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Alphabet to buy data center infrastructure firm Intersect in $4.75 billion deal
Reuters· 2025-12-22 16:10
Group 1 - Tech giant Alphabet has agreed to acquire Intersect, a provider of data center and energy infrastructure solutions, in a deal valued at $4.75 billion [1]
VIEW Ellison steps in with personal guarantee as Paramount fights for Warner Bros
Reuters· 2025-12-22 16:03
Oracle co-founder Larry Ellison has stepped in to personally guarantee $40.4 billion in Paramount Skydance's latest effort to pry Warner Bros Discovery away from selling its prized Hollywood assets to... ...
Mexico antitrust commission to revise Volaris-Viva Aerobus tie-up
Reuters· 2025-12-22 15:04
Mexico's antitrust commission will revise a planned tie-up between low-cost airlines Viva Aerobus and Volaris , the country's President Claudia Sheinbaum said on Monday, adding she considered the deal... ...
Pension dispute could prolong strike at Brazil's Petrobras
Reuters· 2025-12-22 14:53
Core Viewpoint - A dispute involving approximately 50,000 retired Petrobras employees regarding payment deductions may lead to an extension of a strike at the Brazilian state-run oil company [1] Group 1 - The ongoing dispute is significant enough to potentially impact operations at Petrobras [1] - Union leaders and executives have indicated that the situation could escalate if not resolved [1]
Union Pacific, Norfolk Southern merger faces pushback from signalmen's union
Reuters· 2025-12-22 14:51
A rail workers' union on Monday opposed Union Pacific's proposed $85 billion acquisition of Norfolk Southern , warning that the deal could undermine safety and impact the workforce. ...
HSBC appoints ex-Citi executive Ida Liu to lead private bank
Reuters· 2025-12-22 14:44
Core Viewpoint - HSBC has appointed Ida Liu as the chief executive officer of its private bank, effective January 5 [1] Company Summary - The appointment of Ida Liu marks a significant leadership change within HSBC's private banking division [1]
Instacart ends AI-driven price experiments after criticism
Reuters· 2025-12-22 14:43
Core Viewpoint - Instacart is discontinuing its price testing strategy that displayed varying prices for groceries to different shoppers, following backlash regarding its artificial intelligence practices [1] Group 1 - The decision to end the price tests comes after criticism from users and stakeholders about the fairness and transparency of the pricing model [1] - Instacart's approach involved using artificial intelligence to determine pricing, which led to concerns over potential discrimination among customers [1] - The company aims to enhance customer trust and satisfaction by standardizing prices across its platform [1]
Trian, General Catalyst to buy Janus Henderson for $7.4 billion
Reuters· 2025-12-22 14:30
Group 1 - Trian Fund Management and General Catalyst have agreed to acquire asset manager Janus Henderson in an all-cash transaction valued at $7.4 billion [1]
Glencore buys majority stake in Dutch fuel company FincoEnergies
Reuters· 2025-12-22 14:15
Global commodities trader and miner Glencore has agreed to acquire a majority stake in Dutch fuel supplier FincoEnergies for an undisclosed sum, the Dutch company said on Monday. ...
Fed's Miran says he'll likely stay after term ends until his seat is filled - Bloomberg
Reuters· 2025-12-22 14:11
U.S. Federal Reserve Governor Stephen Miran on Monday said he is likely to remain on the central bank's Board of Governors beyond the expiration of his term until whoever President Donald Trump nominates as the next Fed chair is confirmed by the Senate. ...