MarineMax shares surged as OneWater Marine reportedly in acquisition talks with a $40 per share all-cash offer. An official announcement is expected soon, although the deal is not yet finalized.
Paramount Global is considering Skydance Media's offer to purchase National Amusements and merge with Paramount Global, providing nonvoting shareholders a cash out option at a premium.
Microsoft reportedly plans to invest 33.7 billion Swedish crowns ($3.21 billion) to upgrade its cloud and AI infrastructure in Sweden over the next two years. This marks Microsoft's largest investment in Sweden, focusing on technology enhancements and training 250,000 people in AI skills.
Waste Management is reportedly set to acquire Stericycle for $7 billion, including debt, enhancing its medical-waste-disposal capabilities. The deal, likely to be announced Monday, will strengthen Waste Management's market presence. With Stericycle's $1 billion debt,
Summers was among the economists who warned the Biden administration of the risk of rising inflation when it approved a massive COVID-19 relief package in 2021.
A teenager's lost AirPod and Apple's Find My app led to the arrest of a hit-and-run driver in Jensen Beach, Florida, after the missing AirPod's location directed police to the suspect's home.