Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more
Texas Refinery Explosion Drives Gas and Diesel Prices Sharply Higher
An explosion and fire at Valero's Port Arthur refinery, one of the ten largest in the U.S., sent wholesale gasoline up roughly 10 cents a gallon.
Amazon's Zoox Expands Robotaxi Service to Austin and Miami
Amazon's Zoox is preparing to launch public robotaxi testing in Austin and Miami later this year, starting with employees and their circles.
IBM to Acquire Confluent for $11 Billion
IBM announced it will acquire Confluent in a $11 billion all-cash deal, paying $31 per share for the real-time data streaming company.
Paramount Skydance Launches Hostile $30-Per-Share Bid for Warner Bros. Discovery
Paramount Skydance has initiated a hostile takeover attempt of Warner Bros. Discovery (WBD), according to CNBC.
Inside Netflix’s $72B Gamble: Is This the End of Traditional Hollywood?
With a merger this big, creators, studios, and theaters all face uncertain futures. Here’s what experts are worried about and what good could come from it.
Microsoft Hits the “Update” Button: and Your Wallet is Next
Microsoft will raise prices for its office and Microsoft 365 subscriptions for commercial and government customers starting July 1st.
A Former CEO Says Companies Are Doing Leadership Wrong — Here’s His Fix
With disengagement rising and hybrid work shifting, 'Everybody Matters' author Bob Chapman explains why treating people well could define the future of work.
Job Cuts Keep Climbing as 2025 Workforce Woes Pile Up
U.S. Employers announced more than 71,000 layoffs in November, bringing year-to-date cuts to 1.17 million.
NYT Takes the Pentagon to Court in a Battle Over the First Amendment
The New York Times has filed a lawsuit against the Defense Department, arguing that new Pentagon press rules violate first amendment protections.
Netflix Goes Full Hollywood with Blockbuster WBD Buyout
Netflix struck a deal to acquire major pieces of Warner Bros. Discovery in a massive transaction valuing WBD at roughly $72 billion in equity.
Big Business This Week: Retail’s new trilogy: Gen Z, AI, and Ozempic
We sat down with Ali Furman, U.S. Consumer Markets Industry Leader at consulting firm PwC to ask what trends she garnered from the initial data this year.
