Chevron Closes Megadeal for Hess After Winning Exxon Arbitration
Arbitrators cleared the way for the long-delayed $53 billion acquisition after Exxon tried to pre-empt the deal.
3M raised its full-year earnings outlook after beating expectations in the second quarter.
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Meta Won’t Sign EU’s AI Code of Practice, Chief Global Affairs Officer Says
The company won’t adhere to the voluntary code of practice as its head of global affairs said the bloc was on the wrong path on AI.
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American Express Customers Pay Up for Lounges and Dining Perks
American Express posted higher revenue in the second quarter, driven by a 20% jump in card fees.
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How a Viral Coldplay Kiss-Cam Moment Spotlighted a Little-Known IT Company
Astronomer does work in data integration and management for companies like Apple and Ford. You probably haven’t heard of them until now.
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Planet Fitness Has Right Tools to Continue Growing
The low-cost gym giant is coming off four consecutive months of higher foot traffic despite raising its signature membership price to $15 from $10 last summer.
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Galaxy Digital Sees Demand Surge as U.S. Passes First Major Crypto Bill
Galaxy is expanding aggressively to meet surging demand and remain competitive as more investors flood into the cryptocurrency sector, the company’s global head of asset management said.
The metals recycler is working with Morrison & Foerster to examine debt restructuring options.
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Charles Schwab Profit Jumps on Tariff Trading Surge
The brokerage benefited from the market’s busy-and bumpy-ride since April.
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Senior PLC Agrees to Sell Aerostructures Business for Up to $268 Million
Sullivan Street Partners’ deal for the business includes an initial payment of £150 million and and an additional one of up to £50 million next year.
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Obamacare Insurers Seek Double-Digit Premium Hikes Next Year
Some enrollees could be hit with increases of more than 20% because of federal changes and higher health expenses.
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SLB Earnings Beat Expectations. The Oil Services Stock Is Rising.
SLB’s fortunes are closely tied to crude prices, and they’ve been falling this year.
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Reckitt to Sell Home-Care Unit to Advent in Up to $4.8 Billion Deal
The consumer-goods company is selling a majority stake in its home-care business to Advent International as it looks to sharpen its focus on core brands.
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GSK Shares Drop After FDA Committee Vote Leaves Cancer-Drug Comeback in Doubt
The pharmaceutical company said it remained confident in the benefit and risk profile of Blenrep and will continue to work with the FDA.
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Saab Shares Jump After Defense Boom Prompts Higher Guidance
The company reported a second-quarter earnings beat and raised full-year sales guidance, boosted by a strong performance at its missile systems and ground combat weapons unit.
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Shares in Vivendi Rise After French Regulator Mandates Buyout Offer From Bollore
The regulator required Vivendi’s main shareholders to bid for full ownership after minority stockholders challenged in court its breakup.