
Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more


How DC is bringing the box office success of its films to its comics
Movie studios are comfortable digging through comic bins for hot new intellectual property, but they are not comfortable returning the favor and sharing th

Netflix Introduces New Advertising Metric as AD-Supported Tier Reaches 190M Viewers
Netflix has unveiled a new ad metric called “monthly active viewers” to highlight the reach of its ad-supported subscription tier.

Musk Rejects Tesla-XAI Merger Amid Growing Questions Over Company Ties
Elon Musk stated on Monday that he does not support a merger between Tesla and his artificial intelligence company XAI.

Who Will Rule the Summer Box Office? Superman or Jurassic World Rebirth
Comscore’s Paul Dergarabedian breaks down the battle of summer blockbusters, from Superman to Jurassic World and Fantastic Four and what it means for studios.

Amazon Launches Project Starfish to Power AI‑Enhanced Product Listings
Amazon is launching Project Starfish, using generative AI and web‑crawled data to auto‑generate product descriptions.

Ulta Beauty Expands into UK with Space NK Acquisition
Ulta beauty has officially acquired British retailer space NK from Manzanita Capital.

Ferrero To Acquire WK Kellogg for ~$3.1 Billion
Italian confectionery giant Ferrero will buy north American cereal maker WK Kellogg co for $23 per share in cash.

VENU Breaks Ground on 20,000‑Seat ‘Sunset Amphitheater’ Featuring Luxe Suites & Aikman Club
VENU CEO JW Roth breaks ground on a 20,000-seat, state-of-the-art amphitheater in Texas—part of a $300M public-private expansion to redefine live music.

Big Business This Week: Medtech stocks defy spending cuts and soar
Despite healthcare spending cuts, medtech stocks like Edwards Life Sciences, Stryker, and Boston Scientific are rising, especially those serving older pati

Jane Birkin’s original Hermès bag is up for auction in Paris
The original Birkin bag created by Hermès for Jane Birkin in 1984 is up for auction in Paris. Sotheby’s expects the iconic bag to sell for hundreds of thousands of euros on Thursday.

Musk’s xAI scrubs inappropriate posts after Grok chatbot makes antisemitic comments
Elon Musk’s artificial intelligence company is taking down antisemitic comments and other “inappropriate posts” made by its Grok chatbot, including some praising Adolf Hitler.
