After an investigation found some customers were charged nearly 25% more for identical items, Instacart says itβs ending its controversial price-testing program.
Tory Bruno's abrupt departure comes after 12 years in the role. The company, a Boeing-Lockheed Martin joint venture, has had to fight to keep pace with Elon Musk's SpaceX.
Americaβs ability to make precision-guided missiles was threatened during Trumpβs tariff war. But experienced players have rescued the supply chain, for now.
Alphabet Inc. has agreed to buy clean energy developer Intersect Power LLC for $4.75 billion in cash, plus its existing debt, marking one of the largest deals by the tech giant in its push to dramatically expand its data center footprint to power AI.
Oracle Chair Larry Ellison says he will personally back Paramount Skydance's bid for Warner Bros. Discovery with a guarantee of $40 billion in equity financing. Ellison's son David is the CEO of Paramount. Paramount is trying to beat out a rival bid from Netflix. Bloomberg's Caroline Hyde reports. β¦
Daiwa Securities Group Inc. is resuming an expansion of its mergers and acquisitions business to capitalize on a dealmaking boom at home and lift its standing abroad.
WBD had urged shareholders to reject $108.4bn hostile takeover bid from Paramount, which is controlled by the Ellisons, following $82.7bn Netflix deal The tech billionaire Larry Ellison has agreed to provide a personal guarantee of more than $40bn for Paramount Skydanceβs fight to gain control of Waβ¦
Instacart has announced it will be ending price testing on its platform. This comes after a study published earlier this month revealed pricing experiments that led to some customers seeing higher prices than others and the FTC saying last week it would be investigating the grocery delivery app.
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The main distillery will be closed for site enhancements, the company said. The pause comes after whiskey production has dropped amid a challenging year.
State Street Corp. seemed to perfectly time the private-markets wave, debuting a private credit exchange-traded fund in February months ahead of an executive order that aimed to push more investors into alternative assets.