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Exclusive: Activist Irenic builds stake in Workiva, pushes for board seats
Reuters· 2025-09-29 14:03
Irenic Capital Management built a sizable stake in Workiva , arguing the financial reporting software maker needs to improve its operating efficiency, refresh its board and consider a potential sale. ...
AbbVie to launch ovarian cancer drug in UK at the same list price as US
Reuters· 2025-09-29 13:11
AbbVie said on Monday it would launch its ovarian cancer drug Elahere in the U.K. at a list price equal to that in the U.S. ...
Amazon-backed aerospace startup Beta Technologies files for US IPO
Reuters· 2025-09-29 12:59
Aerospace startup Beta Technologies filed for an initial public offering in the United States on Monday, the latest company to join the rush to tap a record-breaking bull run in the equity market. ...
Stellantis has cut 10,000 Italy jobs in four years, union reports
Reuters· 2025-09-29 12:49
Stellantis has slashed nearly 10,000 jobs in Italy in the past four years, while vehicle production, including vans and small trucks, more than halved since 2004, the Fiom-Cgil union reported on Monda... ...
Comcast names Michael Cavanagh as co-CEO
Reuters· 2025-09-29 12:36
Comcast on Monday named Michael Cavanagh as co-chief executive officer of the company, effective January. ...
WRAPUP BP and Total deepen commitments to US with major projects
Reuters· 2025-09-29 12:29
European oil and gas majors BP and TotalEnergies on Monday deepened their commitments to the United States, with BP approving a $5 billion offshore oil field and TotalEnergies buying into an onshore g... ...
Former Energy Secretary Rick Perry's Fermi aims to raise $715 million in US IPO
Reuters· 2025-09-29 12:13
Fermi is aiming to raise $715 million in its upsized U.S. initial public offering, the data center real estate investment trust said on Monday, as it aims to leverage burgeoning demand for energy infr... ...
Electronic Arts to go private in $55 billion deal with PIF, Silver Lake
Reuters· 2025-09-29 12:06
Videogame publisher Electronic Arts said on Monday it has agreed to be taken private by a consortium consisting of private equity firm Silver Lake, Saudi Arabia's Public Investment Fund and Affinity P... ...
Morning Bid: Shutdown showdown
Reuters· 2025-09-29 10:48
What matters in U.S. and global markets today ...
Ares Management to acquire Meade Pipeline for $1.1 billion
Reuters· 2025-09-29 10:42
Ares Management said on Monday that it had acquired 100% equity interest in Meade Pipeline for about $1.1 billion. ...