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US spirits maker Sazerac explores deal with Jack Daniel's owner, WSJ reports

US spirits maker Sazerac explores deal with Jack Daniel's owner, WSJ reports

April 9 (Reuters) - Privately held U.S.-based alcoholic beverage maker Sazerac is exploring a deal with Jack Daniel's maker Brown-Forman, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
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Levi Strauss raises annual forecasts on resilient demand for premium jeans

Levi Strauss raises annual forecasts on resilient demand for premium jeans

April 7 (Reuters) - Levi Strauss on Tuesday raised its annual sales and profit forecasts after beating first-quarter estimates, as resilient demand for its premium denims and strength in its direct-to-consumer business helped offset a hit from U.S. tariffs.
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Analysis-How the math works on a $1.75 trillion SpaceX valuation

Analysis-How the math works on a $1.75 trillion SpaceX valuation

By Medha Singh, Echo Wang and Noel Randewich April 8 (Reuters) - Elon Musk’s SpaceX is seeking a $1.75 trillion valuation in its forthcoming initial public offering. How far into the stratosphere is that? Going by common Wall Street metrics, the answer is, way out there.
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Tesla's lower-cost EV plan seen boosting volume, risking margins

Tesla's lower-cost EV plan seen boosting volume, risking margins

By Akash Sriram April 9 (Reuters) - Tesla investors said the company's plan to develop a smaller, lower-cost EV, which was reported exclusively by Reuters, might boost volumes and address slowing demand, but at the cost of already strained margins.
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Agilitas Sells Integris Composites to Triton, Enhancing Global Survivability Solutions

Agilitas Sells Integris Composites to Triton, Enhancing Global Survivability Solutions

Agilitas Sells Integris Composites to Triton, Enhancing Global Survivability Solutions
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US software stocks fall as Anthropic's new AI model revives disruption fears

US software stocks fall as Anthropic's new AI model revives disruption fears

April 9 (Reuters) - U.S. software shares tumbled on Thursday after Anthropic held back the wide release of a powerful AI model over concerns it could expose hidden cybersecurity vulnerabilities, deepening investor fears about the threat to traditional software firms.
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Bourbon demand is down and tariffs aren't helping. But distillers keep building

Bourbon demand is down and tariffs aren't helping. But distillers keep building

By Nicholas P. Brown and Emma Rumney BARDSTOWN, KY, April 7 (Reuters) - Like many whiskey distillers, Heaven Hill Brands is rolling back bourbon production this year, as demand lags.
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Deal, delay or strike? Investors on edge as Trump's Iran deadline nears

Deal, delay or strike? Investors on edge as Trump's Iran deadline nears

April 7 (Reuters) - Global markets have entered a period of heightened uncertainty ahead of a deadline set by U.S.
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El fondo estadounidense Pershing Square anuncia una oferta de adquisición de Universal Music

El fondo estadounidense Pershing Square anuncia una oferta de adquisición de Universal Music

El fondo estadounidense Pershing Square, propiedad del inversor Bill Ackman, anunció el martes que presentó una oferta de adquisición de Universal Music Group (UMG), al considerar que el gigante de la industria musical estaba infravalorado por los mercados bursátiles.
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Pershing Square proposes $64 billion Universal Music merger with acquisition company

Pershing Square proposes $64 billion Universal Music merger with acquisition company

April 7 (Reuters) - Bill Ackman's Pershing Square on Tuesday proposed merging its acquisition vehicle with Universal Music Group with a plan to list in the United States in a deal aimed at reviving the world's biggest music label's value.
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Delta Air hikes checked baggage fees as jet fuel prices soar

Delta Air hikes checked baggage fees as jet fuel prices soar

April 7 (Reuters) - Delta Air Lines said on Tuesday it will raise fees for checked bags on domestic and select short-haul international routes, as airlines seek to offset soaring jet fuel costs linked to escalating tensions in the Middle East.
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US to raise Medicare Advantage payments to insurers by 2.48% in 2027, insurance stocks surge

US to raise Medicare Advantage payments to insurers by 2.48% in 2027, insurance stocks surge

By Christy Santhosh and Amina Niasse April 6 (Reuters) - The U.S. government said on Monday it would raise payments to private insurers offering Medicare Advantage plans to older adults in 2027 by 2.48% on average, an increase from the near-flat change it proposed in January, driving insurer shares