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Standout deals included Union Pacific’s $88 billion purchase of Norfolk Southern and the $56.6 billion deal to take Electronic Arts private.
Trian and General Catalyst said going private will free the firm “from the constraints of operating as a public company.”
That puts the ball back in WBD’s court to reject Paramount’s offer for the eighth time if it chooses to stick with Netflix.
The agency granted approval to dozens of providers last week but reserved the right to bring future hearings.
After launching in November 2024, the company had reached $100 million in annual recurring revenue in just eight months.
The increased price targets came just a week after Rivian announced it had developed its own artificial intelligence chip.
The S&P 500 has posted an average gain of 1.3% during this seven-day December-to-January period since 1950
Unit investment trust no more, Invesco’s massive ETF will see revenue directed away from marketing — something the company has long wanted.
Reducing exposure to top tech stocks such as Alphabet, Nvidia and Tesla and keeping an eye on valuations are among advisors’ top priorities.
Women are the big winners in the great wealth transfer, and the status quo isn’t what they want from wealth managers.
President Trump’s executive order changing the classification of marijuana could lower taxes for some businesses and prompt new research.
Glimpse into the future of technology.
Activist fund Elliott Management has built up a $1 billion stake in once-swaggering Lululemon and is working to influence its CEO search.
Revenue and profit growth at shipping giant FedEx bode well for the company’s overhaul efforts and the critical holiday sales season.
Low profit margins and scalability likely contributed to Schwab’s decision to close its premium robo tier.
NEADA found the average monthly electric bill has surged 29% since 2021, and natural gas has jumped 50% over the past year.