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Keurig Dr Pepper to buy Dutch coffee company JDE Peet’s in  billion deal; KDP stock falls 8%

Keurig Dr Pepper to buy Dutch coffee company JDE Peet’s in $18 billion deal; KDP stock falls 8%

Keurig Dr Pepper will acquire Dutch coffee and tea company JDE Peet’s in a roughly $18 billion deal that could give a boost to the U.S. giant’s struggling coffee business, the two companies said Monday. Shares of Keurig Dr Pepper fell roughly 8% in early trading, while the stock of JDE Peet’s closed up 15%

Keurig Dr Pepper to buy Dutch coffee company JDE Peet’s in $18 billion deal; KDP stock falls 8% Read More »

Kevin O’Leary says he bought Bryant-Jordan card for record-breaking  million at auction

Kevin O’Leary says he bought Bryant-Jordan card for record-breaking $13 million at auction

Canadian investor Kevin O’Leary revealed on CNBC Monday that he was one of three buyers to snap up the record-breaking Kobe Bryant and Michael Jordan sports card at auction over the weekend. The card, a signed collectible featuring both NBA legends, sold for nearly $13 million, surpassing the previous record for the most-expensive trading card

Kevin O’Leary says he bought Bryant-Jordan card for record-breaking $13 million at auction Read More »

Eli Lilly’s obesity pill remains a viable rival to Novo’s oral Wegovy despite data that underwhelmed investors

Eli Lilly’s obesity pill remains a viable rival to Novo’s oral Wegovy despite data that underwhelmed investors

A sign with the company logo sits outside of the headquarters of Eli Lilly in Indianapolis, Indiana, on March 17, 2024. Scott Olson | Getty Images Eli Lilly‘s stock is still recovering after the drugmaker released trial data earlier this month on its closely watched obesity pill that underwhelmed Wall Street. In a key late-stage trial,

Eli Lilly’s obesity pill remains a viable rival to Novo’s oral Wegovy despite data that underwhelmed investors Read More »

Spirit Airlines is on shakier ground after avoiding hard decisions in bankruptcy

Spirit Airlines is on shakier ground after avoiding hard decisions in bankruptcy

A Spirit Airlines plane takes off from Oakland International Airport on May 06, 2024 in Oakland, California. Brandon Bell | Getty Images In March, Spirit Airlines came out of bankruptcy protection in less than four months and entered a worsening landscape. Consumers were holding off booking flights and U.S. planes were awash in empty seats.

Spirit Airlines is on shakier ground after avoiding hard decisions in bankruptcy Read More »

Canada drops many of its retaliatory tariffs on the U.S.

Canada drops many of its retaliatory tariffs on the U.S.

Canada’s Prime Minister Mark Carney speaks at a press conference about recognizing Palestinian statehood, in Ottawa, Ontario, Canada, July 30, 2025. Patrick Doyle | Reuters Canada removed many of its retaliatory tariffs on the U.S. on Friday, marking a significant step forward in the two countries’ relationship. Canada in March imposed counter-tariffs of 25% on

Canada drops many of its retaliatory tariffs on the U.S. Read More »

Tariffs aren’t dealing a huge blow to big retailers and consumers — yet. Here are key earnings takeaways

Tariffs aren’t dealing a huge blow to big retailers and consumers — yet. Here are key earnings takeaways

Customer with shopping cart in the snack aisle of a Walmart store in Florida City, Florida in the on August 5, 2025. JC Milhet | AFP | Getty Images As some of the biggest names in retail, including Walmart and Home Depot, delivered earnings results in recent weeks, they updated Wall Street on how they

Tariffs aren’t dealing a huge blow to big retailers and consumers — yet. Here are key earnings takeaways Read More »

Beekeeping, boxing and budgets: Meet the finance chief who’s about to lead WBD’s networks offshoot

Beekeeping, boxing and budgets: Meet the finance chief who’s about to lead WBD’s networks offshoot

Warner Bros. Discovery Chief Financial Officer Gunnar Wiedenfels walks to a session at the Allen & Company Sun Valley Conference on July 9, 2025 in Sun Valley, Idaho. Kevin Dietsch | Getty Images By day, Gunnar Wiedenfels is the chief financial officer of Warner Bros. Discovery and the CEO-elect of Discovery Global, one half of

Beekeeping, boxing and budgets: Meet the finance chief who’s about to lead WBD’s networks offshoot Read More »

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