Business - Page 3

The latest updates and key developments from the business world.

December 10, 2025

Southwest explores launching its own lounge network

A push to capture premium travelers Southwest Airlines is weighing a major shift in its customer experience strategy: building a network of airport lounges. CEO Bob Jordan said in an interview that

December 9, 2025

Eli Lilly plans $6 billion plant in Alabama

New facility expands U.S. manufacturing footprint Eli Lilly announced Tuesday that it will invest $6 billion in a new manufacturing complex in Huntsville, Alabama, aimed at significantly increasing production of its experimental

December 5, 2025

Netflix to acquire Warner Bros Discovery for $72 billion

Streaming giant makes bold move into Hollywood’s studio elite Netflix has agreed to buy Warner Bros Discovery for $72 billion, gaining control of some of Hollywood’s most iconic film and TV franchises.

Pfizer to Buy Metsera in $7.3B Obesity Drug Push

by Jamie Spencer

Deal signals major move into booming weight loss market Pfizer announced Monday that it will acquire obesity drugmaker Metsera in a deal worth up to $7.3 billion, marking a significant move to

September 22, 2025

NBH to Acquire Vista Bank in $369M Deal

by Jamie Spencer

Acquisition expands NBH’s Texas presence and assets National Bank Holdings (NBH), based in Denver, announced it will acquire Dallas-based Vista Bancshares in a stock-and-cash transaction valued at $369.1 million. The deal includes

September 16, 2025

UBS Considers U.S. Move Amid Swiss Capital Rules

by Jamie Spencer

Stricter regulations push global bank to rethink its base Swiss banking giant UBS is reportedly exploring a potential relocation to the United States in response to proposed regulatory changes from the Swiss

September 15, 2025

SpaceX to Buy EchoStar Spectrum in $17B Starlink Deal

by Jamie Spencer

Massive acquisition to boost satellite 5G network SpaceX announced Monday it will acquire wireless spectrum licenses from EchoStar for approximately $17 billion, marking a critical move to scale its Starlink satellite network

September 8, 2025

BBVA Pushes Ahead With $17.4B Sabadell Takeover

by Jamie Spencer

Regulatory approval clears path for shareholder offer BBVA has received final regulatory clearance for its €17.4 billion bid to acquire Banco de Sabadell, marking the last major step before opening the offer

September 5, 2025

Visa ends U.S. open-banking unit amid rising tensions

by Jamie Spencer

Fintech access to bank data faces mounting challenges Visa has shut down its open-banking operations in the United States, a move signaling the growing divide between traditional banks and fintech firms. The

August 22, 2025

Hertz to sell used cars through Amazon Autos

by Jamie Spencer

Strategic move to expand retail operations Hertz announced Wednesday a new partnership with Amazon Autos, allowing the car rental company to sell preowned vehicles directly through Amazon’s platform. This initiative aims to

August 20, 2025

U.S. may take stake in Intel to boost chip production

by Jamie Spencer

Talks with Trump administration lift shares Intel’s shares rose 7% on Thursday after Bloomberg reported that the Trump administration is in discussions to acquire a stake in the company. The move would

August 14, 2025

Kodak Warns of Uncertain Future After 133 Years

by Jamie Spencer

Company issues going concern warning Eastman Kodak has raised alarm over its financial stability, cautioning that it may struggle to continue operating without a viable plan to meet upcoming debt obligations. In

August 12, 2025

Ford bets $2B on Kentucky plant for new EV era

by Jamie Spencer

From gas heritage to electric future Ford Motor Company is committing nearly $2 billion to transform its Louisville Assembly Plant in Kentucky into a hub for electric vehicle production. After seven decades

August 11, 2025

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