Allbirds, Once Silicon Valley’s Favorite Shoe, Sells for $39 Million NYT | Top Stories By: Kim Bhasin 1 April 2026 at 02:55 Despite once being valued at $4 billion, the company that made sneakers from Merino wool struggled to capture a wide customer base and turn a profit. © Jeenah Moon for The New York TimesAn Allbirds store in Manhattan in 2018. The brand has closed all of its U.S. stores.
McCormick to Combine With Unilever Food Unit to Create a Spice Giant NYT | Top Stories By: Julie Creswell 31 March 2026 at 23:09 The deal ends Unilever’s time in the food industry and will create a multibillion-dollar group under the McCormick name. © Isabel Infantes/ReutersAn employee on the production line at a Unilever factory in Gloucester, England, last year.
Eli Lilly Will Buy a Narcolepsy Drug Developer for $6.3 Billion NYT | Top Stories By: Rebecca Robbins 31 March 2026 at 22:49 Eli Lilly plans to acquire Centessa Pharmaceuticals, which has been conducting a midstage clinical trial of its lead drug. © Scott Olson/Getty ImagesEli Lilly’s headquarters in Indianapolis. The company, which is flush with cash from sales of its weight-loss drug, has been on a deal-making spree.
China Ramps Up Scrutiny of Meta’s Acquisition of Manus NYT | China By: Ana Swanson， Meaghan Tobin， Paul Mozur and Eli Tan 18 March 2026 at 04:45 The country appears to be cracking down on people linked to the acquisition of Manus, a Singapore company with Chinese roots, as President Trump prepares to visit Beijing.
TikTok Strikes Deal to Create New U.S. Entity and Loosen App’s Ties to China NYT | China By: David McCabe and Emmett Lindner 23 January 2026 at 11:20 The Chinese parent company of the popular video app said a group of non-Chinese investors would create an American TikTok to avoid a federal ban.
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