calderoni to the board as part of its agreement with activist investor Elliott.

Hewlett Packard Enterprise said on Wednesday it had entered into a cooperation agreement with hedge fund Elliott Investment Management.

HOUSTON--(BUSINESS WIRE)--HPE (NYSE: HPE) today announced several enhancements to support HPE's ongoing transformation, including the formation of a new Strategy Committee of the Board and the appointment of Robert (Bob) Calderoni, a veteran technology executive and current Chairman of KLA Corp., as a director effective July 16, 2025. These enhancements were made as part of the Board's continued efforts to drive shareholder value, and in connection with a cooperation agreement with Elliott Inve.

BofA Securities analyst Wamsi Mohan observed that from 2006 to 2024, server market revenues grew at a 9% compound annual rate, while unit volumes rose by 4% annually. Looking ahead, he expects artificial intelligence to drive most of the revenue growth in the server market over the next six years.

HOUSTON--(BUSINESS WIRE)--HPE (NYSE: HPE) will conduct a live audio webcast on July 10, 2025, to discuss the closing of the Juniper Networks acquisition. HPE executives Antonio Neri, president and CEO; Marie Myers, executive vice president and CFO; and Rami Rahim, executive vice president, president and general manager, HPE Networking, will discuss the acquisition, which positions HPE to capture the growing AI and hybrid cloud market opportunity by creating an industry-leading cloud-native and.

Hewlett-Packard Enterprise (HPE 0.80%) wasn't a company to wait on a big prize this week. After receiving regulatory clearance for its latest large-scale asset buy, it very quickly closed the deal.

Live Updates Live Coverage Updates appear automatically as they are published. Apple Stock Bump 11:10 am by Gerelyn Terzo Bank of America analysts have reaffirmed their “buy” rating on Apple (Nasdaq: AAPL) stock, pointing to the App Store results as a positive catalyst. Earlier this week, Jefferies analysts lifted their outlook on Apple shares to “hold” from “underperform.” Apple stock is up 0.78% today but is down 14% year-to-date. Fed in Focus 9:58 am by Gerelyn Terzo With today’s strong jobs data, indicating a healthy economy, Wall Street analysts are predicting what to expect when Fed policymakers convene next. Here’s a roundup of some of the commentary: BMO’s Ian Lyngen remarked, “Overall, it was a strong set of data that implies the Fed will remain on hold later this month, leaving rate cut expectations focused on the September FOMC meeting.” Mutual of America Capital Management CEO Joe Gaffoglio wrote, “The June jobs re

Hewlett Packard Enterprise (HPE) reported earnings 30 days ago. What's next for the stock?