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A recapitalization plan would end News Corp’s dual-class share structure, which gives the Murdoch family outsized control of the company.
Distractions from Election Day mania are expected to be so extreme, it may cost the American economy billions of dollars per hour.
This weekend, TGI Fridays filed for Chapter 11 bankruptcy, making it the latest in its class to raise the white flag.
Comcast’s president floated the idea that the telecom giant and NBCUniversal parent company might spin off its portfolio of cable channels.
Chinese electric vehicle giant BYD announced revenue of just over $28 billion in the three months ending September.
China’s biggest coffee chain, Luckin Coffee, is eyeing an American expansion that could undercut the market for $10 chai lattes.
Delta Airlines is suing CrowdStrike, which was behind the glitchy software update that sparked a global outage of critical flight systems.
MLB World Series viewership is way up, thanks in part to Japan-born Los Angeles Dodger Shohei Ohtani. And brands have noticed.
Boeing is considering a sale of its space unit, among other assets. The news comes as its bottom line grows more tenuous.
TKO Group will be dropping $3.25 billion to acquire a trio of sports and entertainment properties from Endeavor.
Frontier Airlines and Spirit Airlines have renewed their yearslong on-again, off-again merger flirtation. Perhaps this time’s the charm.
Target announced it will be slashing the prices of some 2,000 products, including food, beverages, gifts, and other home-holiday essentials.
Perplexity is looking for a few hundred million more dollars to scale its burgeoning business — oh, and maybe cover some pesky legal fees.
Netflix reported another stellar earnings result, featuring its biggest quarterly profits in company history.
Amid a strong earnings call, Blackstone announced that it is planning to take some of its portfolio companies public.
Diamond Sports wants to rebrand its portfolio of local Bally Sports regional sports networks (RSNs) and rebrand them.
On Tuesday, ASML accidentally published some disappointing earnings results a day earlier than scheduled, sending its share price down.
Bausch + Lomb has stirred up significant interest from the pair of private equity giants, TPG and Blackstone.
New estimates say that Medicare will spend tens of billions of dollars over nine years to cover weight-loss drugs.
A single point of software failure can turn entire industries into teetering Jenga towers. Next time could be a lot worse.