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Marvell stock pops 11% as Nvidia takes $2 billion stake, continuing run of similar bets
Marvell stock pops 11% as Nvidia takes $2 billion stake, continuing run of similar bets
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BusinessCredit card APRs have an 'economically meaningful' impact on consumer spending, Boston Fed finds
When credit card rates go up, borrowers spend less on plastic, according to a research paper by the Federal Reserve Bank of Boston.
BusinessMcCormick buys Unilever's food business in deal that values it at nearly $45 billion
McCormick will pay a combination of cash and equity to expand further into condiments and spreads.
- Business
Biogen will acquire a drug company for $5.6 billion to expand work in kidney diseases
Biogen, already developing a drug that can be used to treat several kidney disorders, is paying a large premium for Apellis Pharmaceuticals
BusinessOpendoor acquires Doma's closing and escrow business in bid to lower mortgage refinance costs
Doma's technology has been used in a Fannie Mae pilot program designed to reduce title insurance costs on eligible refinance transactions. Doma's technology has been used in a Fannie Mae pilot program designed to reduce …
BusinessHuawei's cloud computing revenue dropped in 2025 as Chinese AI lagged U.S. rivals
When including internal customers, the telecommunications giant said cloud computing revenue grew from a year ago. When including internal customers, the telecommunications giant said cloud computing revenue grew from a …
BusinessLow-income households to get help with surging fuel prices
One woman says heating oil prices have more than doubled when families are already struggling. One woman says heating oil prices have more than doubled when families are already struggling.
- Business
McCormick looks to merge with Unilever’s food business, but there’s no mention in earnings report
McCormick’s stock surges amid talks to combine with Unilever’s foods business, but there’s no mention of the deal in the earnings report. McCormick’s stock surges amid talks to combine with Unilever’s foods business, but…
BusinessWarren Buffett teams up with NBA superstar Stephen Curry for charity lunch, reviving iconic auction
The winning bidder — along with up to seven guests — will join Buffett and the Currys for an exclusive lunch in Omaha, Nebraska. The winning bidder — along with up to seven guests — will join Buffett and the Currys for a…
BusinessTrump lashes out at UK and France, telling allies 'the U.S.A won't be there to help you anymore'
Trump lashes out at UK and France, telling allies 'the U.S.A won't be there to help you anymore'
- Business
Low transparency in the private-credit market may be concealing big problems
Several factors are conspiring to drive interest rate structurally higher, to the detriment of private credit. Several factors are conspiring to drive interest rate structurally higher, to the detriment of private credit…
BusinessNovo Nordisk launches multi-month subscriptions for Wegovy obesity drugs as it tries to catch up with Eli Lilly
Longer subscriptions offer lower monthly pricing, with people expected to save up to $1,200 a year on the injection and as much as $600 a year on the pill. Longer subscriptions offer lower monthly pricing, with people ex…
