Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more
Polymarket Dives into Perpetual Futures Rivaling Kalshi
Polymarket announced it is expanding into trading of perpetual futures contracts, escalating a heated rivalry with Kalshi.
SpaceX Strikes Blockbuster Deal with A.I. Coding Startup Cursor
SpaceX has struck a deal with AI coding startup Cursor, securing the right to acquire the company for $60 billion later this year.
Eli Lilly Announces $6.5B Investment in Houston, TX Facility
Eli Lilly announced a $6.5 billion investment to build a manufacturing facility in Houston focused on small molecule drugs.
Figure’s Nasdaq Debut Signals Strong Appetite for Real‑World Asset Finance
Figure CEO Michael Tannenbaum talks IPO raising ~$787.5M and share jump on debut, spotlighting surging demand in blockchain‑powered finance.
Office Depot and Office Max Going Private
ODP, the parent company of Office Depot and OfficeMax, is being acquired for around $842 million by an affiliate of private equity firm Atlas Holdings.
Pfizer's $7.3B Metsera Deal Aims to Trim Lilly & Novo’s Lead in Obesity Race
Pfizer is acquiring weight-loss drug developer Metsera in a deal valued at up to $7.3 billion as it tries to catch up in the booming obesity treatment market.
'Jimmy Kimmel Live!' Returns to ABC on Tuesday Night
Disney announced that ABC will reinstate Jimmy Kimmel Live! on Tuesday, six days after it was suspended for controversial remarks made by Jimmy Kimmel.
Tylenol Turmoil: Trump’s Claims Spark Stock Slump
On Monday, President Trump claimed that using Tylenol, also known as acetaminophen, during pregnancy causes autism and told pregnant women to avoid it.
Michelob Ultra Cracks the Top Beer Spot in U.S.
Michelob Ultra has overtaken Modelo as the best-selling beer in the U.S., both in retail stores and in bars and restaurants.
TikTok Turnover: Oracle-Led Deal Set to Recode Control
A preliminary agreement will transfer ownership of TikTok from China’s ByteDance to a U.S. consortium led by Oracle.
From Seedlings to Sustainability: Vita Coco Co-Founder on Eco‑Forward Path
Mike Kirban on how Vita Coco is shaping the future of beverages with sustainable sourcing, clean labeling and environmental impact tied to growth.
