See what clicks on FoxBusiness.com of Federal Trade Commission (FTC) announced Tuesday that it will file a lawsuit to block the proposed $4 billion merger between mattress maker Tempur Sealy and retailer Mattress Firm that was announced more than a year ago. The proposed agreement will be seen Tempur Sealy buys mattress firm and more … Read more
UPDATED, 1:30 p.m.: The long-awaited merger of theme park operators Cedar Fair and Six Flags has finally closed, creating what Six Flags called today “the largest and most diversified amusement park operator in North America.” The newly combined behemoth will operate under the Six Flags name and, appropriately, trade under the symbol FUN. The new … Read more
By Tim Hepher, Shivani Tanna and Mike Stone (Reuters) – Boeing agreed to buy back Spirit AeroSystems for $4.7 billion in stock and Airbus moved to take over the supplier’s losing operations focused on Europe, sending shares in the top three companies to a split of rarely transatlantic. The nearly two-decade independence of the world’s … Read more
The electric vehicle (EV) industry hasn’t been particularly kind to investors, especially betting ones Rivian Automotive (NASDAQ: RIVN). Its shares have lost about 90% of their value since going public three years ago amid growing competition and missed production targets. But some recent good news has given the stock a lift. Let’s dig deeper into … Read more
A discovered black hole lurking in the Cosmic Dawn is too big to be easily explained. Sitting at the center of a galaxy called J1120 + 0641, it tips the scales at the mass of a billion Suns. Supermassive black holes exist all around us today. The problem is when of the existence of J1120+0641. … Read more
A financial expert talks about the “serious” consequences of retail credit cards. A federal judge said this on Friday Visa and Mastercard card issuers may resist a “substantially larger” deal with traders who argued they paid more in slippage fees than the proposed $30 billion settlement it rejected last week. U.S. District Judge Margo Brodie … Read more