Stay updated with the latest business news, market trends, expert insights, and industry updates to help you stay ahead in the competitive world of business.
Billionaire investor Bill Ackman's Pershing Square makes revised bid to buy 10 million shares of Howard Hughes Holdings (HHH) at $90 each. As part of the deal, Ackman would become chairman and CEO of the real estate developer.
Published on: February 19, 2025, 02:03 PM UTC
Bausch & Lomb CEO Brent Saunders has ruled out a sale of the contact lens maker in 2025, despite exploring a deal earlier this year.
Published on: February 19, 2025, 02:01 PM UTC
Electric vehicle maker Nikola Corp. files for bankruptcy, listing assets between $500 million and $1 billion and liabilities between $1 billion and $10 billion.
Published on: February 19, 2025, 02:01 PM UTC
Elon Musk's Twitter history reveals a conspicuous absence of comments on President Trump's tariff plans, despite his frequent posting on other topics. Experts weigh in on the potential reasons for Musk's silence and its implications for his business interests and relationship with Trump.
Published on: February 19, 2025, 02:00 PM UTC
Mastercard's £200m settlement of UK consumer lawsuit faces criticism, raising concerns for class action funders
Published on: February 19, 2025, 02:00 PM UTC
US single-family homebuilding plunged 8.4% in January due to severe weather and rising costs stemming from tariffs and high mortgage rates
Published on: February 19, 2025, 02:00 PM UTC
Bausch + Lomb CEO Brent Saunders says a deal for the company is unlikely in 2025 due to their ambitious plans for the future. Despite exploring going private, no agreement was reached. Bausch + Lomb's recent growth in contact lenses and dry eye relief products suggests a higher valuation may be possible later this year.
Published on: February 19, 2025, 02:00 PM UTC
Trimble Navigation Ltd. (TRMB) reported fourth-quarter profit of $90.2 million, beating Street forecasts. For the year, the company reported profit of $1.5 billion, or $6.09 per share.
Published on: February 19, 2025, 01:08 PM UTC
Charles River Laboratories posts a Q4 loss of $215.7 million, topping expectations with adjusted earnings of $2.66 per share and revenue of $1 billion.
Published on: February 19, 2025, 01:07 PM UTC
Manchester United posts a second-quarter loss as revenue falls short of expectations.
Published on: February 19, 2025, 01:07 PM UTC