The first day of Amazon's Prime Day event in the U.S. saw $7.2 billion in online sales, surpassing expectations and marking an 11.3% increase from the previous year.
Deals
Novo Nordisk CEO Faces Investigation After Senate Reveals Ozempic and Wegovy Cost Up to 13 Times More in the US
Novo Nordisk CEO Lars Fruergaard Jørgensen will face a Senate hearing over the high prices of weight loss drugs Wegovy and Ozempic in the US.
Bill Ackman's Firm Pershing Square Postpones Public Listing
Billionaire investor Bill Ackman’s firm Pershing Square announced that it was postponing its initial public offering, saying that there was an ‘enormous sensitivity’ to the size of the transaction.
Payments Giant Stripe Acquires Lemon Squeezy for Undisclosed Amount
The payments company Lemon Squeezy announced that it has been acquired by competitor and industry giant Stripe for an undisclosed amount.
Israeli Cybersecurity Startup Wiz Rejects Google’s $23 Billion Acquisition: Report
The startup said it will instead focus on reaching $1 billion in revenue before considering publicly selling its shares.
Latest News
The board of the department store Macy’s unanimously decided to terminate its negotiations with Arkhouse Management and Brigade Capital regarding the group’s proposal to acquire the retailer.
Chinese carbon bicycle technology manufacturer XDS confirmed Monday (July 15) that it will invest in the professional cycling team Astana Qazaqstan.
Redbox's DVD rental kiosks shut down permanently after parent firm Chicken Soup for the Soul Entertainment changed its Chapter 11 bankruptcy petition to Chapter 7 liquidation.
Elon Musk promises to reinstate Disney+ in Tesla vehicles if Disney resumes advertising on his social media platform, X.
The near-complete fossilized remains of a 161-million-year-old stegosaurus named "Apex" will be auctioned at Sotheby's annual Geek Week series. The estimated sale price is between $4 million and $6 million.
As UK IPOs declined, the Financial Conduct Authority (FCA) has proposed new regulations for stock market listings.
Delta Air Lines and startup Riyadh Air have entered into a partnership to connect the US and Saudi Arabia with regularly operated flights.
Goldman Sachs’s private equity business has bought the majority stake of TAIT, the engineering company that designed the stage for Taylor Swift’s Eras Tour, for an undisclosed amount.
Eli Lilly & Co. is acquiring US biopharma company Morphic Holding Inc. for $3.2 billion to advance its experimental therapies for inflammatory bowel disease and other chronic illnesses.
