NRG Energy to Acquire LS Power Portfolio in $12 Billion Deal 
 

NRG Energy has agreed to acquire LS Power's portfolio of natural gas generation facilities and power plant platform in a cash-and-stock deal with an enterprise value of about $12 billion.

 
Fox's Revenue, Costs Boosted by Super Bowl 
 

Fox recorded a big gain in fiscal third-quarter revenue from its broadcast of the Super Bowl while surging costs cut into its earnings.

 
Church & Dwight to Buy Touchland Hand-Sanitizer Brand 
 

Church & Dwight has struck a deal to buy the Touchland hand-sanitizer brand for up to $880 million.

 
Apple Considers Raising iPhone Prices, Without Blaming Tariffs 
 

The company wants to avoid appearing to attribute price increases to U.S. tariffs on goods from China, where most Apple devices are assembled.

 
Why Moderna Merged Its Tech and HR Departments 
 

The vaccine maker, which has partnered with OpenAI since 2023, is rethinking how it does workforce planning thanks to the growing capabilities of AI and other tech.

 
Private-Equity Firm TSG Consumer to Buy Budget Gym Chain in Latest Fitness Deal 
 

EoS Fitness would be valued at about $1.5 billion, including debt. The chain offers memberships starting at $9.99 a month.

 
Tariffs Are Crashing TV's Annual 'Upfront' Ad-Sales Party 
 

Analysts expect economic uncertainty to loom large over a softer television ad-buying season.

 
UniCredit Lifts Outlook After Earnings Beat Market Expectations 
 

The lender raised its guidance for the year as higher fee income boosted first-quarter earnings.

 
Aramco Earnings Narrowly Beat Expectations 
 

Saudi Arabia's national oil company reported a marginal profit beat for the first quarter as weaker oil prices caused by global economic uncertainty dragged on earnings.

 
Danone Buys Majority Stake in Plant-Based Formula Maker Kate Farms 
 

Santa Barbara, Calif.-based Kate Farms makes organic nutrition products for both medical and everyday needs.

(END) Dow Jones Newswires

May 12, 2025 09:00 ET (13:00 GMT)

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