The U.S. Department of Justice has sought additional information and documents as it reviews broadcaster Nexstar Media's $3.54 billion bid to buy smaller rival Tegna , a deal that would create a local-TV powerhouse. ...

Spirit AeroSystems posted a bigger third-quarter loss on Friday, as the aerospace supplier continues to burn through cash, weighed down by higher costs in its supply chain. ...

Core Viewpoint - Central Bancompany is aiming to raise up to $426.7 million in its U.S. initial public offering, indicating strong market demand for new public offerings [1] Group 1 - The bank has filed a regulatory document detailing its IPO plans [1] - The targeted amount of $426.7 million reflects a significant interest in fresh flotations within the market [1]

Core Points - Polestar has been notified by Nasdaq for failing to meet the exchange's listing rules regarding a minimum bid price of $1 [1] - The decline in Polestar's share price is attributed to increasing competition in the electric vehicle (EV) market [1] Company Summary - Polestar is facing pressure on its stock price, which has led to a notification from Nasdaq regarding compliance with listing rules [1] - The company's shares are experiencing a downturn due to intensified competition within the EV sector [1] Industry Summary - The electric vehicle industry is becoming increasingly competitive, impacting companies like Polestar [1] - The pressure from competition is reflected in the stock performance of EV firms, highlighting the challenges in maintaining market position [1]

Core Viewpoint - Alaska Air Group is partnering with Accenture to audit its IT systems following a recent outage that affected flights across the U.S. [1] Group 1 - The partnership with Accenture aims to enhance the reliability and performance of Alaska Air Group's IT infrastructure [1] - The outage earlier this week resulted in significant disruptions, grounding flights nationwide [1]

Core Insights - Bank of America has promoted Denis Manelski and Soofian Zuberi to the positions of presidents and co-heads of global markets, indicating a strategic shift in leadership within the trading division [1] Leadership Changes - The internal memo revealed several leadership changes in Bank of America's trading arm, highlighting a restructuring aimed at enhancing operational efficiency and market competitiveness [1]

Group 1 - Pfizer has filed a lawsuit against Metsera and Novo Nordisk for allegedly breaching a merger agreement [1] - The lawsuit claims that Metsera and Novo Nordisk interfered with the merger deal [1]

Federal Reserve liquidity facilities caught fire on Friday as month-end pressures pushed a key lending tool to a record level of usage. ...

Core Viewpoint - French telecoms group Orange has reached a non-binding agreement to acquire the remaining 50% stake in its Spanish unit MasOrange for 4.25 billion euros ($4.96 billion) [1] Group 1 - The acquisition will allow Orange to fully own MasOrange, enhancing its position in the Spanish telecom market [1] - The deal is valued at approximately 4.25 billion euros, which translates to about $4.96 billion [1] - This move reflects Orange's strategy to consolidate its operations and strengthen its market presence in Spain [1]

Warren Buffett will release a letter to his three children and Berkshire Hathaway shareholders on November 10, while Greg Abel will write Berkshire's annual shareholder letter in February after becomi... ...