business
BBVA to Launch $4.6 Billion Buyback After Failed Takeover Bid for Sabadell
Stock repurchases of up to $1.76 billion will start on Monday, to be completed no later than April 7. Source link
Axel Springer’s CEO Wants His Latest Deal—but Can’t Find Anything to Buy
Mathias Döpfner says “embrace AI or die” as he looks to bolster his U.S. media holdings. Source link
Wells Fargo’s Investment Bankers Are Having Their Best Year Ever
A push to hire top talent is landing the bank work on big deals—including Netflix’s Warner Bros. bid. Source link
How Trump Spun a Social Network Into a Nuclear-Fusion Company
A media company backed by the president’s family is now venturing into electrical plants for artificial intelligence. Source link
Sony Group to Acquire WildBrain’s 41% Stake in Peanuts for $457 Million
The Japanese conglomerate said two of its subsidiaries, Sony Music Entertainment (Japan) and Sony Pictures Entertainment, will acquire the stake for $457.2 million. Source link
Nike Sales Tick Up in Second Quarter; China Weakness Persists
Nike made some progress with its turnaround plan in the fiscal second quarter, but expects to return to a sales decline in the current quarter, as weakness in China continues. Source link
Why Fusion Is Considered Energy’s Elusive Holy Grail
President Trump’s media company is betting a breakthrough is imminent. Source link
Opinion | How Lina Khan Killed iRobot
She blocked Amazon’s takeover, and now the Chinese will own it. Source link
FedEx Reports Higher Second-Quarter Revenue as Package Volumes Rise
The results prompted the shipping company to raise the bottom end of its outlook for the full year, even as it navigates impacts from changes in global trade. Source link
Opinion | Donald Trump Is a Borax Man
He is a slick salesman with big claims and few deliverables. Source link