Browsing: Business

Medline shares surged more than 40% in their hotly anticipated New York debut on Wednesday, valuing the medical supply giant at $54 billion in the largest US…

Elon Musk’s net worth has hit a staggering $648 billion – making the world’s richest person more than twice as wealthy as the runner-up and worth…

New Mexico Attorney General Raul Torrez ripped Mark Zuckerberg’s Meta over a new PG-13 rating system for Instagram that the company claims will protect young users…

Honda is recalling more than 70,000 US vehicles over a loss of brake function, which could increase the risk of a crash or injury, auto safety…

Citadel CEO Ken Griffin on Tuesday urged President Trump to prioritize creating “distance” between himself and the Federal Reserve with his pick for chairman.  The hedge…

Jared Kushner’s private equity firm, Affinity Partners, is reportedly pulling out as a partner of Paramount Skydance’s attempted hostile takeover of Warner Bros. Discovery, whose board…

Warner Bros. Discovery’s board unanimously urged shareholders to reject a hostile buyout offer from Paramount Skydance, calling the overture “illusory” and throwing its full support behind…

Oil prices rose more than 1% on Wednesday after President Donald Trump ordered “a total and complete” blockade of all sanctioned oil tankers entering and leaving Venezuela, raising…

Warner Bros. Discovery’s board could announce a decision as early as Wednesday on Paramount Skydance’s $108.4 billion takeover bid, with the board likely to advise shareholders to vote…

Paramount Skydance has no immediate plans to sweeten its $30-a-share, all-cash bid for Warner Bros. Discovery – instead continuing to make its case to shareholders that…