business
German Shipbuilder TKMS Reports Rise in Sales, Earnings Fueled by Europe’s Defense Spending
TKMS said its sales and earnings grew in fiscal 2025, as Europe ramps up procurement of submarines and warships. Source link
Kloeckner & Co in Takeover Talks With Worthington Steel
The German metals company is in talks with Worthington Steel though it remains unclear if an offer will be made. Source link
IBM Nears Roughly $11 Billion Deal for Confluent
A deal for the data-infrastructure company could come as soon as Monday. Source link
What Netflix Gains From Buying Warner Bros.
The combination puts the studios behind ‘Casablanca’ and ‘The White Lotus’ together with a streaming giant that is jumping into live events and gaming. Source link
Millions of Defective Air Bags Have Been Recalled—but They’re Still Not Fixed
Many car owners don’t complete repairs, which can be deadly, even though automakers say they issue multiple notices. Source link
Trump Tasks Top Advisers With Finding Way to Lower Soaring Beef Prices
The Trump administration is prodding ranchers and meatpackers to do something about soaring beef prices, while looking at increasing imports from Mexico and South America. Source link
Sephora Is the Biggest Name in Beauty. Can It Hold the Crown?
In the $450 billion global beauty market, there is no business with as much cultural impact as the LVMH-owned retailer. Executives have a plan to make sure it stays on top. Source link
Trump Says Netflix-Warner Deal ‘Could be a Problem’
The president adds, “I’ll be involved in the decision” on the $72 billion agreement. Source link
Brookfield, GIC Agree $4.5 Billion Deal for Australia’s National Storage
The consortium entered into a takeover agreement for the largest self-storage provider in Australia and New Zealand after almost two weeks of exclusive due diligence. Source link
Ad Spend to Grow More Than Expected in 2025 as Tariffs Sting Less and AI Gives a Leg Up
A new report from WPP Media says global ad revenue will reach $1.14 trillion this year. Source link