Sirius to Buy Scripps Podcast Unit for at Least $265 Million
The satellite-radio giant said the addition of Stitcher would enable it to reach more than 150 million listeners.
At PepsiCo, Quarantine Snacks Offset Drop in Soda Sales
PepsiCo posted flat revenue for the latest quarter as increased demand for its snacks and packaged foods during the pandemic largely offset a decline in beverage sales.
Analog Devices to Buy Rival Maxim for Over $20 Billion
Semiconductor maker Analog Devices said it plans to buy rival Maxim Integrated Products for more than $20 billion in what would be one of the largest merger deals of the year.
Google to Invest $10 Billion in India
Alphabet's Google is tightening its ties to India, one of the last great untapped digital markets, with a $10 billion fund to profit from the country's digital evolution and prove it shouldn't be shut out by protectionist policies.
London Banks Urged to Pay Reparations for Historical Slavery Links
The Black Lives Matter movement is reinvigorating a yearslong campaign to push some of London's oldest financial institutions to pay reparations to the descendants of slaves.
Russia's Norilsk Nickel Involved in New Arctic Fuel Spill
Authorities in Russia's Arctic region declared a local state of emergency following the leak of aviation fuel into nearby reservoirs just weeks after a catastrophic diesel spill in the same region.
Netflix Can't Afford a Weak Sequel
The streaming giant's share price has surged as Wall Street keeps betting on booming subscriber growth.
Why Covid-19 Won't Stop the New Shadow Banks
Funds that extend loans directly to companies face some trouble, but the big players will likely use the crisis as an opportunity to expand.
Mediaocean Buys Marketing Tech Firm as TV and Streaming Converge
Mediaocean, a firm best known for its TV advertising software, has agreed to acquire 4C Insights, a marketing technology company specializing in audience data, analytics and ad planning across streaming video and social media.
Akzo Nobel Sees Improving Conditions
Akzo Nobel said market headwinds continued to ease during the second quarter, although revenue for June was still nearly 5% lower than the same month in 2019.
