Latest in Getty’s stock soars 42% after image company agrees to merge with Shutterstock in $3.7 billion deal
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L.A. wildfires to cost insurers more than $20 billion. Three companies are likely to foot most of the bill.
Allstate, Chubb and Travelers are likely to be the publicly traded insurance carriers most affected, as they are the most exposed to the California homeowners’ market.MarketWatch - 1h -
UK government seeks to soothe bond market nerves after borrowing costs soar
Treasury vows to stick to its fiscal rules and says gilt markets functioning ‘in an orderly way’Financial Times - 3h -
Shutterstock and Getty Merge to Meet AI Challenge in $3.7 Billion Deal
The two big players in the licensed visual content will pair up to counter threats from artificial intelligence tools like Midjourney.Inc. - 1d -
Trump Blurs Lines in $20 Billion Data Center Announcement and Other Deals
Even before the start of the new administration, there has been repeated blurring of lines between the federal government efforts and Trump family businesses.The New York Times - 2d -
Getty Images, Shutterstock to Combine in $3.7 Billion Deal
Getty shareholders will own about 54.7% of the combined company, which will retain the Getty name. Shares of both companies surged on the news.The Wall Street Journal - 2d -
Behind Disney’s Deal to Merge Hulu + Live TV and Fubo
The agreement ends litigation between the two companies over plans for a sports streaming service, but consumer advocates are pushing back.The New York Times - 2d -
Shutterstock and Getty Images will join to become a $3.7B visual content company
Visual content companies Shutterstock and Getty Images will join to become a $3.7 billion visual content companyABC News - 2d -
Stryker to Acquire Inari Medical in Deal Valued at $4.9 Billion
Inari makes mechanical thrombectomy solutions designed to treat peripheral vascular diseases. Stryker said the deal would be complementary to its neurovascular business.The Wall Street Journal - 2d -
Flu cases in England’s hospitals soar after season starts early
NHS data shows mounting pressure from ‘quad-demic’ of virusesFinancial Times - 9h -
Dockworkers union, port companies reach tentative 6-year deal
Tens of thousands of dockworkers reached a tentative agreement Wednesday on a new, six-year contract with the U.S.NBC News - 20h -
EBay shares soar after Meta allows listings on Facebook Marketplace in U.S., Europe
Shares of eBay soared Wednesday as Meta announced it will allow some listings to show up on Facebook Marketplace in Germany, France and the United States.CNBC - 1d -
Sources: Verlander, Giants agree to 1-year deal
Justin Verlander agreed to a one-year, $15 million contract with the San Francisco Giants, sources told ESPN.ESPN - 1d -
Ozempic maker Novo Nordisk, after trial disappointment, expands AI deal in potential $4.6 billion pact
At least four analysts weighed in on the prospects for Europe’s second-largest company, Novo Nordisk, after the Danish drugmaker reported disappointing results for its next-generation weight-loss ...MarketWatch - 1d -
Belgian GP agrees new F1 rotational deal until 2031
The Belgian Grand Prix secures a new contract that will keep it on the Formula 1 calendar for four out of six years from 2026-2031.BBC News - 1d -
Justin Verlander, Giants agree to deal: Veteran pitcher heading to San Francisco for 20th season, per report
The future Hall of Famer is heading to the Giants on a $15 million dealCBS Sports - 1d -
Trump announces Dubai company will invest at least $20 billion in U.S. data centers
DAMAC Properties is the latest foreign investor to announce plans for the U.S. since Donald Trump's victory.CBS News - 2d -
Nvidia stocks soar after GeForce RTX 50 series debuts at CES
Chipmaker Nvidia shares surge after founder Jensen Huang unveils next generation of AI for gamers at CES 2025.CBS News - 2d -
Getty Images to buy Shutterstock as part of $3.7 billion visual content expansion
Getty Images said on Tuesday it would merge with rival Shutterstock to create a $3.7 billion stock image powerhouse geared for the artificial intelligence era, in a deal that would likely draw ...NBC News - 2d -
Minneapolis agrees to police reform deal following George Floyd probe
The city of Minneapolis has agreed to a series of police reforms after a probe from the Justice Department in the aftermath of the murder of George Floyd. A court-enforceable agreement known as a ...The Hill - 2d -
Brent Rooker extension: Slugger agrees to five-year, $60 million deal with Athletics, per report
The extension will keep Rooker around as the A's move to Sacramento and, theoretically, Las VegasCBS Sports - 2d -
Getty’s stock soars 42% after image company agrees to merge with Shutterstock in $3.7 billion deal
The deal is expected to generate annual cost synergies of $150 million to $200 million by year three and to boost earnings and cash flow by year two.MarketWatch - 2d -
MicroStrategy’s latest capital-raise plans are for $2 billion of preferred stock to buy more bitcoin
The move is part of the company’s plan to issue $21 billion of equity and $21 billion in fixed-income instruments over the next three years.MarketWatch - 2d -
U.S. Steel, Nippon Steel Challenge Biden's Move to Kill $14.1 Billion Deal
The companies accuse the president, head of steelworkers union and Cleveland-Cliffs CEO of teaming up to block the transaction.The Wall Street Journal - 2d -
Sierra Space CEO leaves, as $5 billion company pushes to launch space plane
Sierra Space CEO Tom Vice has left the company, CNBC confirmed Monday.NBC News - 3d -
Sierra Space CEO leaves, as $5 billion company pushes to launch space plane
Sierra Space CEO Tom Vice left the company at the end of 2024 after 3½ years in the role.CNBC - 3d -
Trump pitches 'merged' US, Canada after Trudeau resignation announcement
President-elect Trump pitched the idea of a “merged” United States and Canada after Canadian Prime Minister Justin Trudeau announced his resignation, noting there would be no tariffs if the two ...The Hill - 3d -
California Police Department Agrees to Reforms After Federal Inquiry
The Antioch Police Department was under investigation by the Justice Department after racist text messages between its officers were released in 2023.The New York Times - 4d -
This factor makes 11 stocks look like better bargains even after they soared in 2024
Some stocks’ price-to-earnings valuations declined even as they outpaced the S&P 500’s big gain.MarketWatch - 5d -
South Korean second baseman Hyeseong Kim agrees to 3-year, $12.5M deal with Los Angeles Dodgers
Kim, who turns 26 on Jan. 27, has played eight seasons in South Korea, the last six with the Seoul-based Kiwoom Heroes.Yahoo Sports - 5d -
Orioles, veteran RHP Morton agree to 1-year deal
The Orioles agreed with veteran right-hander Charlie Morton on a one-year deal.ESPN - 5d -
Sources: Dodgers, Hyeseong Kim agree to deal
The Dodgers are in agreement with Korean infielder Hyeseong Kim on a three-year, $12.5 million contract, sources confirmed.ESPN - 5d -
Charlie Morton to sign with Orioles: Veteran pitcher agrees to one-year deal with Baltimore
The 2025 season will be Morton's 18th in MLB, and he'll make a reported $15 millionCBS Sports - 5d -
Dodgers, Hyeseong Kim agree to 3-year deal with $12.5 million guaranteed
Kim was posted last month and has played the past six seasons with the KBO's Kiwoom Heroes.Yahoo Sports - 6d -
NWSL expanding to Denver after 'record-setting' fee agreed
The National Women's Soccer League knows the location of its 16th team in the competition, according to reports in the United States.The Athletic and Sportico have shared that the league's newest ...Yahoo Sports - 6d -
Constellation Inks $1 Billion Nuclear Power Deal
Under the contracts, Constellation will deliver electricity to more than 13 federal agencies.Inc. - Jan. 2 -
Hawaiian Electric Agrees to Sell Bank Unit After Wildfire Settlement
The deal could help the company as it resolves a nearly $2 billion settlement related to the Maui wildfires.The Wall Street Journal - Dec. 31