Memory Chip Company Nanya Technology Stock Jumps 10% on Major Investment Deal

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• FEMA Restarts $1 Billion Disaster Prevention Program After Court Order

  The Federal Emergency Management Agency has restarted a disaster prevention program it shut down last year, following a federal court ruling that found the cancellation was unlawful. The agency is now accepting applications for $1 billion in grants to help communities prepare for natural disasters.

• AI Startup Reflection Seeks $25B Valuation in Massive Funding Round

  Reflection AI, supported by chip giant Nvidia, is pursuing $2.5 billion in new investment funding that would value the artificial intelligence company at $25 billion. Major bank JPMorgan Chase is reportedly considering joining the funding round through its security initiative.

• Indonesian Military Leader Resigns After Acid Attack on Human Rights Activist

  A high-ranking Indonesian military intelligence chief has resigned following an acid attack that severely burned a human rights activist. The attack on Andrie Yunus, who advocates against military expansion, has sparked international condemnation and calls for independent investigation.

• German Steel Giant’s Sale to Indian Company Hits Major Roadblocks

  Negotiations between German industrial company Thyssenkrupp and Indian steel manufacturer Jindal Steel International are facing significant obstacles over pension obligations and rising energy expenses. The potential multi-billion dollar acquisition could collapse within weeks after six months of discussions.