Business
Meta Approved a Non-Voting Share Class as It Reported Negative Free Cash Flow of $2.12 Billion
Meta approved non-voting Class C shares as third-quarter free cash flow fell to negative $2.12 billion.
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Business
Business news, M&A, corporate strategy, and industry analysis
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BusinessNetflix Fell 6% After Hours as It Cut Its 2026 Ad Forecast to $2.7 Billion and Guided Fourth-Quarter Revenue Below Estimates
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Business
Silgan Buys Trivium Packaging for $3.4 Billion, Then Sells 40% of the Combined Business to American Industrial Partners
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Business
Indonesian Stocks Fell Another 5% on Monday After MSCI Proposed Demoting the Market to Standalone Status
Business
Nasdaq Loses 4.5% in Its Worst Week Since June as CoreWeave’s Debt Rout Rattles AI Stocks
The Nasdaq lost 4.5% last week, its worst since June, and CoreWeave's bond and…
Business
$6.1 Billion From GTCR and Elliott Buys CCC Intelligent Solutions for Less Than Its SPAC Valuation
GTCR and Elliott will pay $7.75 a share for CCC, four cents below Advent's…
Business
Mitsui Will Supply Most of the Equity to Take Penske Automotive Private at $212 a Share
Penske Automotive goes private at $212. Mitsui's filing shows it supplies $1.6 billion of…
Business
Ledger’s Spy-Chip Wallets Came From an Authorized Reseller, Not a Gray Market
Ledger's own reseller page still lists CryptoBilis. Bitquery counts $102 million drained from 324…
Business
$380.7 Million Ends Liquidia’s Six Lawsuits With United Therapeutics and Lifts Its Stock More Than 40%
Liquidia's $380.7 million settlement is a net figure: United Therapeutics also pays to end…
Business
Hackers Defrosted Freezers at Hundreds of French Supermarkets, and the Manufacturer Had Logged Earlier Hacks of the Same Controller
Hackers heated freezers at hundreds of French supermarkets to 50C. A Danfoss bulletin from…
Analysis
UnitedHealth Beat Estimates by 55 Cents and Raised Its 2026 Outlook. A $610 Million Reserve Release Did Much of the Work.
UnitedHealth earned $4.69 a share against a $4.14 estimate and lifted its 2026 floor…
Analysis
PepsiCo Cut Its 2026 Profit Forecast, a Downgrade Made Despite a Tariff-Refund Boost
PepsiCo beat Q3 estimates and cut its 2026 profit outlook. Tariff refunds supplied four…
Analysis
Constellation Brands Beat on a Distributor Restock, and Drinkers Bought Less Modelo
Constellation Brands grew beer sales 5% as shipments rose 5.5% while depletions fell 0.6%.…
Business
After a Record 141 Deals of $100 Million or More, Accenture Stock Closed Up 16%
Accenture jumped 16% on record $100 million bookings, but fiscal 2027 guidance of 3%…
AI
The FTC Opened a Probe Into OpenAI, Anthropic and METR. Anthropic’s Prospectus Saw It Coming.
The FTC is investigating OpenAI, Anthropic and METR over AI agents. Anthropic's draft prospectus…
Business
A 14-Day Order Put CNN, MS NOW and Politico Back Inside the White House
A judge restored White House press passes for CNN, MS NOW and Politico for…
Business
Paramount Settled 12 States for Film Quotas and $47.5 Million, a Fraction of the $49 Billion It Must Now Borrow
Business
The $20 Billion Book for SoftBank’s Bond Is a Bet on Yield, Not on OpenAI
Business
Danone Pulled SKU 136603 for the Second Time in Nine Months, a Recall the FDA Had Already Closed
Business
Generac Gained $2 Billion in Market Value on an Order Worth $2.4 Billion Over Two Years
Business
Oura’s Gross Margin Fell 13 Points in a Year. An $84.4 Million Battery Bill Explains Most of It.
Business
Michael Dell’s Family Office Is Buying an Insurance Brokerage at 20 Times EBITDA to Automate It
Business
The Motor Oil Shortage Behind Costco’s Purchase Limit Started in Qatar, Not in Its Warehouses
Business