Skechers, known for its comfortable and affordable sneakers, agreed to a $9.4 billion deal to be taken private by 3G Capital.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
Comcast’s president floated the idea that the telecom giant and NBCUniversal parent company might spin off its portfolio of cable channels.
The cost of manufacturing chocolate and confectionery from cocoa has risen a terrifying 45% this year, according to the producer price index.
It’s just another earnings week in the life of pharmaceutical CEOs, with blockbuster expectations running up against cruel reality.
President Trump wants to bring film-making back to Hollywood by imposing 100% tariffs on movies produced outside of the US.
Royal Caribbean raised its annual profit forecast for the fourth time this year. Driving the optimism is a private island in the Bahamas.
China’s biggest coffee chain, Luckin Coffee, is eyeing an American expansion that could undercut the market for $10 chai lattes.
MLB World Series viewership is way up, thanks in part to Japan-born Los Angeles Dodger Shohei Ohtani. And brands have noticed.
The delay of Grand Theft Auto VI’s release threw a multibillion dollar wrench in forecasted revenues for a gaming industry in need of a hit.
Boeing is considering a sale of its space unit, among other assets. The news comes as its bottom line grows more tenuous.
Hermès reported financial results on Thursday that showed the scarf and handbag maker is doing pretty well.
TKO Group will be dropping $3.25 billion to acquire a trio of sports and entertainment properties from Endeavor.
Coca-Cola was one of several companies whose earnings last week flashed positive signs, despite the hail of uncertainty around tariffs.
It was only last year that 737 felt like the number of scandals Boeing was embroiled in, rather than the name of its narrow-body aircraft.
US President Donald Trump is reportedly considering linking prescription drug prices to their price tags in other developed nations.
Three titans of the US defense industry — Lockheed Martin, RTX, and Northrop Grumman — signalled tariffs are going to be bad for business.