Pershing Square launches $64 billion bid to take over Universal Music Group
Activist hedge fund Pershing Square offers a cash-and-shares deal valuing Universal Music Group 78% above market price to merge and list on the NYSE
Category
Business
Business covers markets, the economy, companies, finance, and major commercial developments shaping the United States and the global economy. Follow the latest business headlines and financial news.
Ford recalls 422,613 vehicles over windshield wiper failure risk
Ford is recalling certain Lincoln, Expedition, and F-Series models from 2021-2023 due to windshield wiper defects that may reduce driver visibility and increase crash…
Tax Deadline Nears as Financial Literacy Remains Low Among Americans
With the tax filing deadline approaching, many Americans face challenges due to low financial literacy, prompting experts to share practical tips for taxpayers
Oil Prices Rise and Stocks Fall Ahead of Trump’s Deadline for Iran
Oil prices increased and U.S. stock indexes declined as President Trump set an 8 p.m. deadline for Iran to reopen the Strait of Hormuz,…
Iran Conflict Will Continue to Disrupt Oil Flows Even If Strait of Hormuz Reopens Soon
Analysis shows oil shipments and infrastructure in the Persian Gulf will remain constrained for months despite a possible ceasefire and reopening of the Strait…
Upper Middle Class Now Largest Income Group in the U.S., Study Finds
Research shows 31% of U.S. households belong to the upper middle class, reflecting significant income growth and economic shifts since 1979
Abbvie and Genentech join TrumpRx to offer discounted prescription drugs
Abbvie and Genentech become the 10th and 11th pharmaceutical companies to provide discounted medications through the White House’s TrumpRx prescription program
Major Retailers and Restaurants Adjust Hours for Easter Sunday 2026
Several top stores and food chains will close or reduce hours on Easter Sunday, April 5, 2026, requiring shoppers to plan ahead
Granitestone Sauté Pans Sold at Costco Recalled over Handle Caps Ejecting When Heated
Nearly 740,000 Granitestone Diamond Pro Blue Stainless sauté pans sold at major retailers were recalled after reports of metal handle caps ejecting during use,…
3.1 Million Bottles of Eye Drops Sold at Walgreens, CVS Recalled Over Sterility Concerns
The FDA has recalled over 3 million bottles of eye drops from multiple brands sold at major U.S. retailers due to potential sterility issues