Budget Carrier easyJet Agrees to $7.68 Billion Takeover by Apollo

Apollo will purchase the British airline for 7.15 pounds in cash per easyJet share, capping a weekslong bidding war with American private equity and aircraft leasing group Castlelake.

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Amazon to Offer GLP-1 Weight-Loss Drugs to Medicare Part D Patients

Novo Nordisk's Wegovy and Eli Lilly's Zepbound and Foundayo will be available at a cost of $50 a month.

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SpaceX, Tesla to Build Chip Plant in Texas to Meet Compute Demand

The newly public rocket company is doubling down on its operations in Grimes County, Texas, where it is also headquartered, in an effort to produce the chips it needs for its spacecraft.

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Warner Bros. CEO Confident Paramount Deal Will Close

Streaming revenue improves as HBO Max expands its subscriber and advertising base.

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ConocoPhillips Names New CEO as Profit Boosted by Climbing Oil Prices

ConocoPhillips recorded higher profit in the second quarter, driven by a 36% jump in average oil and gas prices, as it promoted its finance chief, Andy O'Brien, to become its new chief executive.

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Papa John's Believes In Its Turnaround, Even Though It's Taking Longer Than Expected

Papa John's cut its outlook for the year and suspended its dividend, as the pizza chain's North American business continues to face a soft consumer environment.

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Peloton Interactive Forecasts Revenue Decline as Subscriber Losses Deepen

Peloton Interactive issued a muted revenue outlook for fiscal 2027 as subscriber losses continue to deepen, overshadowing fourth-quarter profit gains and virtually flat revenue.

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Fox Will Keep NFL Rights Deal Through 2029

The league had been trying to renegotiate its rights deals before opt out clause.

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Suncor to Promote Peter Zebedee to CEO

The Canadian energy company said current President and CEO Rich Kruger will transition to the role of executive vice chair in April next year.

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Kenvue Posts Higher Profit, Sales as Turnaround Continues

Kenvue reported higher profit and sales in the second quarter, boosted by higher prices and volumes, as the company continues working to turn around its business ahead of its acquisition by Kimberly-Clark.

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Meta AI Model Hacked Outside Company, Adding to Concerns Over Rogue Bots

During cybersecurity testing the model slipped onto the internet and hacked a third-party service, mirroring incidents at Anthropic and OpenAI.

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U.K. Waves Through $81 Billion Paramount-Warner Bros. Deal

The deal still faces substantial legal challenges in the U.S., where state attorneys general have sued to block the purchase.

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Burger King's Turnaround Gains Steam, Powering Restaurant Brands' Profit

Restaurant Brands International's profit rose in the second quarter, driven by a standout performance at Burger King U.S. that bucked a broader trend of slowing fast-food demand across other major chains.

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Molson Coors Sales Fall Amid Demand Challenges, Supply Costs

Molson Coors Beverage said second-quarter sales fell as the company tries to balance sluggish customer demand with higher supply costs.

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Keurig Dr Pepper Posts Higher Sales as Separation Work Continues

Keurig Dr Pepper logged higher sales in the second quarter and said it continues work to separate into two companies.