Hedge fund titan Bill Ackman has made a stunning $64 billion takeover offer for Universal Music Group, the world's largest record label controlling over 30% of global music. The move could reshape the music industry and impact artists like Taylor Swift.
Ford Motor Co. has issued a major recall for more than 400,000 trucks and SUVs, including Expeditions and Navigators, due to windshield wiper arms that can break, posing a crash hazard.
Campbell Wilson steps down as Air India CEO following a deadly 2025 crash and significant financial losses, leaving the airline without leadership during a critical period.
Air India's chief executive Campbell Wilson has resigned following the devastating Ahmedabad crash that killed 260 people and amid severe financial pressures from geopolitical conflicts and safety reprimands.
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Billionaire investor Bill Ackman's Pershing Square has proposed a massive cash and stock takeover of Universal Music Group, valuing the music giant at around £48 billion. The deal would merge UMG with a new blank-cheque company.
US billionaire Bill Ackman's Pershing Square has made a cash and stock offer to acquire Universal Music Group, valuing the music giant at around £48 billion. The deal would merge UMG with a new blank-cheque company.
Gina Maria's Pizza, a beloved Minnesota institution operating for half a century, has abruptly closed all locations and filed for Chapter 7 bankruptcy with $3 million in debts.
A bitter rivalry between 71-year-old twin brothers John Robinson Block and Allan Block has erupted over the future of Block Communications, with threats, lawsuits, and major closures putting the media company's survival in doubt.
Restaurant backer Hero Brands strikes a deal with blow-dry chain Duck & Dry to launch 10 new UK stores, marking its first foray into the beauty industry.
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Pennsylvania-based cookie company Taylor Chip is closing all physical stores after bankruptcy reorganization efforts failed. The founders cited years of financial struggles and a devastating Facebook hack.
The once-celebrated sustainable trainer brand Allbirds has been sold for just $39m after a catastrophic decline from its $4bn peak, highlighting the perils of hype over substance.
SpaceX has submitted preliminary paperwork for a public share offering, potentially the largest ever, which could value the company at $1.5 trillion and make Elon Musk the world's first trillionaire.
Elon Musk's SpaceX has confidentially filed for an IPO that could value the company at up to $2 trillion, potentially making it the largest stock market debut ever. The move involves major Wall Street banks and follows a merger with AI startup xAI.
Fragrance entrepreneur Jo Malone is being sued for over £200,000 by Estee Lauder for allegedly breaching trademark agreements by using her name on Zara perfumes, despite selling her brand in 1999.
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Dallas Mavericks minority owner Mark Cuban admits he regrets selling the team to casino magnates Miriam Adelson and Patrick Dumont for $3.5 billion in 2023, citing mistakes in the process.
Property portal Rightmove is being sued for £1.5bn in damages by estate agents who claim it charges excessive subscription fees, with around 250 businesses supporting the legal action.
EasyGroup has been defeated in a High Court trademark case against two footwear firms using 'easy' in their names, with the judge dismissing claims of consumer confusion.
Estee Lauder Europe files a High Court lawsuit against Jo Malone, seeking over £200,000 in damages for trademark infringement and breach of contract related to her Zara fragrance collaboration.
Fragrance entrepreneur Jo Malone is being sued for over £200,000 by Estee Lauder's parent company for alleged trademark infringement, passing off, and breach of contract.
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Unilever combines its food business with US-based McCormick in a $44.8bn transaction, but shareholders face a messy deal with equity stakes and market skepticism.
A director at CK Infrastructure expresses frustration over being excluded from the rescue process for debt-laden Thames Water, urging regulators to intervene and allow competitive bids.
The Guardian's executive committee is undergoing a significant internal restructuring and strategic review, aimed at enhancing operational efficiency and adapting to digital media challenges.
Unilever agrees to combine its food arm with McCormick in a $44.8bn deal, forming a new company majority-controlled by Unilever, with brands like Marmite and Hellmann's joining McCormick's portfolio.
Uber has acquired Blacklane, a global chauffeur service platform, to accelerate its entry into the premium travel sector with Uber Elite, targeting corporate and luxury riders.
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Spice giant McCormick announces a merger with Unilever's foods division, creating a $29.1 billion entity. The deal brings Marmite and French's mustard under McCormick's leadership.
Unilever merges its food business with US rival McCormick in a £33.8 billion deal, creating a global powerhouse with brands like Hellmann's and Marmite, aiming for growth and cost efficiencies.
Unilever merges its food division with US rival McCormick in a £33.8 billion deal, combining Hellmann's and Marmite with French's mustard to create a global flavour powerhouse.
Spice maker McCormick has announced a combination with Unilever's food division, including brands like Hellmann's and Knorr, creating a new entity under McCormick's name.
Unilever is in advanced talks to merge its food business with US rival McCormick in a deal worth £11.9 billion, while also implementing a temporary hiring freeze amid global economic turbulence.
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Domino's Pizza has named Nicola Frampton as its permanent chief executive, marking a strategic pivot to focus on core pizza offerings while expanding into the chicken market with its Chick 'N' Dip sub-brand.
