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Darden Restaurants to Acquire Chuy's Holdings in $605 Million Deal

Darden said it will acquire all the outstanding shares of Chuy’s for $37.50 per share. The price represents a 40% premium to Chuy’s 60-day volume weighted price.

By Linda

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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 media users

By Linda

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 diseases.

By Linda

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 into a

By Linda

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 the streamer

By Linda

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.

By Linda

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 underground parking

By Linda

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.

By Linda

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 most of

By Linda