Black Spade Acquisition II said Monday that it is merging with World Media and Entertainment Universal, a global media and entertainment company, in a deal that values World Media at $488 million.

Stock-index futures have trimmed declines but remain on track for sharp losses, with chip stocks and other AI-related plays in line for significant pain after Chinese startup DeepSeek's ...

Investors and analysts were still scrambling early Monday to parse the long-term implications of what the sudden rise of China's DeepSeek AI assistant over the weekend might mean for shares of Nvidia ...

A market panic sparked by the emergence of Chinese startup DeepSeek — which has cheaply trained high-performing ...

Investors are spooked by Chinese AI startup DeepSeek, putting spending by Big Tech on the technology in a spotlight.

QXO launched an attempt to acquire Beacon Roofing Supply directly from its shareholders with a tender offer of $124.25 a share.

QXO’s $11 billion pitch to buy Beacon Roofing touts the company’s AI experience, as well as the housing shortage in the ...

The board of Italy's Mediobanca is set to meet Tuesday to review the almost $14-billion approach made last week by peer Banca Monte dei Paschi di Siena.

Telephone and Data Systems said Walter Carlson will take over as chief executive of the company, effective Feb. 1. Carlson will succeed his brother, LeRoy Carlson, Jr., who has led the Chicago ...

SmartRent said it has hired a new chief executive away from Siteimprove. The provider of smart home and property technology said Monday that Michael Shane Paladin is set to take over as CEO on Feb. 24 ...

Discovery Silver is positioning itself as a new Canadian gold producer with an up to $425 million deal to buy Newmont's Porcupine mining operations.

Franklin Electric's board has raised the quarterly dividend by 6%, to 26.5 cents from 25 cents. The new payout, equal to $1.06 a year, represents an annual yield of about 1.07% based on Friday's ...