July 20, 2026 10:15 am, EDT (Magnolia Oil & Gas Corp.) key takeaways: Magnolia Oil & Gas Corp. agreed to acquire Wildfire Energy for about $4.1 billion, including debt, the company’s largest acquisition and an expansion of its Eagle Ford Shale position. The transaction includes the assumption of 32.2 million Magnolia Class A shares and
July 16, 2026 9:40 am, EDT Signage for Delivery Hero at the company’s headquarters in Berlin. (Kriztian Bocci/Bloomberg) key takeaways: Uber has agreed to acquire Delivery Hero for approximately $14.8 billion, which will expand its food delivery and mobility footprint in 50 markets pending regulatory approval. The deal strengthens Uber’s presence in Asia, Latin America
Joe Morris/Getty Images In Toyota legend, the LS 400 was built by a crew of 1,400 engineers, 2,300 technicians and 60 designers (more engineer designers than the slate of new trucks). They studied 450 prototypes, and it took half a decade to bring the first Lexus to
Slobo/Getty Images Specialty auto parts retailer O’Reilly Automotive has made a $10 billion bid to buy the NAPA auto parts brand from Atlanta-based Genuine Parts Co. While consolidation seems to be the name of the game in retail these days, a merger between the two largest auto
(Images: Toyota) Toyota is expanding its US production, doubling the size of its Texas plant by 2030. Nearly five years after moving all of its mid-size truck production to Guanajuato, Mexico, Toyota announced this week that it will bring the majority of that production back to the United States as part of a $3.6 billion
The biggest car news and reviews, no BS Our free daily newsletter delivers the stories that really matter straight to you every weekday. You probably know someone who has a story about how Jiffy Lube did them wrong, and they vowed to never go back. Still, for better or worse, quick oil change shops like
The biggest car news and reviews, no BS Our free daily newsletter delivers the stories that really matter straight to you every weekday. O’Reilly eyes $10B NAPA acquisition. This potential merger could reshape the auto parts retail landscape. Different business models. O’Reilly’s corporate stability stands in contrast to NAPA’s franchise approach. Potential regulatory hurdles. Antitrust
A Giant Eagle store in Mayfield Heights, Ohio. (Tony Dejac/Associated Press, File) July 1, 2026 5:00 pm, EDT key takeaways: Kroger said on July 1 that it planned to acquire Giant Eagle for $1.65 billion, expanding its footprint while keeping Giant Eagle’s brand and operations unchanged. The deal adds 197 supermarkets and 11 pharmacies in
President Trump made more than $2 billion from crypto and other business ventures last year. As the US races to become the self-proclaimed ‘crypto capital of the world’, the President and his family have turned digital tokens, meme coins and merchandise into an unprecedented revenue stream. But just how rich can a sitting US president
According to CMA CGM, the expanded operation will have a workforce of 20,000 people across more than 240 locations in North America. (Christophe Morin/Bloomberg) July 1, 2026 10:08 am, EDT | Update: July 1, 2026 10:39 am, EDT key takeaways: FedEx agreed on July 1 to sell FedEx Supply Chain to CMA CGM Group for