WNBA growth surges as Connecticut Sun strike deal for record sale amid rising franchise valuations: report
Steve Pagliuca, a minority owner of the NBA's Boston Celtics, agreed to buy the Connecticut Sun for $325 million. The most expensive deal in WNBA history awaits approval.
CBS insiders warn that Skydance merger brings 'hall monitor' to news division
CBS insiders react to theParamount-Skydance merger approval that includes the elimination of diversity initiatives and the appointment of an ombudsman to monitor the news division for bias.
Union Pacific, Norfolk Southern merge creating first US transcontinental railroad
Union Pacific and Norfolk Southern announce a landmark $85 billion merger to create America's first transcontinental railroad, connecting over 50,000 route miles from coast to coast.
Skydance informs Trump’s FCC it will eliminate DEI at Paramount, create CBS News ombudsman following merger
Skydance committed to removing DEI programs and establishing a bias complaint system at CBS News as it seeks FCC approval for Paramount merger.
Paramount CEO George Cheeks explains why company paid Trump millions to settle '60 Minutes' lawsuit
Paramount Global settled Trump's $20 billion lawsuit against CBS News without issuing an apology as CEO George Cheeks said he wanted to avoid legal costs and business distractions.
Former MLB star Alex Rodriguez, Marc Lore approved as controlling owners of Timberwolves and Lynx, NBA says
NBA board unanimously approves sale of Minnesota Timberwolves and Lynx to Alex Rodriguez and Marc Lore, concluding a nearly four-year ownership transfer process.
Popular fried chicken chain acquired by private equity firm in $1B deal
Fast-food company Dave's Hot Chicken is set for global growth after Roark Capital's $1 billion acquisition, aiming for 400 locations by the end of the year.
Trump touts 'blockbuster agreement' between US Steel, Nippon: 'Stays an American company'
President Donald Trump touts Nippon Steel’s partnership with U.S. Steel, calling it “a blockbuster agreement" that ensures the company “stays an American company."
US Steel deal with Nippon could move forward under Trump administration
Nippon Steel's $14.9B bid for U.S. Steel includes a "golden share" for U.S. control, promising 70,000 jobs and a $14B boost to the economy.
Salesforce to acquire Informatica for $8B to boost AI capabilities
Salesforce's $8 billion acquisition of Informatica aims to strengthen its position in the enterprise data market by integrating advanced data management and AI solutions.
Regeneron Pharmaceuticals to buy bankrupt 23andMe in $256M deal
Genetic testing company 23andMe filed for Chapter 11 bankruptcy protection in March. Regeneron Pharmaceuticals announced it would buy "substantially all" of 23andMe's assets.
Verizon ends DEI programs, diversity goals as it seeks approval for Frontier acquisition
Verizon on Friday announced that it is ending corporate diversity, equity and inclusion (DEI) goals as it faces a Trump administration probe and scrutiny of a proposed acquisition.
Microsoft wins appeal in FTC challenge to $69 billion Activision Blizzard deal
The 9th Circuit Court of Appeals issued an opinion Wednesday affirming a denial of a preliminary injunction the FTC had sought for Microsoft's now-completed acquisition of Activision Blizzard.
Crypto wallets 'are the future,' MoonPay CEO says
MoonPay CEO Ivan Soto-Wright gives his outlook for the crypto industry, the market, and the company's acquisitions of Iron and Helio.
Skechers to go private following $9.4B deal with 3G Capital
Private equity firm 3G Capital reached a deal to buy Skechers and take the footwear company private. The deal is set to close in the third quarter.
DoorDash to purchase UK rival Deliveroo for $3.9B
DoorDash will purchase British rival Deliveroo for $3.85 billion, the companies said on Tuesday, helping DoorDash grow its market share in Europe.
Goldman Sachs CEO says markets will 'settle down' after a 'reset of expectations'
Goldman Sachs CEO David Solomon told Bloomberg as policy uncertainty declines, activity in capital markets will increase in response to new expectations.
Amazon makes bid to buy TikTok as deadline looms
Amazon has offered to buy TikTok as the social media app faces a looming deadline for divestment from its Chinese ownership or face a U.S. ban, The New York Times reported.
Kroger throws latest punch in legal battle with Albertsons
Kroger and Albertsons are fighting it out in court, blaming the other for which caused their proposed $25 billion merger to fail. A federal judge blocked the merger in December.
Dollar Tree selling Family Dollar for about $1B
Dollar Tree is selling its Family Dollar business as it struggled to drive traffic. The company is selling the brand to private equity firms to the tune of $1 billion.