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.
Many people are using buy now, pay later (BNPL) options to circumvent more rigid aspects of credit cards, The Wall Street Journal reported.
During the pandemic, consumers splurged on new cars, computers, and furniture, but the post-covid economy has seen a rise in spending on experiences,…
OPEC+ now controls just 51% of the global oil market, good for the smallest share since the group’s creation in 2016.
President Trump wants to bring film-making back to Hollywood by imposing 100% tariffs on movies produced outside of the US.
Pfizer’s stock slumped its lowest level in more than 10 years. The world’s moved on from the pandemic, and nobody loves you when you’re down.
Safety regulators said the company’s famed Autopilot driving system had insufficient safeguards to avoid accidents.
The European Union is preparing to levy a hefty fine against Apple and ban some of its App Store practices, according to Bloomberg.
Coca-Cola was one of several companies whose earnings last week flashed positive signs, despite the hail of uncertainty around tariffs.
Funding for startups developing small modular nuclear power plants looks like it’s beginning to dry up.
Apple plans to incentivize artists to use Dolby Atmos spatial-sound technology in their recordings by giving them more platform weight.
Occidental Petroleum, the oil giant in Berkshire Hathaway’s portfolio, announced it is acquiring CrownRock in a deal worth $12 billion.
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.
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.