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Before yesterdayReuters - Business

Paramount settles with US states in big step towards closing Warner Bros merger, source says

21 September 2026 at 14:49
Paramount Skydance has settled with California and 11 other states that sued to block its $110 billion acquisition of Warner Bros Discovery , a source familiar with the matter said on Monday, clearing one of the last big hurdles to closing a deal that would reshape Hollywood.

Goolsbee rejects idea of Fed cutting rates to help US finance its debt

21 September 2026 at 13:30
Suggestions that the Federal Reserve could lower borrowing costs to help the US government finance its current debt and deficits are the very reason β€Œthe central bank needs to be independent in setting monetary policy, Chicago Fed President Austan Goolsbee said on Monday.

Qatar's wealth fund and JP Morgan Asset Management to launch $20 billion partnership

21 September 2026 at 13:20
Qatar's sovereign wealth fund QIA and JP Morgan Asset Management plan to launch a $20 billion strategic partnership across β€Œpublic and private markets in both equities and credit, the two companies said in a statement on Monday.

Oura targets $15.62 billion valuation in US IPO, setting stage for fall listings

21 September 2026 at 11:15
Oura is targeting a fully diluted valuation β€Œof $15.62 billion in its US initial public offering as the smart ring maker kicked off its roadshow on Monday, testing investor appetite for consumer technology companies after a slow start to the fall IPO season.

Novo says CagriSema shows greater weight loss than Lilly rival in diabetes patients

By: Reuters
21 September 2026 at 10:46
Novo Nordisk said on Monday its next-generation experimental drug, CagriSema, delivered an β€Œestimated average weight loss of 12.4% in a late-stage trial in patients with diabetes, outperforming Eli Lilly's rival drug.

Fed's Goolsbee says strong demand may be adding to US inflation

21 September 2026 at 10:35
US inflation may have moved beyond the tariff and energy prices shocks of the last 18 months and is now being driven by strong demand as well, potentially requiring a faster β€Œpace of Federal Reserve interest rate hikes, Chicago Fed President Austan Goolsbee said on Monday.

CNN, MS NOW and Politico sue Trump over White House ban

CNN, MS NOW and Politico sued President Donald Trump and other members of his administration on Monday for banning them from White House grounds, saying it violated their rights to free speech and a free press under the US Constitution's First Amendment.

Warner Bros, Paramount rise on report California settlement talks could clear merger hurdle

By: Reuters
21 September 2026 at 10:08
Shares of Warner Bros Discovery and Paramount Skydance jumped on Monday, after a report said Paramount and California's attorney β€Œgeneral were in advanced settlement talks that could clear one of the final hurdles to the companies' $110 billion merger.

Aerospace suppliers test rare-earth alternatives to ease reliance on China

Rare earth shortages are pushing some suppliers of aerospace companies to revisit decades-old turbine coating formulas β€Œonce considered obsolete, after US-China tensions disrupted supplies from the world's dominant producer of critical minerals.

Global diesel shortage likely to last into 2027 as storage tanks drain

A global diesel shortage fueled by wars in Iran and Ukraine is unlikely to ease before next year, according to storage market indicators and industry participants, extending a spike in fuel costs that is weighing on economies worldwide.
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