Jacobs Names the Fifty Billion Target the Morning After QXO Buys TopBuild
Jacobs told Bloomberg TV Monday evening the $17B TopBuild deal is a first step toward $50B in sales in an $800B fragmented building-products market.
Business
Tesla Reclaims the Quarterly BEV Crown as BYD's Pure-EV Sales Drop Twenty-Five Percent
Tesla's 358,023 Q1 deliveries edged BYD's 310,389 pure-EV units on a 25% BYD drop; in China Tesla slipped to fourth place with 6.6% share while BYD's overseas shipments jumped 65% year over year.
Two Weeks Into the Ackman Bid Vincent Bollore Has Said Nothing and That Is the Answer
The $64 billion UMG proposal needs two-thirds approval and Bolloré controls roughly 32% directly and through Vivendi — fifteen days of his silence is the market's read.
Orient Securities Files to Buy Shanghai Securities Whole and Vaults Into China's Top Ten
Orient filed Sunday to acquire 100% of Shanghai Securities for combined assets above ¥600B (US$85-88B), halting trading Monday for up to 10 sessions.
Eddie Bauer's Plan Is Confirmed and All 175 Stores Go Dark in Nine Days
Judge Meisel approved the liquidating plan after the March 6 auction drew zero qualified bids — the April 30 deadline holds for all 175 stores and 2,200 employees.
Day Five of Amazon's Three Point Five Percent Surcharge and Only USPS Has Followed
The FBA fuel-and-logistics surcharge took effect April 17 with only USPS's 8% hike arriving April 26 as a follower — no retailer has matched Amazon's line-item pass-through.
Snap Microsoft Oracle Cut Deep as April Becomes the Q2 Tech Layoff Inflection
Three weeks into April, the three largest tech layoff waves of 2026 all cite AI productivity as the reason headcount can fall.