Latest in Merger Makers
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ASML shares rise as chip-equipment maker confirms 2030 outlook
ASML Holding on Thursday reiterated its 2030 targets, a move that relieved investors after a profit warning last month.Business - MarketWatch - November 14 -
Vaccine maker stocks fall as Trump chooses RFK Jr. to lead HHS
Shares of Moderna, Novavax, Pfizer, BioNTech and GSK closed lower on Thursday.Business - CNBC - November 15 -
Elon Musk adds Microsoft to lawsuit against ChatGPT-maker OpenAI
Mr Musk, a co-founder of the company, is accusing it and the tech giant of operating a monopoly.Top stories - BBC News - November 15 -
Electric Vehicle Companies, Battery Makers Urge Trump to Keep Tax Credits
The Trump transition team wants to kill the $7,500 consumer tax credit for electric-vehicle purchases.Business - Inc. - November 15 -
European plastics makers shut plants as production declines sharply
Industry is latest manufacturing sector on the continent to shrink despite global growthWorld - Financial Times - 5 days ago -
Huel profits surge as meal replacement maker broadens fan base
UK company says launch of chewable goods, presence in supermarkets and anti-obesity drugs have driven demandBusiness - Financial Times - 5 days ago -
Bed maker waited to report defect that killed 1 and injured others
Canada's Bestar recalled wall beds only after learning of dozens of cases in which its beds detached from the walls, feds say.Top stories - CBS News - 5 days ago -
Employers Get Pressure to Pay for Drugs Like Wegovy
Eli Lilly and Novo Nordisk representatives get face time with companies in hopes they will cover their weight-loss drugs.Business - The Wall Street Journal - 4 days ago -
Bose buys McIntosh, storied maker of high-end luxury audio equipment
McIntosh has been making high-end amplifiers and other audio equipment since 1949, and one of its devices can cost tens of thousands of dollars.Business - CNBC - 4 days ago -
Northvolt chief warns of faltering green transition after battery maker’s bankruptcy
Europe’s best-funded start-up raised $15bn but was left with just $30mn in cashBusiness - Financial Times - Yesterday -
The World’s Biggest EV Maker Has the Industry’s Worst Human Rights Appraisal
Amnesty International has issued a report charting the supply chains and human rights due diligence policies of 13 major EV manufacturers. The results are a world away from the clean, safe future ...Tech - Wired - Yesterday -
How the EV era is challenging leading engine maker Honda
Honda is one of the world's largest and most innovative engine makers. But in recent years it has been challenged by the shift to electric vehicles.Business - CNBC - Yesterday -
Japanese Chip Maker Kioxia Plans Tokyo Market Debut
Kioxia plans to raise more than $740 million in its initial public offering, seeking growth capital to meet rising demand for chips used in artificial intelligence and data centers.Business - The Wall Street Journal - Yesterday -
Stock of Michael Kors owner Capri dives 45% after judge blocks merger with Tapestry
A federal judge on Thursday blocked Tapestry Inc.’s planned $8.5 billion acquisition of Capri Holdings, agreeing with regulators that the deal would hurt competition in the handbag industry.Business - MarketWatch - October 25 -
Colts' Anthony Richardson has been most boom-or-bust quarterback since merger; will he turn it around?
Richardson was benched for Joe Flacco on Tuesday amid his early-season strugglesSports - CBS Sports - October 29 -
Pringles, Cheez-It parent Kellanova marches on toward Mars merger with another profit beat
Kellanova beat profit expectations for a 15th straight quarter, ahead of its $36 billion merger with Mars.Business - MarketWatch - October 31 -
These countries have the most at stake as the U.S. heads to the polls
The world is watching the presidential election as voters go to the polls Tuesday, but the vote is more consequential for some countries than for others.Business - CNBC - November 5 -
British regulator says $19.5 billion Vodafone-Three merger could go ahead if remedies are adopted
Telecom firms Vodafone and Three's multibillion-pound merger could go ahead if the companies adopt proposed remedies from the U.K. competition regulator.Business - CNBC - November 5 -
Merger activity is down 40% from its peak. Citigroup CEO Jane Fraser sees a ‘big unlock’ ahead.
The future could see more megamergers, middle-market deals and initial public offerings.Business - MarketWatch - November 13 -
Disney-Reliance Indian media giant says TV ‘is not dead’ following $8.5bn merger
Head of newly formed Jio Star says traditional linear format is still important in the country during streaming eraWorld - Financial Times - November 14 -
Spirit Airlines files for bankruptcy after tumultuous period in which two attempted mergers fell through
Spirit Airlines filed for voluntary, prearranged chapter 11 bankruptcy early Monday after reaching an agreement with its bondholders, capping a tumultuous period for the low-cost airline in which ...Business - MarketWatch - 5 days ago -
Packaging giants Amcor and Berry to combine as merger landscape shows signs of heating up
Amcor’s acquisition essentially confirms recent forecasts by Wall Street bankers that major tie-ups to achieve scale will become more common.Business - MarketWatch - 4 days ago -
Vans maker VF Corp. rallies 23% on results, and CEO says he feels good about Q3
Shares of VF Corp. rocketed higher after hours on Monday after the parent company of Vans and the North Face reported second-quarter results that beat expectations, as it looks to tighten up ...Business - MarketWatch - October 29 -
Vinyl thrives at United Record Pressing as the nation's oldest record maker plays a familiar tune
In its 75 years in operation, United Record Pressing in Nashville has survived 8-tracks, cassettes, CDs, Napster, iPods and streaming servicesEntertainment - ABC News - October 29 -
Super Micro Computer's shares plunge 33% after server maker's accounting firm quits
Shares of Super Micro Computer have plunged more than 33% after the server maker disclosed that Ernst & Young had resigned as its public accounting firmTech - ABC News - October 30 -
Dodge maker Stellantis posts 27% drop in revenues, flags progress in slashing U.S. inventories
Auto giant Stellantis on Thursday reported a 27% decline in third-quarter revenues, but said it was making headway in addressing operational issues like U.S. inventories.Business - CNBC - October 31 -
Activist Engine Capital nominates six directors at software maker Dye & Durham, sources say
Activist investor Engine Capital intends to nominate a slate of six director candidates to Canadian software maker Dye & Durham's board.Business - CNBC - November 4 -
Novo Nordisk shares jump 8% after Wegovy sales beat expectations
Novo Nordisk on Wednesday reported third quarter earnings broadly in line with expectations and narrowed its 2024 full-year growth guidance.Business - CNBC - November 6 -
Robert F. Kennedy Jr., Foe of Drug Makers and Regulators, Is Poised to Wield New Power
President-elect Donald Trump has encouraged him to “go wild on health” but has not made clear what role Mr. Kennedy will play.Health - The New York Times - November 6 -
Difference-makers for second half of 2024 NFL season: Ravens' Zay Flowers set to ignite playoff push
These eight players will have a huge impact on the playoff racesSports - CBS Sports - November 8