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Goldman Sachs to buy ETF sponsor Innovator in $2B cash-and-stock deal
Goldman Sachs said on Monday it will buy active exchange-traded fund sponsor Innovator Capital Management in a cash-and-stock deal worth about $2 billion, as the Wall Street…
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Elon Musk’s Tesla faces fresh criticism from ‘Big Short’ investor Michael Burry
Elon Musk’s Tesla took a hit from "Big Short" investor Michael Burry, who claimed the electric vehicle maker is "ridiculously overvalued" just days after voicing concern about…
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Texas AG probes Chinese retailer's labor practices, product safety
Texas Attorney General Ken Paxton on Monday announced an investigation into Shein and whether the fast-fashion retailer violated state laws related to unethical labor…
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Newell Brands to close Yankee Candle stores, cut jobs
Newell Brands will close 20 Yankee Candle stores across North America beginning in January as part of a plan to streamline the brand’s retail footprint. The closures, which…
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Eli Lilly cuts Zepbound prices in competitive weight loss drug market battle
Eli Lilly on Monday announced new price cuts for its popular weight loss drug Zepbound, broadening access for patients and driving greater use of the company’s digital…