Alphabet to Buy Intersect for $4.75 Billion as AI-Investment Plans Grow
Google-parent said it would buy Intersect's data-center projects that are in development, plus multiple gigawatts of energy and the Intersect team as part of the deal.
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Larry Ellison Provides Personal Guarantee for Paramount's Bid for Warner
He agreed to personally guarantee $40.4 billion of equity financing for the deal and publish records related to the family trust that backstops it.
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Netflix Prepares $25 Billion in Bank Financing for Warner Deal
The streaming company has entered into a $5 billion senior unsecured revolving credit facility and two senior unsecured delayed-draw term loan facilities totaling $20 billion.
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Mercedes Settles With States Over Alleged Diesel Emissions Cheating
The automaker will pay $150 million to resolve allegations that it misled consumers by describing its cars as "clean" and "green."
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Ralph Lauren Was Always Cool. Now Gen Z Knows Why.
A push for younger customers, a TikTok Christmas trend and a a boost from Taylor Swift helped turn the preppy brand into one of today's most coveted.
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Nelson Peltz's Trian and General Catalyst to Take Janus Henderson Private
Firms will pay $7.4 billion after Trian first took a stake in 2020 and publicized an offer in October.
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CBS News Editor Bari Weiss Defends Decision to Pull '60 Minutes' Segment
Weiss said on the network's editorial call Monday that the story wasn't ready for publication and "we simply need to do more."
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Apple Fined $115 Million in Italy Over App Tracking Policy
The country's competition watchdog said Apple imposes unfair privacy rules on app developers.
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Instacart Scraps All Price Tests After Customer Pushback
Instacart is ending all price tests following customer pushback to a report that the online shopping platform was charging different prices for the same items.
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Harbour Energy Pushes Into U.S. With $3.2 Billion Deal for LLOG Exploration
The expansion into the U.S. is part of the U.K. oil-and-gas producer's strategy to bulk up its operations through dealmaking.
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Cintas Isn't Taking Years of No for an Answer, Makes Fresh Bid for UniFirst
After multiple rejections over the years, Cintas is offering a $350 million payment if the deal is rejected to sweeten the pot.
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Permira-, Warburg-Led Consortium to Acquire Clearwater Analytics in $8.4B Deal
Singapore state-owned investor Temasek is also part of the deal to acquire the fintech software company, while investor group Francisco Partners is supporting the acquisition.
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Coty Names P&G Veteran as Interim CEO Amid Beauty Shake-Up
Cosmetics giant Coty appointed Markus Strobel as interim chief executive and board chair, effective Jan. 1.
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One of Elon Musk's Old Enemies Joins the Race to Run GM
Robotics guru Sterling Anderson is now one of General Motors' top executives-and shaking up the ranks.
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What Does Lululemon Need: Discipline or Inspiration?
A turnaround at the athletic apparel company will take more than just management chops.
(END) Dow Jones Newswires
December 22, 2025 13:00 ET (18:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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