Business
Found 197 articles
Berkshire Hathaway bets $6.8 billion on Taylor Morrison recovery
A 24% premium on Taylor Morrison’s closing price signals that Warren Buffett’s firm sees a turning point for the battered U.S. housing market. Despite volatile mortgage rates and geopolitical instability, the $6.8 billion deal suggests an institutional conviction that homebuilder valuations have finally hit their floor.
Barry Diller Eyes Full Control of MGM Resorts in $18 Billion Bid
With a cash offer of $48.30 per share, Barry Diller’s IAC—now rebranded as People Inc.—is moving to consolidate its hold on MGM Resorts. The proposed takeover would value the casino powerhouse, owner of the Bellagio and Aria, at more than $18 billion, signaling a major shift for the Las Vegas icon.
The Billion-Dollar Hangover: How AI Is Stranding Pre-ChatGPT Unicorns
The era of easy capital has collided with the reality of generative AI, leaving hundreds of high-valuation startups stranded. Companies that once commanded billion-dollar price tags are now finding themselves cut off from funding, unable to compete with the lean, automated efficiency of the new AI-native generation.
Retailers brace for a spending slump as tax refund tailwinds fade
Trump pivots to fast-track psychedelic therapies for mental health
Ivonescimab trial data shows survival gains in lung cancer patients
Disney’s Advertising Push Centers on the Power of Fandom
South Asian Music Emerges as the Next Global Investment Frontier
Generation Z Emerges as the New Engine of Box Office Growth
Replimune revives melanoma drug bid after FDA leadership shift
Asian snack brands break out of the ethnic aisle
CVS Caremark Expands Obesity Drug Access with Zepbound Reinstatement
Aerie Drives Growth as American Eagle Struggles With Brand Identity
Gap Shares Slide 14% as Old Navy Sales Miss Targets
