American International Group Inc. agreed to buy stakes in specialty insurer Convex Group and alternative asset manager Onex Corp. in transactions that total more than $2.7 billion.

Novo Nordisk A/S made an unsolicited bid for US biotech firm Metsera Inc., sparking a heated battle with Pfizer Inc. to get their hands on weight-loss treatments that both drugmakers want in order to regain lost ground in the booming market.

Nigerian financial-technology firm Flutterwave Inc. plans to allow payments on its platform using stablecoins – digital tokens pegged to the dollar — as businesses seek to bypass traditional providers that are slower and more expensive.

Chipotle Mexican Grill Inc. shares plummeted after the fast-casual chain cut its outlook for a third time this year as diners pulled back from eating out, a fresh warning sign for consumer spending.

Adrienne Harris joined Sullivan & Cromwell as of counsel and policy adviser in its New York office, the firm announced Thursday.

Wall Street pumped the brakes on a furious stock rally after the Federal Reserve tempered expectations for a December rate cut and Meta Platforms Inc. tumbled 11% as the giant is taking on debt to fund its artificial-intelligence push.