Linda
StubHub Delays IPO Launch Due to Choppy Market Conditions
The ticketing marketplace had been eyeing a valuation of about $16.5 billion for its offering.
AT&T Says Hacker Stole Cell, Text Data on Nearly All Its Wireless Customers
The company said in a securities filing that the data, mostly from 2022, was downloaded in April but…
PepsiCo, After Years of Price Hikes, Sounds an Alarm on Consumer Spending
Sales volume for PepsiCo’s Frito-Lay North America business dropped 4% in the latest quarter.
Honeywell Strikes $1.8 Billion Deal for Liquefied Natural Gas Business
Honeywell will buy the Air Products unit in its fourth acquisition in recent months as natural-gas demand grows.
Devon Energy Nabs Williston Basin Driller in $5B Deal
Devon Energy has agreed to acquire Grayson Mill Energy, a oil-and-gas producer in the Williston Basin, in a…
Paramount Global, Skydance Agree to Merger
David Ellison’s production company would buy Shari Redstone’s National Amusements, Paramount’s controlling shareholder, as part of the deal.
Samsung Electronics Expects Surge in Second-Quarter Profit
The South Korean tech giant forecast a surge in second-quarter earnings, suggesting that its flagship semiconductor business sustained…
Netflix, Disney Ask Canada Appeal Court to Stop Proposed Tax on Streaming Revenue
Netflix, Walt Disney, and other U.S. streaming companies have asked a Canadian court to stop plans by authorities…
Canada Approves Glencore-Led Deal for Teck Coal Assets
Canada approved a Glencore-led $9 billion deal to acquire coal assets from Teck Resources, after officials secured commitments…
Skydance Media's Deal to Buy Shari Redstone's Family Company Is Back On
Skydance would pay $1.75 billion for National Amusements under the preliminary deal.
The Underground Network Sneaking Nvidia Chips Into China
A barely concealed network of buyers, sellers and couriers is bypassing the Biden administration’s restrictions aimed at denying…
Yelp Doubles Down on Home Services as Restaurant Advertising Cools
The review site is planning to spend $40 million this year to grow its business with local-services companies…
Canada Orders Binding Arbitration to Resolve WestJet Labor Dispute
Canada’s Labor Minister ordered WestJet Airlines and the union representing the carrier’s maintenance engineers enter into binding arbitration…
Founder of The Fresh Faces Project, Calynn Lawrence, Pledges Donation at Its Final Award Ceremony to the ECD Global Alliance, Celebrating Her Mom’s Survival
The Fresh Faces Project is a world record breaking nonprofit initiative founded by Calynn M. Lawrence, an entrepreneur,…
Walgreens Plans Major U.S. Store Closures; Shares Tumble
Shares of the pharmacy chain plummeted 25% after The Wall Street Journal reported the CEO’s plans and the…