Business

The offer will likely be modified to include all cash amounts

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💥 Read this trending post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: Netflix It is likely to adjust its offer to Warner Bros. Discovery assets, and made an all-cash offer, CNBC's David Faber reported on Wednesday. In December, Netflix reached a deal to buy WBD's streaming platform HBO Max and its Warner Bros. film studio. In a deal consisting of cash and shares. The deal is currently valued at $27.75 per WBD share. This would put the value of the deal's shares at $72 billion, with a total enterprise value of about $82.7 billion. Bloomberg first reported…

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Saks Global files for bankruptcy protection

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🔥 Check out this must-read post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: Shoppers walk outside the Saks Fifth Avenue flagship store in Manhattan in New York City, US, January 6, 2026. Angelina Katsanis | ReutersSaks Global, the parent company behind the 159-year-old department store that has become a destination and icon for luxury fashion, has filed for Chapter 11 bankruptcy protection Wednesday After the pile of unsustainable debt crushed its business. The company also announced that former Neiman Marcus CEO Geoffroy van Raemdonck will immediately assume the role of CEO, replacing Richard Baker. He has only…

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Tariffs, artificial intelligence top World Economic Forum 2026 risk report

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✨ Discover this awesome post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: A photo shows a banner at the conference center on the opening day of the World Economic Forum's annual meeting in Davos, Switzerland, January 16, 2023.Fabrice Coffrini | AFP | Getty ImagesGlobal power rivalries and strategic confrontations top the list of most severe near-term risks through 2026, according to the World Economic Forum's Global Risks Report released on Wednesday. Half of the business executives and other leaders surveyed said they expect turbulent times over the next two years, and only 1% said they expect calm,…

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Citigroup (C) earnings for the fourth quarter of 2025

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🚀 Explore this insightful post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: Citigroup CEO Gene Fraser visits FOX Business Network's "Mornings With Maria" at Fox Business Network Studios on May 29, 2025 in New York City. John Lambarski | Getty ImagesCitigroup It is scheduled to report fourth-quarter earnings before the opening bell on Wednesday. Here's what Wall Street expects: Earnings: $1.67 per share, according to LSEGprofit: $20.72 billion, according to LSEGNet interest income: $14.85 billion, according to StreetAccountTrading revenue: Fixed income of $3.31 billion, and stocks of $1.19 billion, according to StreetAccount.Under CEO Jane Fraser, Citigroup is…

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Bank of America (BAC) Q4 2025 earnings

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🚀 Discover this awesome post from Business News 📖 📂 **Category**: ✅ **What You’ll Learn**: Brian Moynihan, Chairman and CEO of Bank of America, speaks with Economic Club of Washington President David Rubinstein at an event at The Ritz-Carlton on February 25, 2025 in Washington, DC. Anna Money Maker | Getty ImagesBank of America It is scheduled to report fourth-quarter earnings before the opening bell on Wednesday.Here's what Wall Street expects:Earnings: 96 cents per share, according to LSEGprofit: $27.94 billion, according to LSEGNet interest income: $15.68 billion, according to StreetAccountcommerce: Fixed income of $2.64 billion, stocks worth $1.86 billion, according…

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Delta Air Lines (DAL) Q4 2025 earnings

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✨ Read this trending post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: Delta Air Lines Boeing 767-332(ER).Joan Waltz | norphoto | Getty ImagesDelta AirlinesEd Bastian, the company's CEO, said profits could jump more than 20% this year from 2025 thanks to strong travel demand, especially at the top levels of the market, and will likely reach a record level.Delta on Tuesday expected adjusted earnings per share to range between $6.50 and $7.50 this year, compared with analysts' estimates of $7.25 per share.The carrier, the first airline to report quarterly results this year, expects a sales increase of…

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Boeing overtakes Airbus in sales in 2025 for the first time since 2018

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🚀 Read this insightful post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: Boeing Co. aircraft 737 Max at the company's manufacturing facility in Renton, Washington, US, on Thursday, November 20, 2025. David Ryder | Bloomberg | Getty ImagesBoeing It recorded net orders for 1,173 aircraft last year, the first time its sales have outsold European rival Airbus since 2018, in the latest sign of Boeing's recovery.Boeing delivered more than 63 planes to customers last month, bringing its total annual deliveries to 600 planes, the most in seven years, before two fatal accidents and a host of other…

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BNY raises profit target, CEO Robin Vince says ‘turnaround’ is taking hold

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🔥 Check out this awesome post from Business News 📖 📂 **Category**: 📌 **What You’ll Learn**: Robin Vince, President and CEO, BNY Mellon, speaks on CNBC's Squawk Box at the World Economic Forum's annual meeting in Davos, Switzerland, on January 16, 2024. Adam Galese | CNBCBank of New Yorkwhich calls itself the world's largest custody bank, is raising a pair of key performance targets as CEO Robin Vince says the turnaround that began when he took over three years ago begins to take hold.The bank is boosting its medium-term targets for pre-tax margin and return on tangible common equity by…

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Data Center REIT CEO Andy Bauer: There is no oversupply of real estate

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✨ Explore this must-read post from Business News 📖 📂 **Category**: ✅ **What You’ll Learn**: A version of this article first appeared in the CNBC Property Play newsletter with Diana Olek. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. subscription To receive future issues, directly to your inbox.He also loves super scale Nvidia, Amazon, Google and dead More and more data center projects are announced, the bubble cries grow louder. Some say the sector is already overbuilding a market that…

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JPMorgan Chase says banks can fight back

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✨ Explore this must-read post from Business News 📖 📂 **Category**: 📌 **What You’ll Learn**: JPMorgan Chase CFO Jeremy Barnum hinted Tuesday that the industry could resist President Donald Trump's demand for credit card rate controls, saying "everything is on the table." “If you end up with weakly supported guidance that radically changes our business and is unjustified, then you have to assume that everything is on the table,” Barnum said on a call with reporters following JPMorgan's fourth-quarter earnings report. “We owe it to shareholders.”Barnum was responding to a question about whether banks would choose to file a lawsuit…

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