Elon Musk’s X Agrees to Settlements With Thousands of Former Employees

The settlements are an about-face for the billionaire, whose company fought with former workers over whether it owed them severance pay.

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TV Giant Nexstar Agrees to Acquire a Rival, Tegna, for $6.2 Billion

To close the deal, Nexstar will need approval from the Federal Communications Commission, which could cement its position as the biggest provider of local TV in the U.S.

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Soho House to Be Taken Private in $2.7 Billion Deal

Ashton Kutcher will join the board of the company, an operator of private clubs, which has faced criticism from investors over its business model.

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Fatal U.S. Steel Plant Explosion Raises Questions of Mill’s Safety History

The mill, which is part of the recent merger between U.S. Steel and Nippon Steel, has faced scrutiny from federal and local regulators.

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A.I. Start-Up Perplexity Offers to Buy Google’s Chrome Browser for $34.5 Billion

The tiny start-up hopes to take advantage of an upcoming antitrust ruling against the tech giant.

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Lawrence A. Bossidy, Who Led a Major Corporate Turnaround, Dies at 90

He took over the reins of the troubled Allied Signal in 1991 and within a few years made it one of America’s best-run and most profitable companies.

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Joby Will Buy Blade’s Helicopter Taxi Business for $125 Million

Joby Aviation, which is developing electric aircraft, will acquire the passenger business of Blade, a New York helicopter operator, for $125 million.

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Figma’s $20 Billion Sale Died. It Came Back to Go Public.

Figma, which makes a design platform, was on the verge of a big payday before regulators quashed the sale. On Thursday, it went public, with its stock ending the day up 250 percent.

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Are Cracks Appearing in Trump’s Antitrust Strategy?

Two top officials are reportedly out of a job, amid reported disagreements within the Justice Department over how it regulates deals.

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Union Pacific to Buy Norfolk Southern in $85 Billion Railroad Deal

The merger would create the United States’ first coast-to-coast rail network, spanning 50,000 miles and 43 states.

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