Magnificent 7 stocks going to do well in 2025, says financial expert
Constellation Research founder Ray Wang discusses his forecast for stocks in 2025, the future of TikTok and how President-elect Donald Trump is impacting tech giants' sentiment.
CEO optimism rises following Trump's election win
President-elect Trump's upcoming return to the White House has caused optimism among CEOs and investors for economic conditions in 2025 to rise, according to a survey by Teneo.
Kroger-Albertsons merger collapse is good for consumers: FTC official
FTC director of public affairs Douglas Farrar reacts to Albertsons suing Kroger after a judge ruled against the grocery merger on 'The Big Money Show.'
Federal judge blocks Kroger's $25B acquisition of Albertsons
A federal judge issued a ruling that blocks the proposed $25 billion merger between Albertsons and Kroger, which critics argued would reduce competition in the grocery industry.
Blackstone buys Jersey Mike's sandwich chain
Asset management firm Blackstone will become the majority owner of sandwich chain Jersey Mike’s in a deal that values the company at a reported $8 billion.
Republican lawmakers press FTC's Khan on energy sector merger scrutiny
Republicans are stepping up their oversight of the FTC's use of consent decrees under Chair Lina Khan to bar energy industry executives from serving on boards after deals conclude.
Capri terminates Tapestry merger citing regulatory hurdles
The proposed merger that would've combined six luxury brands owned by Capri and Tapestry was abandoned by the companies due to regulatory challenges posed by an FTC lawsuit.
DirecTV scrapping DISH merger
Satellite TV provider DirecTV is walking away from its planned acquisition of EchoStar's video distribution service, DISH DBS, after DISH bondholders rejected a debt exchange.
Wall Street bonuses expected to rise for first time since 2021: report
Wall Street firms are expected to increase bankers' bonuses this year for the first time since 2021 amid markets' rise and volatility, according to a report by Johnson Associates.
Federal judge blocks luxury brand merger between Tapestry and Capri
A federal judge issued a ruling blocking the pending merger of luxury fashion brands Tapestry and Capri on the grounds it would undercut competition in the handbag market.
Hardware wholesaler True Value files for bankruptcy, plans sale to rival
Wholesaler True Value filed for bankrtupcy Monday and announced its plans to sell to rival Do It Best. True Value retail stores are not included in the bankruptcy.
DirecTV-Dish merger: How it will impact customers
DirecTV is merging with Dish as it tries to stay competitive in a market that has been dominated by streaming services such as Netflix and Amazon Prime.
Arbitration board gives green light to US Steel-Nippon Steel merger over union's objections
Nippon Steel's bid to buy U.S. Steel was given the green light by an arbitration board tasked with reviewing the United Steelworkers union's complaints with the transaction.
Vista, Blackstone buying software maker Smartsheet for about $8.4 billion
Blackstone and Vista Equity Partners are acquiring software maker Smartsheet for $8.4 billion in cash, or $56.50 per share; the deal is expected to close in Smartsheet's fiscal fourth quarter.
FTC Chair Lina Khan defends merger and acquisition crackdown
Federal Trade Commission Chair Lina Khan defended the FTC's crackdown on mergers and acquisitions, arguing that her agency has to protect competition in the marketplace.
How Intel became a takeover target
Intel has gone from the world's most valuable chipmaker to the target of a takeover bid, after a series of missteps in recent years has left the company in a vulnerable position.
Iconic Motel 6 brand purchased in all-cash deal with OYO Hotels
Motel 6's parent company has been acquired by India-based OYO Hotels in a $525M all-cash transaction, according to a press release. (Source: File)
7-Eleven parent rejects acquisition proposal from Canada-based convenience store giant
Seven & i on Friday declined the preliminary proposal that Alimentation Couche-Tard made last month to acquire the Japanese corporate parent of the 7-Eleven convenience store chain.
Nippon Steel pushes back on national security concerns raised by Biden admin over US Steel purchase
Nippon Steel and U.S. Steel are pushing back on reports their merger would undermine U.S. national security amid reports the Biden-Harris administration is preparing to block the deal.
US Steel CEO says company likely to close steel mills if proposed $14B sale to Nippon Steel falls through
U.S. Steel's CEO is warning that the failure of its planned sale to Nippon Steel would lead to the closure of steel mills that would be modernized if the deal proceeds.