Delta Air Lines Strikes Deal With Riyadh Air to Operate Flights Between US and Saudi Arabia

Delta Air Lines Strikes Deal With Riyadh Air to Operate Flights Between US and Saudi Arabia

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 Buys Taylor Swift’s Stage Builder TAIT

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's $3.2 Billion Purchase of Morphic to Enhance Chronic Illness Therapies

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.

Paramount Global Approves Merger with Skydance Media, Transforming Entertainment Industry

Paramount Global's directors have approved a merger plan with Skydance Media, set to be finalized on Sunday and announced on Monday, July 8.


Latest News

Lufthansa Receives EU Approval to Acquire ITA Airways for $350 Million
Lufthansa has won EU antitrust approval to buy 41% of ITA Airways for around $350 million. Lufthansa has received antitrust clearance from the European Union (EU) to acquire 41% of ITA Airways for 325 million euros (about $350 million) following the sale of certain routes and slots, the company announced Wednesday, July 3.
SKOREA-JAPAN-GAMES-FINAL FANTASY
Final Fantasy creator Hironobu Sakaguchi has reunited with Square Enix after over two decades to release an enhanced version of his latest game, Fantasian.
GSK Acquires Full Rights to CureVac's COVID, Influenza Vaccines
GSK said that it was reorganizing its cooperation with CureVac, including gaining control over various vaccines they were producing together, including COVID-19 and influenza vaccines.
Paramount, Skydance Re-Negotiate Merger Deal: Report
The preliminary merger deal between National Amusements, Paramount Global, and Skydance Media appeared to have been reignited after abandoning it due to shareholder dispute.
FTC Blocks Tempur Sealy's Acquisition of Mattress Firm Over Competition Concerns
The Federal Trade Commission has voted to prevent mattress maker Tempur Sealy from acquiring retail chain Mattress Firm, citing concerns that the merger would stifle competition.
Apple And Maker Of Popular Video Game Fortnite, Epic Continue Court Battle
Apple has secured an observer role on OpenAI’s board as part of a significant agreement, with Phil Schiller, the head of Apple’s App Store, appointed to the position.
Paramount Global in Merger Talks to Integrate Paramount+ with Rival Streaming Platform
Paramount Global is in private discussions with other entertainment companies to explore merging its Paramount+ streaming service with an existing platform.
Spirit AeroSystems
Boeing reportedly agreed to purchase Spirit AeroSystems for $4 billion after months of talks. The damaged Spirit AeroSystems sign is seen damaged after an EF3 tornado touched ground on April 15, 2012 in Wichita, Kansas.
RedBox
Chicken Soup for the Soul Entertainment filed for Chapter 11 bankruptcy, disclosing $970 million in debt.
EU Antitrust Regulators to Scrutinize Microsoft’s $13B OpenAI Investment Over Cloud Exclusivity
The European Union's antitrust regulators are set to scrutinize Microsoft’s $13 billion investment in OpenAI, focusing on the exclusive use of Microsoft's cloud technology and its potential impact on competition.
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