Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more
Getty’s $3.7 billion attempt to buy Shutterstock faces investigation
Britain's antitrust watchdog is intensifying its investigation into Getty Images' plan to buy Shutterstock.
Kimberly-Clark to Buy Tylenol Maker in $48.7B Deal
Kimberly-Clark announced Monday it will acquire Kenvue in a $48.7 billion cash-and-stock deal, creating one of the world’s largest consumer goods companies.
Musk Buys $1B in Tesla Stock in Rare Move
Tesla shares surged Monday after CEO Elon Musk disclosed a $1 billion open-market purchase of 2.57 million shares, his largest buy ever and first since 2020.
U.S. and China Strike Framework Deal on TikTok
The U.S. and China have agreed on a framework deal for TikTok that could transfer control of the platform to U.S. ownership.
United CEO Says Spirit Airlines is Doomed
United Airlines CEO Scott Kirby bluntly predicted that Spirit Airlines is "going out of business," criticizing the ultra-low-cost model as unsustainable.
Google Adds 'Purchases' Tab to Gmail for Easier Package Tracking
Google is rolling out a new “Purchases” tab in Gmail, giving users a centralized view of all their order and shipping emails.
DOJ Sues Uber for Discriminating Against Passengers with Disabilities
The U.S. Department of Justice has filed a federal lawsuit against Uber, accusing the company of systematically discriminating against disabled passengers.
Sources: Paramount Skydance May Bid for Warner Bros. Discovery
Sources say Paramount Skydance is working with an investment bank on an all-cash bid for Warner Bros. Discovery.
Microsoft & OpenAI Strike New Deal to Restructure Partnership
Microsoft and OpenAI have signed a non-binding agreement to redefine their partnership, allowing OpenAI to restructure into a for-profit company.
The Fabric of Success: BrilliA’s CEO on Innovation, IPO, and Market Leadership
Kendrew Hartanto, CEO of BrilliA (NYSE: BRIA), shares how the company stitched its path to IPO and redefined leadership in women’s undergarments.
Big Business This Week: Oracle soars as it cashes in on the AI boom
Oracle soars as it cashes in on the AI boom, Plus: Starbucks shares continue to fall under its new CEO, and does anybody actually want a new iPhone Air?
