Linda
Meta Handed $100 Million Fine in Ireland Over Password Storage
Ireland’s data protection watchdog fined Meta Platforms after the Facebook and Instagram owner stored passwords of some social…
Merck Buying Drug Targeting B-Cell Diseases for Up to $1.3 Billion
Merck has struck a deal worth up to $1.3 billion to buy an investigational drug targeting B-cell associated…
Algonquin Power to Sell Renewable Energy Business for $2.5 Billion
Algonquin Power & Utilities has agreed to sell its renewable energy business for $2.5 billion as it transforms…
Netflix Taps CBS Sports to Produce Its Christmas NFL Games
Netflix said it has struck a deal to have CBS Sports produce the two National Football League games…
Warner Bros. Discovery Posts Nearly $10 Billion Loss
The loss includes a $9.1 billion impairment charge tied to the plunging value of its linear networks.
Huge Fire Sparked by a Mercedes-Benz EV Adds to Safety Concerns Dogging Industry
A blaze in South Korea prompts debate over whether electric vehicles should be allowed in the country’s ubiquitous…
Elon Musk's X Sues Advertising Coalition Over 'Massive' Boycott
The lawsuit alleges companies including CVS Health, Mars and Unilever unfairly targeted the social-media platform over safety standards.
Churchill Downs Invests Beyond Kentucky Derby
The Louisville, Ky.-based company, which owns racetracks and casinos, and operates an online gambling business, plans to devote…
Don Lemon Sues Elon Musk and X for Canceling Partnership Deal
The billionaire terminated an agreement after a contentious interview with the former CNN anchor.
BNP Paribas in Exclusive Talks for AXA's Investment-Management Arm
BNP Paribas entered into exclusive talks to buy the investment-management arm of insurer AXA and reach a long-term…
Reinstalled Gildan CEO Chamandy Wants to Make T-Shirts for Less
CEO Glenn Chamandy is focusing on ways to both optimize production by using underused capacity in places such…
Amazon Shares Slide as Spending Surges and Revenue Outlook Disappoints
The company projected weaker-than-expected revenue growth and said it would continue to ratchet up spending to meet anticipated…
Delta CEO Says CrowdStrike Tech Outage Cost It $500 Million
The airline faced deeper disruption and took days longer than rivals to get back on track after the…
Microsoft Stock Drops After Slight Miss in Cloud Growth
Sales for Microsoft’s main cloud business fell just short of expectations last quarter, causing the tech giant’s stock…
Standard General Agrees to Buy Out Bally
Hedge fund Standard General agreed to buy the balance of shares in casino chain Bally’s in a deal…