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Spirit and Frontier Airlines eye merger, Bloomberg News reports
Reuters· 2025-12-16 22:26
Bankrupt Spirit Aviation Holdings is in discussions to merge with Frontier Group Holdings , Bloomberg News reported on Tuesday, citing people familiar with the matter. ...
Jared Kushner's Affinity exits Warner Bros takeover battle, Bloomberg News reports
Reuters· 2025-12-16 21:33
Jared Kushner's investment firm Affinity Partners has withdrawn from the takeover battle for Warner Bros Discovery , Bloomberg News reported on Tuesday, citing a representative for the firm. ...
Warner Bros likely to reject $108.4 billion Paramount bid, back Netflix in bidding war, sources say
Reuters· 2025-12-16 21:29
Warner Bros Discovery's board could announce a decision as early as Wednesday on Paramount Skydance's $108.4 billion takeover bid, with the board likely to advise shareholders to vote against the offe... ...
Dallas Fed paper argues federal funds rate transmission effectiveness waning
Reuters· 2025-12-16 20:27
New research from the Federal Reserve Bank of Dallas is building the case for a change in the interest rate the central bank targets to achieve its monetary policy goals. ...
Medical supply firm Medline could raise up to $7 billion in IPO, FT reports
Reuters· 2025-12-16 19:46
Private equity-owned medical supplies giant Medline is targeting an offering of up to $7 billion in an upsized share sale, the Financial Times reported on Tuesday, citing people briefed on the talks. ...
Texas Attorney General sues Xcel Energy unit over Smokehouse Creek wildfire
Reuters· 2025-12-16 18:51
The Attorney General of Texas, Ken Paxton, sued Xcel Energy's unit Southwestern Public Service Company for causing the Smokehouse Creek fire in 2024, his office said on Tuesday. ...
Tesla ramps up battery cell investments at German gigafactory
Reuters· 2025-12-16 18:15
Tesla is creating the conditions to produce up to 8 gigawatt hours of battery cells a year at its German gigafactory in Gruenheide near Berlin starting in 2027, the U.S. automaker said in a statement ... ...
BAE Systems halves stake in Kazakh carrier Air Astana
Reuters· 2025-12-16 17:43
Britain's BAE Systems said on Tuesday it will cut its stake in Kazakh carrier Air Astana by nearly half. ...
Airtel Africa teams up with Starlink to launch direct-to-cell service in 14 markets
Reuters· 2025-12-16 17:16
Airtel Africa said on Tuesday it has partnered with SpaceX to introduce Starlink's direct-to-cell satellite technology to all its 14 markets. ...
Universal offers to sell Downtown's Curve to win EU approval, source says
Reuters· 2025-12-16 16:53
Universal Music Group has offered to sell royalty services platform Curve in an attempt to address EU competition concerns over its $775 million bid for Downtown Music, a person with direct knowledge ... ...