Capital One, Discover merger will break Visa-Mastercard 'duopoly,' analysts say
Capital One's $35.3 billion acquisition of Discover Financial would likely renew competition for Visa and Mastercard, which have long dominated the payment processing industry.
Why Walmart is buying smart-TV maker Vizio
Walmart announced Tuesday it is buying smart-TV maker Vizio in a $2.3 billion acquisition aimed at boosting the retailer's growing advertising business.
Capital One to acquire Discover Financial
Capital One is planning to buy Discover Financial Services that would bring the two large credit card issuers and lenders together, the company announced Monday.
Spirit Airlines uncertainty has some pilots dusting off their resumes
Some pilots at Spirit Airlines are looking for new job opportunities after the Department of Justice blocked the budget carrier's proposed merger with JetBlue Airways last month.
Diamondback in $26B deal to buy Endeavor Energy in growing Permian push
The combined company would be the third-largest oil and gas producer in the region behind Exxon and Chevron, with both firms having announced recent deals.
US steel workers outraged over billion-dollar deal 'selling out' employees to a foreign entity
U.S. Steel has allegedly "sold off to the highest bidder to line their own pockets," according to local union presidents who now worry about their job security and livelihoods.
Byron Allen offers to buy Paramount Global for $14 billion
Allen Media Group, run by media mogul Byron Allen, offered to buy Paramount Global in a deal worth more than $14 billion after a prior offer extended last year was rebuffed.
Experts warn Biden's meddling in big business could hurt US consumers
FOX Business' Lydia Hu reports on how the Biden administration is cracking down on major companies like Google, Spirit, JetBlue, Amazon, Ticketmaster and UnitedHealth Group.
Macy's rejects $5.8B takeover bid to go private
Macy's rejected a $5.8 billion bid from Arkhouse Management Co. LP and partner Brigade Capital Management LP to acquire all outstanding shares of Macy's.
Biden energy policies restrict oil market's 'future investment, supply': Mike Wirth
Chevron Chairman and CEO Mike Wirth on the company's acquisition of Hess, Biden policy and growing oil demand and reliability.
Spirit Airlines explores restructuring options following JetBlue deal collapse
Spirit Airlines is looking at ways to deal with its financial challenges, including $1.1B in debt, after a federal judge blocked the merger deal between it and JetBlue Airways
CEOs have sense of 'trepidation,' caution on 2024, says Paul Keary
Teneo CEO and co-founder Paul Keary weighs in on the predicted surge of M&A in 2024 and CEOs investing in artificial intelligence.
NYSE readying for 'quite a few IPOs' in coming weeks: Lynn Martin
NYSE President Lynn Martin gives her 2024 outlooks on IPOs, mergers and acquisitions, stock valuation and Fed trajectory.
Judge blocks $3.8B JetBlue-Spirit merger, cites 'anticompetitive harm'
A federal district court on Tuesday blocked JetBlue Airways' proposed $3.8 billion acquisition of budget carrier Spirit Airlines after the judge found the merger would hurt competition.
Bristol Myers to buy RayzeBio for about $4.1B
The U.S. drugmaker is turning to deals at a time when two of its top drugs, blood cancer treatment Revlimid and blood thinner Eliquis, face generic competition.
Bristol Myers to buy Karuna Therapeutics for $14B
Karuna’s crown jewel, an experimental drug called KarXT, is the product of such new insights. The drug could surpass $6 billion in yearly sales if it is approved for the various uses.
Warner Bros. Discovery CEO Zaslav not ready to make deal for Paramount but options remain on table
The purchase of Shari Redstone’s stake in National Amusements and Paramount would make it easier for David Zaslav to start to absorb the media company.
Paramount, Warner Bros Discovery discuss merger; would consolidate streaming services
The chief executives of Warner Bros. Discovery and Paramount Global reportedly recently got together to weigh the possibility of merging their media companies into one.
Charles Payne: US Steel sale is not only unpatriotic but dumb
'Making Money' host Charles Payne reacts to Japanese steelmaker Nippon buying U.S. Steel.
IBM aims to boost AI offerings with $2.3B acquisition
Tech giant IBM bolstering its investments in artificial intelligence, announcing Monday it plans to buy two units of Software AG for $2.33 billion cash.