Universal Music Shares Rise on Subscription Revenue Beat 
 

Stock in the record label behind Taylor Swift rose after revenue from subscriptions and streaming grew 5.6%.

 
Blackstone vs. BlackRock: The Greatest Wall Street Frenemy Story Ever Told 
 

Stephen Schwarzman and Larry Fink are increasingly all up in each other's business. Just look at BlackRock's new Panama Canal deal.

 
Tesla's Fortunes Fall as Musk Rises in Trump World 
 

The CEO's politics have eroded the brand's appeal among some buyers of electric vehicles, surveys indicate. "I used to idolize the guy," said one Tesla driver who wants to get out of his lease.

 
Publix Dominates Florida Grocery Market With Larger Market Value Than Target 
 

Publix earned nearly $1 billion more than Kroger last year with less than half of Kroger's sales.

 
Private Equity Wants a Piece of Your 401(k) 
 

Companies like Apollo and KKR are angling for retirement savers with new funds. Investors in 401(k)s should be wary.

 
Australia's Insignia Opens Books to Bain After $2.1 Billion Proposal 
 

Bain Capital will get a look at Insignia Financial's books after it sweetened its offer for the Australian wealth manager to about US$2.12 billion.

 
Walgreens Seals $10 Billion Take-Private Deal With Sycamore 
 

One of the biggest leveraged buyouts in the past decade would try to revive the pharmacy icon in private hands.

 
Broadcom Earnings and AI Strength Should Win Over a Tougher Crowd 
 

Revenue from the company's custom AI chips is soaring, with more potential customers in the pipeline.

 
SpaceX Again Loses Spacecraft During Latest Starship Test Flight 
 

The explosion disrupted flights in the Caribbean. Elon Musk's company dealt with a similar setback during a January flight.

 
Gap Beats Wall Street Expectations Thanks to Holiday-Season Sales 
 

The San Francisco apparel company behind Old Navy, Banana Republic and its namesake brand posted sales and a profit ahead of Wall Street expectations while growing its same-store sales for the period ended Feb. 1.

(END) Dow Jones Newswires

March 07, 2025 05:00 ET (10:00 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.