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More on the Business desk

• Business Sep 1, 2026 Santander Closes $12.2 Billion Webster Bank Deal, Enters U.S. Top-Ten The Spanish banking group completed its purchase of Webster Financial on August 20, clearing three regulators in eight weeks and vaulting itself into the top tier of U.S. commercial banking by assets.
  By Sasha Park, Correspondent
• Business Aug 29, 2026 Nvidia Posts $96 Billion Quarter, Guides to $108 Billion on Accelerating AI Demand The chipmaker's fiscal Q2 data center revenue surged 117% year over year, topping every analyst estimate, while third-quarter guidance landed well above consensus and a new AWS deal adds multi-year supply visibility.
  By Sasha Park, Correspondent
• Business Aug 26, 2026 Virginia Governor Intervenes in NextEra's $67B Dominion Takeover Gov. Abigail Spanberger filed to become a party in the State Corporation Commission review, the first Virginia governor ever to intervene in an SCC proceeding, adding regulatory friction to what would be the largest utility merger in U.S. history.
  By Sasha Park, Correspondent
• Business Aug 25, 2026 Alibaba Sells $10.2 Billion in New Hong Kong Shares to Fund AI Buildout The placement, priced at a 3.6% discount and barred to U.S. investors, sent Hong Kong-listed shares down as much as 10%, days after Alibaba reported a 75% profit drop tied to heavy AI spending.
  By Sasha Park, Correspondent
• Business Aug 24, 2026 Citadel Sheds 80% of Situational Awareness Portfolio Through $4 Billion in Block Trades Ken Griffin disclosed in a Friday investor letter that Citadel executed more than 100 block trades to unwind most of the distressed AI fund's public equity book it purchased at a discount last month.
  By Sasha Park, Correspondent
• Business Aug 23, 2026 AstraZeneca Holds Merger Talks With Bristol Myers Squibb on $400 Billion Deal The Financial Times reported the two drugmakers have been in discussions for months, a combination that would rank among the largest corporate tie-ups in history and invite scrutiny from regulators on both sides of the Atlantic.
  By Sasha Park, Correspondent
• Business Aug 21, 2026 Santander Closes $12.3B Webster Acquisition, Vaults Into U.S. Top Ten The Federal Reserve's August 4 sign-off cleared the last regulatory hurdle for Spain's Banco Santander to absorb Webster Financial, reshaping the Northeast retail-banking map.
  By Sasha Park, Correspondent
• Business Aug 19, 2026 NextEra-Dominion Merger Enters Regulatory Gauntlet With Five Simultaneous Filings The $67 billion all-stock deal to create the world's largest regulated electric utility now faces state and federal reviews that both companies say will take roughly a year to clear.
  By Sasha Park, Correspondent
• Business Aug 18, 2026 Virginia Governor Intervenes in NextEra's $67B Dominion Takeover Gov. Abigail Spanberger became the first Virginia governor to formally join a State Corporation Commission case, demanding more detail on bill affordability, jobs and clean-energy commitments before the deal can close.
  By Sasha Park, Correspondent
• Business Aug 15, 2026 Virginia Governor Intervenes in NextEra's $67B Dominion Takeover Gov. Abigail Spanberger formally joined the state regulatory review as an intervenor on Aug. 6, becoming the first Virginia governor to take that step and adding political friction to a deal already under scrutiny from a U.S. senator.
  By Sasha Park, Correspondent
• Business Aug 13, 2026 Nielsen Buys DoubleVerify for $2.15 Billion in All-Cash Deal The privately held ratings giant takes DoubleVerify off the public markets at $13.60 a share, betting the ad-verification software fills a gap in its streaming measurement push.
  By Sasha Park, Correspondent
• Business Aug 11, 2026 Virginia Governor Intervenes in NextEra's $67 Billion Dominion Acquisition Gov. Abigail Spanberger became the first Virginia governor to formally seek intervenor status before the State Corporation Commission, pressing for affordability and job commitments before the deal can close.
  By Sasha Park, Correspondent
• Business Aug 10, 2026 Salesforce Loses Engineering Chief, Promotes Milano to COO as Stock Slides 19% Over Past Year Srini Tallapragada stepped down as President and Chief Engineering Officer on August 6, the same day Salesforce named revenue chief Miguel Milano its new operating head, sending shares down more than 4% on the news.
  By Sasha Park, Correspondent
• Business Aug 9, 2026 Zillow Cuts 500 Jobs as Wall Street Abandons Its Growth Story Two firms slashed price targets by half or more after Zillow's Q2 earnings showed an 18% revenue beat alongside a soft second-half outlook and a risky monetization pivot.
  By Sasha Park, Correspondent
• Business Aug 7, 2026 Saudi PIF Closes $55 Billion EA Buyout, the Largest LBO in History Electronic Arts delisted from Nasdaq on August 4 after a consortium led by Saudi Arabia's sovereign wealth fund completed the all-cash take-private, saddling the company with $20 billion in debt.
  By Sasha Park, Correspondent
• Business Aug 6, 2026 Shopify Q2 Revenue Jumps 34%, Blowing Past Wall Street Estimates The e-commerce platform posted $3.58 billion in second-quarter revenue and $115.6 billion in gross merchandise volume, sending shares up more than 25% on the day.
  By Sasha Park, Correspondent
• Business Aug 5, 2026 Palantir Blows Past Estimates With 93% Revenue Jump, Lifts Full-Year Guidance The AI software company reported Q2 revenue of $1.94 billion and raised its full-year revenue forecast to $8.15 billion, nearly $500 million above its prior guidance range.
  By Sasha Park, Correspondent
• Business Aug 3, 2026 Charter Targets August Close on $34.5B Cox Deal as California Vote Looms CEO Chris Winfrey told analysts Charter is ready to shut the Cox acquisition in mid-to-late August, with a California utility commission vote on Aug. 13 the last gate before a Sept. 15 federal clearance deadline expires.
  By Sasha Park, Correspondent
• Business Aug 2, 2026 S&P Global Beats on Revenue but Misses EPS as Mobility Spinoff Reshapes the Business The data and ratings company posted Q2 revenue of $4.15 billion, up 11%, but adjusted EPS of $4.08 fell well short of Wall Street's $4.75 target, sending shares down more than 5% in premarket trading.
  By Sasha Park, Correspondent
• Business Jul 31, 2026 Barclays Lifts 2026 Income Target After Investment Bank Posts Record Quarter The U.K. lender raised its full-year income target to £31.5 billion and announced a £1 billion buyback, but shares fell after reported EPS missed analyst estimates.
  By Sasha Park, Correspondent
• Business Jul 27, 2026 Alphabet Q2 Revenue Beats at $119.8B, but Raised CapEx Guidance Sinks Stock Google Cloud grew 82% year over year to $24.8 billion, yet shares fell nearly 5% after hours as Alphabet lifted its 2026 capital expenditure forecast to as much as $205 billion.
  By Sasha Park, Correspondent
• Business Jul 24, 2026 Super Micro Discloses $60 Billion in Quarterly Orders, Nearly Doubles Margin Outlook The server maker's preliminary Q4 filing shows a record backlog and gross margins of 15–17%, roughly double prior guidance, though revenue is expected near the low end of its range.
  By Sasha Park, Correspondent
• Business Jul 21, 2026 MasTec Closes $1.65 Billion Buy of Superior Group to Chase Grid-Buildout Work The Coral Gables infrastructure contractor paid roughly $1.18 billion in cash and $475 million in stock to absorb one of the country's largest electrical contractors, betting on sustained federal infrastructure demand.
  By Sasha Park, Correspondent
• Business Jul 20, 2026 Kroger Buys Giant Eagle for $1.65 Billion in First Deal Under New CEO The acquisition of the family-owned regional grocer marks Kroger's return to M&A two years after its $25 billion Albertsons merger collapsed under regulatory pressure.
  By Sasha Park, Correspondent
• Business Jul 18, 2026 Goldman Posts Best Quarter in 157 Years as SpaceX IPO Fees and Record Equities Trading Blow Past Forecasts Goldman Sachs earned $20.98 per share in Q2 2026, nearly doubling year-over-year, while JPMorgan logged the highest quarterly profit in U.S. banking history, both fueled by SpaceX underwriting fees and a historic surge in equity trading.
  By Sasha Park, Correspondent
• Business Jul 16, 2026 NextEra and Dominion File for Regulatory Approval of $67 Billion Utility Merger The companies filed with FERC, the NRC, and three state commissions on July 15, kicking off a review that analysts say is the most consequential utility deal in U.S. history.
  By Sasha Park, Correspondent
• Business Jul 14, 2026 Kroger Agrees to Acquire Giant Eagle for $1.65 Billion, Betting on Midwest Expansion The deal, Kroger's first major acquisition since the failed Albertsons merger, pairs $1.25 billion in cash with roughly $400 million in assumed liabilities and still needs antitrust clearance.
  By Sasha Park, Correspondent
• Business Jul 12, 2026 Kroger Agrees to Buy Giant Eagle for $1.65 Billion The Cincinnati grocer's first big deal under new CEO Greg Foran adds 197 stores and $9 billion in annual sales, but federal antitrust scrutiny looms after the Albertsons collapse.
  By Sasha Park, Correspondent
• Business Jul 11, 2026 Kroger Agrees to Buy Giant Eagle for $1.65 Billion The deal, Kroger's first major acquisition since its blocked Albertsons merger, adds 197 supermarkets and $9 billion in annual sales but faces antitrust scrutiny and an expected 2027 close.
  By Sasha Park, Correspondent
• Business Jul 10, 2026 Kroger Buys Giant Eagle for $1.65 Billion in First Major Deal Since Failed Albertsons Merger The grocer agreed to acquire the Pittsburgh-based regional chain, adding 197 stores across five states and roughly $9 billion in annual sales to its network.
  By Sasha Park, Correspondent
• Business Jul 8, 2026 Senator Asks FERC to Block $67B NextEra-Dominion Utility Merger Sen. Angus King urged federal regulators to reject the deal, citing anticompetitive behavior by NextEra in New England, as the merger awaits approval from five separate regulatory bodies.
  By Sasha Park, Correspondent
• Business Jun 27, 2026 NextEra Bets $67 Billion on Dominion to Corner AI Power Demand The all-stock deal, announced May 18, would create the world's largest regulated electric utility and hand one company control over power from Virginia to Florida.
  By Sasha Park, Correspondent
• Business Jun 25, 2026 NextEra's $67B Dominion Bid Faces Gauntlet of State and Federal Regulators The all-stock deal, announced May 18, would create the world's largest regulated electric utility, but approvals from Virginia's SCC, FERC, and the NRC still stand between the companies and a close.
  By Sasha Park, Correspondent
• Business Jun 18, 2026 GSK Pays $10.6 Billion for Nuvalent to Re-Enter Oncology The all-cash deal, GSK's largest acquisition to date, buys two late-stage lung cancer drugs already under FDA review and expected to launch before year-end.
  By Sasha Park, Correspondent
• Business Jun 17, 2026 Fox Acquires Roku for $22 Billion in Cash-and-Stock Deal Fox Corporation will pay $160 a share for the streaming platform operator, betting that pairing live news and sports content with Roku's 100-million-household reach accelerates its ad revenue play.
  By Sasha Park, Correspondent
• Business Jun 13, 2026 Berkshire Buys Taylor Morrison for $8.5 Billion in Abel's First Major Deal Berkshire Hathaway's all-cash offer at $72.50 a share puts a 24% premium on the Scottsdale homebuilder and tests new CEO Greg Abel's dealmaking credibility.
  By Sasha Park, Correspondent
• Business Jun 12, 2026 Ingredion Buys Tate & Lyle for $3.6 Billion in All-Cash Deal The Westchester, Ill.-based ingredient maker is paying a 59% premium for the London-listed specialty food supplier, betting on scale and cost cuts to justify a leverage ratio of 3x EBITDA at close.
  By Sasha Park, Correspondent
• Business Jun 11, 2026 Snap-on Buys Diesel Laptops for $100 Million to Deepen Heavy-Duty Diagnostics The Kenosha-based tool maker closed the all-cash deal on June 8, folding the South Carolina diagnostics firm into its Repair Systems & Information Group.
  By Sasha Park, Correspondent
• Business Jun 10, 2026 Berkshire Hathaway Agrees to Buy Taylor Morrison for $8.5 Billion Warren Buffett's conglomerate will pay $72.50 a share in cash for the Scottsdale homebuilder, a 24% premium, in one of Greg Abel's first major deals as CEO.
  By Sasha Park, Correspondent
• Business Jun 8, 2026 Berkshire Hathaway Buys Taylor Morrison for $6.8 Billion in Abel's First Major Deal The all-cash offer at $72.50 per share carries a 24% premium and values the Scottsdale homebuilder at $8.5 billion including debt, marking the largest acquisition under new CEO Greg Abel.
  By Sasha Park, Correspondent
• Business Jun 7, 2026 Berkshire Bets $6.8 Billion on U.S. Housing With Taylor Morrison Deal Greg Abel's first major acquisition as Berkshire CEO pays a 24% premium for America's sixth-largest homebuilder, signaling a push to consolidate the conglomerate's residential construction assets.
  By Sasha Park, Correspondent
• Business Jun 6, 2026 Berkshire Hathaway Buys Homebuilder Taylor Morrison for $8.5 Billion in Greg Abel's First Megadeal The all-cash transaction, announced May 31, pays $72.50 per share and carries an enterprise value of $8.5 billion, marking the new CEO's first major acquisition.
  By Sasha Park, Correspondent
• Business Jun 6, 2026 Anthropic Files Confidential IPO Paperwork, Beats OpenAI to the SEC The Claude maker submitted a draft S-1 days after closing a $65 billion Series H at a $965 billion valuation, setting up what could be the largest AI lab listing of 2026.
  By Theo Okafor, Staff Reporter
• Business Jun 3, 2026 SpaceX Sets $135-a-Share IPO Price, Targets Record $75 Billion Raise at $1.75 Trillion Valuation The rocket and satellite company plans to sell 555.6 million shares on Nasdaq on June 12, vaulting past Saudi Aramco's 2019 offering to claim the largest IPO in history - if demand holds.
  By Sasha Park, Correspondent
• Business Jun 2, 2026 Weatherford Buys NCS Multistage in All-Stock Deal to Expand Oilfield Completions Business Weatherford International struck a definitive agreement on June 1 to absorb NCS Multistage Holdings in a stock-and-cash transaction, targeting at least $15 million in annual cost synergies within 18 months of close.
  By Sasha Park, Correspondent
• Business Jun 2, 2026 U.S. Bancorp Closes BTIG Acquisition, Paying Up to $1 Billion for Capital Markets Firepower The Minneapolis bank absorbs a top-10 equity broker to plug gaps in institutional trading and M&A advisory, with up to $275 million of the purchase price contingent on performance over three years.
  By Sasha Park, Correspondent
• Business Jun 1, 2026 Mastercard Bets $1.8 Billion on Stablecoin Infrastructure With BVNK Deal The card network's pending acquisition of London-based BVNK - the largest stablecoin infrastructure deal on record - signals a strategic pivot toward owning the rails beneath digital-currency commerce, not just riding them.
  By Sasha Park, Correspondent
• Business Apr 29, 2026 Corporate Development as Venture Capital: What the Convergence Tells Us About How Big Companies Now Buy Growth Strategic acquirers have been quietly rebuilding their deal teams in the image of venture funds, and the implications for founders, investors, and the M&A market are worth understanding.
  By Sasha Park, Correspondent
• Business Apr 22, 2026 What the SPAC Boom Left Behind: A Generation of Boards Built for Speed, Not Scrutiny When hundreds of companies went public through blank-check mergers, they inherited boards assembled in weeks rather than years, and many are still living with the consequences.
  By Sasha Park, Correspondent
• Business Apr 8, 2026 Why Private Equity Hold Times Keep Stretching, and What That Costs Everyone in the Chain The median PE holding period has crept past six years in recent cycles, straining LP return models and reshaping how GPs value portfolio companies.
  By Sasha Park, Correspondent
• Business Apr 1, 2026 How Secondary Markets Rewrote the Startup Compensation Calculus When early employees can sell shares before an IPO, the option grant stops being a lottery ticket and starts behaving more like a salary line.
  By Sasha Park, Correspondent
• Business Mar 25, 2026 Anatomy of the Dual-Class Share: How a Capital Structure Became a Governance Philosophy Tech founders borrowed a century-old mechanism to insulate themselves from markets they also wanted to access. The tradeoffs are still being priced in.
  By Sasha Park, Correspondent

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