business
Goldman Sachs Profit Rises on Jump in Dealmaking
The bank reported record annual revenue in its core Wall Street engine of investment banking and trading. Source link
Spotify Increases Price of Premium Subscriptions
The price of a premium subscription in the U.S. will rise to $12.99 a month from $11.99. Source link
Maersk to Resume Sailing Through Red Sea
Maersk will resume sailing through the Red Sea and Suez Canal following improved stability in the area, but said it will continue to monitor the security situation closely. Source link
Boston Scientific to Buy Penumbra for $15 Billion in Cash, Stock
Boston Scientific has agreed to buy thrombectomy company Penumbra for about $15 billion in cash and stock in a deal that bolsters its cardiovascular portfolio. Source link
BlackRock’s Profit Fell, Assets Hit Record $14 Trillion, in Fourth Quarter
The world’s largest money manager posted net income of $1.13 billion, down 33% from a year earlier. Source link
Humble Hershey’s Gets a Marketing Makeover
Chocolate brand will increase advertising spending and embrace TikTok influencers. Source link
Auto & Transport Roundup: Market Talk
Find insight on Rivian Automotive, WeRide, Volvo and more in the latest Market Talks covering Auto and Transport. Source link
Amazon Is Buying America’s First New Copper Output in More Than a Decade
The copper, which is being produced in Arizona by Rio Tinto with bacteria and acid, will be used for data-center construction. Source link
Two Fitness Companies Are Merging With Jared Kushner’s Backing
The parent company of ClassPass is combining with fitness-tech maker EGYM to capitalize on AI in the industry. Source link
European Gas Price Rises on Supply-Disruption Fears, Stronger Asia Demand
European natural-gas prices rose as unrest in Iran raises concerns about potential disruptions to global markets, despite easing fears of imminent U.S. action against Tehran. Source link