The MoCo Show · 2026-10-04T10:00:00.000Z
Capital Bancorp, Inc., the parent company of Capital Bank, has agreed to merge with Peoples Bancorp Inc. in an all-stock transaction valued at approximately $728.1 million. The deal, announced on September 30, 2026, will see Capital Bancorp merge into Peoples Bancorp, and Capital Bank, N.A. merge into Peoples Bank. Capital Bancorp shareholders are expected to own approximately 32% of Peoples following the merger, which is anticipated to close in the first half of 2027, pending regulatory and shareholder approvals.
Reuters · 2026-10-04T09:37:00.000Z
US President Donald Trump has appointed Director of National Intelligence Jay Clayton as the administration's AI czar. Clayton will lead a new White House panel tasked with reporting within 120 days on the risks and opportunities posed by artificial intelligence. The task force will review AI-related risks, current government reporting mechanisms for incidents, and recommend ways to strengthen federal response capabilities.
Skydance · 2026-10-04T00:00:00.000Z
Ynon Kreiz, formerly CEO of Mattel, will join Paramount Skydance as co-CEO when its merger with Warner Bros. Discovery closes on Tuesday, October 6, 2026. The combined entity will be named Skydance. David Ellison will focus on long-range strategy, creative direction, technology, and capital deployment, while Kreiz will manage day-to-day operations and integration. The merger is valued at approximately $110 billion enterprise-value and plans to cut $6 billion in costs within three years, carrying roughly $79 billion in debt.
Investing.com · 2026-10-03T23:12:00.000Z
Perseverance Metals Inc. (TSXV:PMI) has successfully concluded a non-brokered private placement, securing $11.8 million in capital. This significant financing event provides the company with additional funds, which are crucial for supporting its ongoing operations and potential future growth initiatives.
MarketScreener · 2026-10-03T22:30:00.000Z
The financial-media platform 'New to The Street' is significantly expanding its reach by debuting distribution across Southeast Asia on Bloomberg Television, adding approximately 68 million households. The latest broadcast, Show 774, will feature executive interviews with Glint's CEO discussing its expanding U.S. presence, American Fusion Inc.'s Executive Chairman highlighting its growing intellectual-property portfolio and potential uplisting, Total Sync Network Inc.'s creator of SyncMeOn, and T-REX Acquisition Corp.'s CEO presenting its vertically integrated digital-asset business.