Vista Outdoor strikes deal to sell itself in parts to two buyers for $3.4 billion
Vista Outdoor on Friday agreed to sell itself in parts to two separate buyers for a total of $3.35 billion, including debt, after fending off a hostile suitor that pursued the sporting goods and ammunitions maker for months. Vista struck a deal to sell its…
Israel targets Hezbollah intelligence headquarters in Lebanon; Iran says it will not back down
Israel said it had targeted the intelligence headquarters of Hezbollah in Beirut and was assessing the damage on Friday after a series of strikes on senior figures in the group that Iran’s Supreme Leader dismissed…
Ben Horowitz says he plans to donate to VP Kamala Harris’ campaign
Ben Horowitz (right), Andreessen Horowitz partner talks about artificial intelligence and jobs at the TANIUM CONVERGE16 conference San Francisco. Harriet Taylor | CNBC Less than three months after announcing plans…
CPI data and Delta, Domino’s earnings
CNBC’s Jim Cramer reviewed next week’s top market-moving action, highlighting new consumer price index data and a slew of earnings reports as the season begins, including ones from Delta, Domino’s…
Rio Tinto in talks to buy lithium miner Arcadium, sources tell Reuters
Jakob Stausholm, chief executive officer of Rio Tinto Ltd., during a Bloomberg Television interview in New York, US, on Thursday, Sept. 26, 2024. Victor J. Blue | Bloomberg | Getty…
Elon Musk conspiracies about Helene aid draw rebuke from Buttigieg
Transportation Secretary Pete Buttigieg spoke directly to Elon Musk Friday on the billionaire’s X platform, part of an effort to counter false conspiracies about federal disaster aid for victims of…
Las Vegas Sands is among the most overbought names on Wall Street
Stocks that rode the China stimulus wave higher this week could soon be due for a decline. Last week, the People’s Bank of China unveiled a slate of support measures…
Biden discourages Israel from hitting Iran’s oil
U.S. crude oil on Friday posted its biggest weekly gain in more than a year, as traders fear Israel could strike Iran’s crude facilities in retaliation for Tehran’s ballistic missile…
Jamie Dimon denies Trump endorsement claim
Former President Donald Trump (L) and JP Morgan CEO Jamie Dimon. Reuters JPMorgan Chase on Friday flatly denied that its CEO, Jamie Dimon, has endorsed Donald Trump for president, minutes…
Stellantis files federal lawsuit against UAW union over strike threats
Carlos Tavares, chief executive officer of Stellantis NV, speaks to the media at the Stellantis auto manufacturing plant in Sochaux, France, on Thursday, Oct. 3, 2024. Nathan Laine | Bloomberg…