Warner Preparing to Tell Shareholders to Reject Paramount Offer
Warner Bros. Discovery plans to recommend existing Netflix deal as soon as Wednesday.
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Pepsi Worked to Keep Prices Higher at Retailers to Protect Walmart, FTC Found
The allegations were made in an FTC lawsuit, dropped in May by the Trump administration, that was recently unsealed.
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Pfizer Expects Decline in Covid-19 Drug Demand to Hurt 2026 Earnings
Pfizer projected 2026 adjusted earnings per share of $2.80 to $3, below analysts' expectations of $3.05.
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Ben & Jerry's Co-founder Says New Owner Aims to Dismantle Social Mission
Three boards members, including the chair, will be term limited under new rules imposed by Magnum Ice Cream.
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Freddie Mac Names Kenny M. Smith as Next Chief Executive
Smith is expected to start the role on Wednesday and would also serve as a board member, the government-backed mortgage provider said.
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Europe Reverses Course on Combustion-Engine Ban
The EU has proposed watering down rules that were aimed at spurring adoption of EVs amid pressure from automakers.
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DAZN in Advanced Talks for Stake in Broadcaster Main Street Sports
The British sports streaming company, eyeing U.S. growth, would take a majority stake in the broadcast partner for big league teams.
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Kraft Heinz Picks New CEO Ahead of Split
Steve Cahillane is set to take over. Carlos Abrams-Rivera, who became the company's leader in 2024, will step down in January.
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Breach at South Korea's Equivalent of Amazon Exposed Data of Almost Every Adult
Tens of millions of names, phone numbers and other sensitive information were leaked in a breach that went undetected for months.
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CoreWeave's Staggering Fall From Market Grace Highlights AI Bubble Fears
The data-center provider's terrible six-week slide picked up speed when a famous short seller piled concerns on top of delays.
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Kering Gets $690 Million for Stake in Fifth Avenue Property
Kering said the deal is part of a real-estate strategy that aims to secure retail locations for its brands, while enhancing financial flexibility.
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Trump Sues BBC for $10 Billion Over Documentary Editing
The suit was filed in federal court in Florida.
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Holcim to Buy Peruvian Building-Materials Producer Cementos Pacasmayo
Holcim said it will buy a majority stake in the company in a deal that values the target as a whole at $1.5 billion.
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Teck Resources, Anglo American Receive Canadian Approval for Merger
The mining giants received approval from the Canadian government for a deal to create one of the world's largest copper producers.
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Comcast Spinoff Versant Debuts at Modest Valuation, a Signal for a Warner Bros. Sale
Early trading suggests the cable-network spinoff is being valued conservatively, a signal that could matter in the Warner Bros. Discovery takeover battle.
(END) Dow Jones Newswires
December 16, 2025 17:00 ET (22:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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