Permian Rivals Reach Deal to Create $50 Billion Oil-and-Gas Behemoth
Diamondback Energy and Autry Stephens’s Endeavor announce merger as torrid dealmaking continues in the oil patch. Source link
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Atos Hit as S&P Downgrades Again
Atos shares fell after S&P lowered its ratings for the third time in less than a year, saying the IT...
EQT Consortium Launches Bid For France's Believe
A consortium of investors including EQT have agreed to a €1.5 billion takeover of French digital music company Believe. Source...
Can the U.S. Break China's Grip on Solar?
China controls the bulk of the world’s solar supply chain. Now, the U.S. is trying to build its own. It...
The Priciest Shareholder Fight Ever Is Headed to Disney's Boardroom
More than $70 million could be spent in bid to win everyday investors’ votes. Source link
Gas Stoves, Dishwashers and Dryers—the Growing Energy Battle Over Appliances
Appliance manufacturers say energy-saving efforts are pushing the limits of physics. Others say pressure spurs innovation. Source link
Elon Musk Isn't the Only Billionaire Fighting Delaware's Grip on U.S. Business
Companies tend to register in their home states or in Delaware—but states like Nevada and Texas are attracting powerful shareholders...
The Frantic Blitz to Figure Out Sports Streaming
Disney, Fox and Warner’s venture to bundle live sports content—the latest hit to traditional cable packages—needs to cover high costs...
The Spend, Spend, Spend Strategy Behind Temu's Rapid Ascent in America
The China-backed company’s rise as one of America’s most popular places to shop is powered by its ultracheap goods and...
The World's Smartest Young Minds Just Cracked a 2,000-Year-Old Mystery
These ancient papyrus scrolls went unread for millennia. Then came a $1 million competition for AI geeks. Source link
We're Not Eating Enough Bacon, and That's a Problem for the Economy
The American pork industry has become so efficient that demand can’t keep up with supply. In search of solutions, farmers...
Amazon's Prime Video Gets Exclusive NFL Playoff Game Next Season
Amazon will stream its first-ever NFL playoff game next season exclusively on its Prime Video service, people familiar with the...
Owens Corning to Buy Masonite International in $3.9 Billion Deal
Owens Corning, a Toledo, Ohio, maker of building and construction materials, said the addition of Masonite’s doors business creates a...
Hermes Weathers Sector Slowdown as Sales Surge
Hermes said it is moving into 2024 with confidence after the Birkin bag maker reported a surge in fourth-quarter sales...
Will Donald Trump Help Bud Light Win on Super Bowl Sunday?
The former president’s defense of the brewer comes as it tries to move beyond a boycott. Source link
Elon Musk Opens New Front in Disney Fight
Musk, the billionaire owner of X, is soliciting people who want to sue Disney for discrimination. He says he is...
China's Military and Surveillance Capabilities Have Been Boosted by U.S. Funds, House Report Says
The new report says five VC firms invested billions of dollars in companies developing technology allegedly used in human-rights abuses...
L'Oreal's Sales, Profit Miss Expectations on Stagnating Chinese Beauty Market
Revenue in North Asia slumped 5.8% to EUR10.66 billion due to market softness in mainland China, the company said. Source...
Super Bowl Ads Get More Star Power, More Candy
Brands are pushing the limits of how many celebrities they can squeeze into a Super Bowl commercial break. Source link
Aker Lifts Dividend, Launches Buyback
Aker Solutions raised its dividend and launched a share-buyback, after it posted above-forecast earnings in the fourth quarter, boosted by...
