Finance

Markets, economy, and industry.

  1. Industry

    Paramount Skydance to Buy Warner Bros. Discovery in $110 Billion Deal, Creating New Hollywood Powerhouse

    Paramount Skydance agreed to an all-cash $110B takeover of Warner Bros. Discovery, merging major studios, news and sports as regulators weigh antitrust risks.

    · #media #mergers #streaming #hollywood #antitrust

  2. Industry

    DOJ Clears Allegiant’s $1.5 Billion Sun Country Deal, Paving Way for Budget-Airline Shakeup

    Justice Department ends antitrust waiting period for Allegiant’s Sun Country buyout, setting up a 2026 close and closer scrutiny from DOT.

    · #airlines #mergers #antitrust #doj #lowcostcarriers

  3. Industry

    U.S. to Refund TotalEnergies Nearly $1 Billion to Drop Offshore Wind Leases and Invest in Oil and Gas

    At CERAWeek, the Interior Department struck a deal to unwind two offshore wind leases and reimburse TotalEnergies if it invests in U.S. oil and gas.

    · #energy #offshorewind #oilgas #totalenergies #interiordepartment

  4. Industry

    Thousands Strike at Colorado JBS Beef Plant in Rare U.S. Walkout, Raising Price Concerns

    About 3,800 workers walked out at JBS’s Greeley, Colorado, beef plant over pay and safety, threatening a key slice of U.S. slaughter capacity.

    · #labor #meatpacking #jbs #strike #colorado

  5. Industry

    Paramount’s Skydance group strikes $110 billion deal to buy Warner Bros. Discovery

    Paramount’s Skydance-led company agreed to an all-cash $31-a-share acquisition of Warner Bros. Discovery, setting up a major antitrust fight.

    · #media #streaming #mergers #hollywood #antitrust

  6. Industry

    Senior plc Draws Three-Way U.S. Private-Equity Bidding War as Takeover Deadlines Loom

    Tinicum-Blackstone joins Advent and Arcline in pursuing aerospace supplier Senior plc, with U.K. takeover deadlines set for late March and April.

    · #privateequity #aerospace #takeover #uk #seniorplc

  7. Industry

    Federal investigators: Forgotten work lights and failed inerting led to Dow Plaquemine blasts

    A CSB report says preventable maintenance lapses and flawed relief design triggered 2023 ethylene oxide explosions near Baton Rouge.

    · #chemical #safety #louisiana #dow #ethyleneoxide

  8. Industry

    France’s SOCOTEC to Buy Pennsylvania Engineering Firm AEG, Expanding U.S. Infrastructure Push

    SOCOTEC says it will acquire American Engineers Group, a Pennsylvania transportation-focused consultancy, deepening its mid-Atlantic footprint amid U.S. infrastructure spending.

    · #infrastructure #engineering #mergers #pennsylvania #socotec

  9. Industry

    Nearly 3,800 JBS Workers in Greeley Plan Unfair-Labor-Practice Strike, Threatening Major U.S. Beef Output

    Unionized workers at JBS’s Greeley, Colo., beef plant plan a March 16 walkout over wages, safety and alleged retaliation, testing supply chains.

    · #labor #meatpacking #jbs #colorado #ufcw

  10. Industry

    Paramount Skydance Strikes $110 Billion Deal for Warner Bros. Discovery, Setting Up Major Media Merger Review

    Paramount Skydance agreed to buy Warner Bros. Discovery for $31 a share, creating a vast studio, streaming and news empire under heavy antitrust scrutiny.

    · #media #mergers #streaming #antitrust #hollywood

  11. Industry

    Justice Department Reaches Live Nation Settlement as States Press On in Ticketmaster Antitrust Trial

    A surprise DOJ settlement would spare Live Nation a breakup, impose new ticketing rules and divestitures, and split the state coalition as trial continues.

    · #antitrust #livenation #ticketmaster #concerts #doj

  12. Industry

    Starboard Takes $350 Million Stake in CarMax, Seeks Cost Cuts and Digital Revamp

    Activist investor Starboard Value disclosed a nearly 6% stake in CarMax and nominated two directors, pushing cost cuts, pricing changes and a smoother online platform.

    · #carmax #activistinvestor #starboard #autoretail #proxyfight

  13. Industry

    BlackRock, EQT-led group to take AES private in $33.4 billion deal as AI power demand surges

    A BlackRock and EQT-led consortium agreed to buy AES for $15 a share, taking the utility private in a $33.4B deal that faces heavy regulatory review.

    · #blackrock #eqt #aes #utilities #datacenters

  14. Industry

    UK watchdog clears BCA takeover of Aston Barclay after ‘exiting firm’ review

    The CMA has approved BCA owner Constellation’s purchase of rival Aston Barclay, saying the target would likely have exited anyway.

    · #uk #competition #usedcars #autoindustry #cma

  15. Industry

    Paramount Skydance to Buy Warner Bros. Discovery in $110 Billion Deal, Outbidding Netflix

    Paramount Skydance agreed to acquire Warner Bros. Discovery for $31 a share in cash, creating a streaming and studio giant amid antitrust scrutiny.

    · #media #streaming #mergers #antitrust #hollywood

  16. Industry

    Vanguard to Pay $29.5 Million, Limit Proxy Power in Texas-Led ESG Antitrust Settlement

    Vanguard will pay $29.5 million and accept strict limits on proxy voting and ESG engagement to exit a Texas-led antitrust suit over coal.

    · #vanguard #esg #antitrust #proxyvoting #coal

  17. Industry

    Walmart to Pay $100 Million, Overhaul Spark Driver Pay After Regulators Allege Tip and Earnings Deception

    FTC and 11 states say Walmart misled Spark drivers and shoppers on tips and pay. A $100M deal funds refunds and mandates 10 years of oversight.

    · #walmart #gigwork #tips #ftc #delivery

  18. Industry

    Verint Names Ex-Calabrio Chief Dave Rhodes CEO After $2 Billion Take-Private Deal

    Verint appoints former Calabrio CEO Dave Rhodes to lead the newly combined, Thoma Bravo-backed customer experience AI platform.

    · #verint #calabrio #thomabravo #ai #customerservice