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New York Times Company in Advanced Talks to Acquire Letterboxd

The roughly $330 million deal for the cinephile community site would be part of an effort to add new products and services to the company’s portfolio.

Β© Sebastian Gollnow/picture alliance, via Getty Images

Letterboxd attracts movie buffs who use the site to review and recommend films, curate personal filmographies and complete viewing challenges.

China Blocks SoftBank’s $5.4 Billion Robotics Takeover, Impeding Foreign Deals

Chinese authorities stopped the sale of ABB Robotics, owned by a Swiss conglomerate, to SoftBank of Japan amid wider scrutiny of global transactions that could affect Beijing’s technology ambitions.

Β© Moritz Hager/Reuters

China is ABB’s largest robotics market and most of its machines built for Chinese customers are manufactured locally.

CVS to Split Off Drugstore Business, Ending Its Bigger-Is-Better Era

In a breakup planned for 2028, CVS Health intends to keep together its insurance and pharmacy benefits divisions and create a separate company for its pharmacies.

Β© Philip Cheung for The New York Times

CVS Health will spin off its drugstores, mail-order business and in-store medical clinics.

DoorDash to Buy Instacart for $17 Billion, Uniting 2 Delivery Giants

The deal combines the country’s largest restaurant delivery service with its biggest online grocery platform.

Β© Amir Hamja/The New York Times

In its most recent quarter, DoorDash said it completed 970 million orders.

Weil Gotshal, a Legal Power Player, Is Fighting to Survive

The prominent law firm has been rocked by an exodus of high profile lawyers, a failed succession plan and a scuttled deal to merge with a rival firm.

Β© Andrew Kelly/Reuters

Founded nearly a century ago, Weil Gotshal had once been the marquee for bankrtupcy advice but has more recently had difficulty competing with giant law firms.

How to Straddle the MAGA Divide

Beth Wilkinson is a Washington lawyer who has thrived representing the Trump administration’s enemies and allies alike. Does she represent a vanishing type?

Β© Illustration by The New York Times; Photo: Noah Berger/Associated Press

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