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Spirit Airlines, which has been losing money since the start of 2020, will appeal a ruling blocking its merger with JetBlue
Finance
Spirit Airlines, which has been losing money since the start of 2020, will appeal a ruling blocking its merger with JetBlue
By The Associated PressJanuary 20, 2024
oung man sitting on wooden bench, eating hamburger, drinking coffee
Finance
Burger King splashed out $1 billion on an expensive gamble to buy its largest franchisee—it’s all part of a plan to ‘Reclaim the Flame’ after competitors ate its lunch during COVID
By Will DanielJanuary 17, 2024
The largest retail grocery merger in U.S. history is in regulators’ crosshairs with Washington state lawsuit: ‘Shoppers will have fewer choices and less competition’
Finance
The largest retail grocery merger in U.S. history is in regulators’ crosshairs with Washington state lawsuit: ‘Shoppers will have fewer choices and less competition’
By The Associated Press and Irina IvanovaJanuary 16, 2024
Washington state sues to stop $25 billion merger of Kroger and Albertsons grocery chains, claiming it will lead to higher prices
Finance
Washington state sues to stop $25 billion merger of Kroger and Albertsons grocery chains, claiming it will lead to higher prices
By The Associated PressJanuary 16, 2024
Biden believes U.S. Steel sale to Japanese competitor warrants ‘serious scrutiny’ as opposition from Steelmakers union mounts
Politics
Biden believes U.S. Steel sale to Japanese competitor warrants ‘serious scrutiny’ as opposition from Steelmakers union mounts
By Zeke Miller, Fatima Hussein and The Associated PressDecember 22, 2023
After a storm of criticism, Lina Khan’s FTC has a $7 billion victory related to a cancer-test acquisition
Health
After a storm of criticism, Lina Khan’s FTC has a $7 billion victory related to a cancer-test acquisition
By Gerry Smith and BloombergDecember 18, 2023
Adobe to pay Figma a $1B breakup fee after European regulators scuttle proposed merger
Tech
Adobe to pay Figma a $1B breakup fee after European regulators scuttle proposed merger
By Leah Nylen, Brody Ford and BloombergDecember 18, 2023
Pittsburgh
Finance
U.S. Steel agrees to sell to Japan’s Nippon Steel for $55 per share in $14 billion all-cash mega-merger with all union contracts to be upheld
By Michelle Chapman and The Associated PressDecember 18, 2023
Evofem, the startup trying to survive the broken birth-control market, finally sells itself
Features
Evofem, the startup trying to survive the broken birth-control market, finally sells itself
By Maria AspanDecember 13, 2023
Choice Hotels launches $8bn hostile takeover bid for bigger rival Wyndham after being rebuffed repeatedly
Finance
Choice Hotels launches $8bn hostile takeover bid for bigger rival Wyndham after being rebuffed repeatedly
By Michelle Chapman and The Associated PressDecember 12, 2023
Traders work on the floor of the New York Stock Exchange
Newsletters
EquiLend, the stock lending platform backed by some of the biggest Wall Street firms, still sold for a big multiple while U.S. mergers stalled
By Luisa BeltranDecember 11, 2023
Cigna drops bid to buy Humana, plans $10 billion share buyback
Finance
Cigna drops bid to buy Humana, plans $10 billion share buyback
By Chrystal Tse and BloombergDecember 10, 2023
FTC doubles down on oil industry scrutiny as it reviews Chevron-Hess merger
Finance
FTC doubles down on oil industry scrutiny as it reviews Chevron-Hess merger
By Matthew Daly and The Associated PressDecember 8, 2023
Competition cop Lina Khan’s antitrust overreach is hurting U.S. competitiveness–and destroying billions of dollars in value
Commentary
Competition cop Lina Khan’s antitrust overreach is hurting U.S. competitiveness–and destroying billions of dollars in value
By Jeffrey Sonnenfeld and Steven TianDecember 7, 2023
The Goldman Sachs logo is seen at the New York Stock Exchange
Finance
Inhabit, a Goldman-backed proptech company, is seeking a buyer and may fetch more than $2 billion
By Luisa BeltranDecember 5, 2023
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Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last yearplaceholder alt text
By Sydney LakeOctober 11, 2026
Success
Palantir’s billionaire CEO says only two kinds of people will succeed in the AI era: trade workers—‘or you’re neurodivergent’placeholder alt text
By Preston ForeOctober 10, 2026
Success
Despite his $200 million success, Matthew McConaughey spent a weekend in the desert reading 20 years of bad reviews—he says some of them had ‘a point’placeholder alt text
By Orianna Rosa RoyleOctober 13, 2026
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