Elon Musk promises to reinstate Disney+ in Tesla vehicles if Disney resumes advertising on his social media platform, X.
Deals
Barbie Creator Mattel's Shares at an Uptick After L Catterton Reveals Buyout Offer
French private equity firm L Catterton reportedly approached toymaker Mattel with an offer to acquire it, according to several sources quoted by Reuters.
Aurea Group Agrees to Acquire The Body Shop Out of Bankruptcy for Undisclosed Amount
The Aurea Group and several investors are expected to acquire The Body Shop after it announced its bankruptcy earlier this year.
US Online Spending Surge to $7.2 Billion, Thanks to Amazon Prime Day Frenzy
The first day of Amazon's Prime Day event in the U.S. saw $7.2 billion in online sales, surpassing expectations and marking an 11.3% increase from the previous year.
Macy’s Ends Buyout Deal with Arkhouse, Brigade After Talks Deteriorate
The board of the department store Macy’s unanimously decided to terminate its negotiations with Arkhouse Management and Brigade Capital regarding the group’s proposal to acquire the retailer.
Latest News
The near-complete fossilized remains of a 161-million-year-old stegosaurus named "Apex" will be auctioned at Sotheby's annual Geek Week series. The estimated sale price is between $4 million and $6 million.
As UK IPOs declined, the Financial Conduct Authority (FCA) has proposed new regulations for stock market listings.
Delta Air Lines and startup Riyadh Air have entered into a partnership to connect the US and Saudi Arabia with regularly operated flights.
Goldman Sachs’s private equity business has bought the majority stake of TAIT, the engineering company that designed the stage for Taylor Swift’s Eras Tour, for an undisclosed amount.
Eli Lilly & Co. is acquiring US biopharma company Morphic Holding Inc. for $3.2 billion to advance its experimental therapies for inflammatory bowel disease and other chronic illnesses.
Paramount Global's directors have approved a merger plan with Skydance Media, set to be finalized on Sunday and announced on Monday, July 8.
Mexican billionaire Carlos Slim’s company, Grupo Carso SAB, announced that it was investing $1.2 billion to develop a vast gas field in the Gulf of Mexico.
HBC, the parent company of Saks Fifth Avenue, has announced a $2.65 billion acquisition deal with Neiman Marcus Group.
Lufthansa has won EU antitrust approval to buy 41% of ITA Airways for around $350 million. Lufthansa has received antitrust clearance from the European Union (EU) to acquire 41% of ITA Airways for 325 million euros (about $350 million) following the sale of certain routes and slots, the company announced Wednesday, July 3.
