Latest in Gen Digital to Acquire MoneyLion in Deal Worth $1 Billion
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An EU-Mercosur deal worth ratifying
Agreement with South American bloc is a chance to bolster free tradeFinancial Times - 10h -
Elon Musk becomes first person to surpass $400B net worth, according to Bloomberg
Elon Musk's estimated net worth has now surpassed $400 billion, according to an estimate from Bloomberg News — making him the first person ever to reach such a milestone.NBC News - 11h -
Stop & Shop is using grocery store kiosks to make digital-only deals available to more customers
Regional supermarket chain Stop & Shop is installing kiosks in all of its stores in the Northeast U.S. to make digital-only coupons more accessibleABC News - 13h -
Elon Musk's net worth tops $400 billion, a first for any person
Tesla CEO Elon Musk is now worth more than $400 billion, according to Bloomberg News. Here's how his wealth stacks up.CBS News - 6h -
Court blocks The Onion’s attempt to acquire Infowars
Bid for Alex Jones’s conspiracy news site rejected by Texas bankruptcy judgeFinancial Times - 20h -
Analysis: After Juan Soto's megadeal, could MLB see a $1 billion contract? Probably not soon
For the second straight Major League Baseball offseason, a norm-shattering contract has been the talk of the winter, with Juan Soto agreeing with the New York Mets on a $765 million, 15-year deal ...ABC News - 1d -
Trump promises 'fully expedited' permits for investors of $1 billion-plus in U.S.
The Truth Social post signals Trump's aim to deregulate federal agencies, undo Biden-era environmental rules, and attract foreign investment.CNBC - 1d -
Alaska Airlines plans new nonstop flights to Japan, Korea in $1 billion postmerger profit push
Alaska Airlines is launching new flights and a new premium credit card to help grow profits by $1 billion in 2027.CNBC - 1d -
Federal judge blocks $25B Kroger-Albertsons merger, but leaves door open for future deal
A federal judge on Tuesday blocked the proposed $25 billion merger of grocery giants Kroger and Albertsons, ruling that the deal would limit competition and harm consumers, but the judge left the ...The Hill - 1d -
Will a HELOC be worth opening in 2025?
HELOCs gave homeowners a cheap way to borrow money in 2024. But will they still be valuable in 2025? Here's what to know.CBS News - 1d -
Alaska Airlines plans new nonstop flights to Japan, Korea in $1B postmerger profit push
Alaska Air Group expects to grow profits by $1 billion through 2027, and plans to ride the wave of high-end travel demand to get there.NBC News - 1d -
Nippon Life in Talks to Acquire Resolution Life
The potential deal follows Nippon Life’s purchase of a stake in Corebridge Financial from American International Group and underscores the Japanese insurer’s thirst for deals abroad.The Wall Street Journal - 1d -
Gen Digital to Acquire MoneyLion in Deal Worth $1 Billion
Gen, which provides security, storage and systems management through brands such as Norton and Lifelock, said it will pay $82 a share in cash to acquire the digital financial-services and ...The Wall Street Journal - 1d -
Omnicom to Acquire Interpublic in Deal That Will Reshape Advertising Industry
The Wall Street Journal reported Sunday that the companies were in advanced merger talks.The Wall Street Journal - 2d -
He bought a KFC store in Australia for $100,000 in 1969. Today, his fast food company is worth over $3 billion
Jack Cowin, founder and chairman of Competitive Foods Australia, shares his "biggest break" in life, which ultimately made him a billionaire.CNBC - 2d -
How an App Selling Secondhand Clothes Went From Near Collapse to Worth $5 Billion
Popular in Europe, Vinted is disproving the conventional wisdom about the resale market. Can it eventually crack the U.S.?The Wall Street Journal - 2d -
Arthur J. Gallagher to Acquire AssuredPartners for $13.45 Billion
Arthur J. Gallagher said that buying the insurance broker would expand its retail middle-market property and casualty focus across the U.S.The Wall Street Journal - 2d -
Dodgers reach $17M, 1-year deal with Conforto and $22M, 2-year contract with Treinen, AP sources say
People familiar with the negotiations tell The Associated Press that the Los Angeles Dodgers agreed to a $17 million, one-year contract to add outfielder Michael Conforto and a $22 million, ...ABC News - 2d -
MLB free agency: Yankees agree to reported 8-year, $218 million deal with Max Fried, Blue Jays acquiring Andrés Giménez
Stay up to date with the latest from the baseball hot stove.Yahoo Sports - 3d -
Dodgers reportedly signing OF Michael Conforto to 1-year, $17 million deal
The Dodgers have scooped up yet another offseason addition after their World Series win.Yahoo Sports - 3d -
Give People What They Really Want: Digital Gifts
These creative annual subscriptions and unique apps won’t end up in the landfill.The Wall Street Journal - 3d -
4 Ways to Engage Millennials and Gen-Z
Practical strategies to address funding gaps, foster inclusive networks, and create workplace cultures where everyone thrives.Inc. - 3d -
The Digital Natives Will Revolt—and That’s Good for Everybody
From underconsumption and de-influencing to work-life balance and the novelty of no-tech, Gen Z will upend the status quo.Wired - 3d -
Biden administration announces almost $1 billion in additional weapons support for Ukraine
The Biden administration announced on Saturday nearly $1 million in arms support for Ukraine, the Department of Defense said in a press release. The $988 million assistance package will provide the ...The Hill - 4d -
White House announces nearly $1 billion in military assistance to Ukraine
President-elect Donald Trump's election victory has cast doubt on the future of U.S. aid for Ukraine.CBS News - 4d -
Brazil extends Nike kit deal to 2038 and it's worth $100 million per year, AP source says
Brazil soccer has extended its kit deal with Nike by 12 years to 2038ABC News - 5d -
Former Cy Young winner Shane Bieber returning to Cleveland Guardians on 1-year deal, AP source says
A person familiar with the negotiations tells The Associated Press that right-hander Shane Bieber is returning to the Cleveland Guardians after making just two starts and undergoing Tommy John ...ABC News - 5d -
FIFA Secures $1 Billion Broadcast Deal With DAZN for Club World Cup
An agreement with the London-based streaming company DAZN came just a day before the draw for the inaugural event and after other networks balked at FIFA’s demands.The New York Times - Dec. 4 -
G.M.’s Ailing China Business Will Deal It a $5 Billion Blow
General Motors and other foreign automakers are selling fewer cars and losing lots of money in China, where domestic electric and hybrid cars have taken off.The New York Times - Dec. 4 -
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BlackRock Acquires HPS, a Major Lender of Private Credit
The world’s largest investor is buying HPS, a major provider of private credit, for $12 billion.The New York Times - Dec. 3 -
Sources: Chapman, Red Sox agree on 1-year deal
Reliever Aroldis Chapman and the Red Sox have agreed to a one-year, $10.75 million contract.ESPN - Dec. 3 -
What's Next in the Legal Battle Over Elon Musk's $100 Billion Pay Deal
The Tesla CEO’s record-breaking compensation package has hit another roadblock, after a Delaware judge again rejected the deal.The Wall Street Journal - Dec. 3 -
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Microsoft faces £1 billion lawsuit in UK for allegedly overcharging rival cloud firms' customers
Microsoft was accused of unfairly overcharging customers of rival cloud companies including Amazon, Google and Alibaba Cloud in a U.K. lawsuit filed Tuesday.CNBC - Dec. 3 -
Sanofi to Invest $1 Billion in New Insulin Manufacturing Base in China
The new base, which will be located in Yizhuang, Beijing, marks Sanofi’s second production site in the capital and its fourth in the country.The Wall Street Journal - Dec. 3 -
GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion
General Motors plans to sell its stake in a $2.6 billion electric vehicle battery cell plant in Michigan to its joint venture partner LG Energy Solution.CNBC - Dec. 2 -
Americans expected to spend $13 billion total on Cyber Monday deals
Consumers are focusing on finding deals on Cyber Monday and American spending is expected to rise compared to 2023. CBS MoneyWatch correspondent Kelly O'Grady breaks down the spending trends for 2024.CBS News - Dec. 2 -
Are Airline Loyalty Programs Worth It?
Some travelers, frustrated with changing airline rewards programs, have stopped chasing status and adopted different strategies when booking flights and using credit cards.The New York Times - Dec. 2
