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... The Fraudster Behind Steve Ballmer’s NBA Nightmare

Joe Sanberg’s bank got the Clippers owner to invest, then struck a puzzling deal with the team’s star. “Makes no business sense whatsoever,” one senior executive texted.
https://www.wsj.com/business/ballmer-clippers-leonard-sanberg-aspiration-49924b19?mod=pls_whats_news_us_business_f

... Kering to Sell Beauty Business to L’Oréal in $4.7 Billion Deal

The deal marks an early move by Kering’s new chief, Luca de Meo, to revive the French luxury giant’s fortunes.
https://www.wsj.com/business/retail/kering-to-sell-creed-license-fragrance-brands-to-loreal-in-4-7-billion-deal-6eb84ddd?mod=pls_whats_news_us_business_f

... Getty Images Merger With Shutterstock Raises U.K. Competition Issues, Regulator Says

The image companies agreed in January to merge, creating a group valued at about $3.7 billion including debt.
https://www.wsj.com/business/deals/getty-images-merger-with-shutterstock-raises-u-k-competition-issues-regulator-says-ce51bcc4?mod=pls_whats_news_us_business_f

... Holcim Plans to Acquire Xella for $2.16 Billion

The building-materials supplier plans to acquire Xella for more than $2 billion to expand its building solutions business.
https://www.wsj.com/business/deals/holcim-plans-to-acquire-xella-for-2-16-billion-bf9d4eb9?mod=pls_whats_news_us_business_f

... Molson Coors to Cut 9% of Americas Workforce in Restructuring

Molson Coors is eliminating about 400 salaried jobs across its Americas business, which come as the beer industry contends with a widespread slump.
https://www.wsj.com/business/retail/molson-coors-to-cut-9-of-americas-workforce-in-restructuring-3b0b0304?mod=pls_whats_news_us_business_f

... Cleveland-Cliffs Gets Steel-Tariff Boost, Looks to Rare-Earth Minerals

Cleveland-Cliffs reported rising demand for its steel in the third quarter, and said it will explore producing rare-earth minerals, as the Trump administration’s trade policy rewards its U.S. footprint.
https://www.wsj.com/business/earnings/cleveland-cliffs-revenue-rises-boosted-by-steel-tariffs-11ed6b04?mod=pls_whats_news_us_business_f

... Oil Extends Losses on Supply-Demand Concerns

Crude futures continued to lose ground. Weak growth projections, the ongoing energy transition across China and the EU, and U.S.-China tariff tensions were damping the outlook, Forex.com said.
https://www.wsj.com/business/energy-oil/oil-falls-weighed-by-prospects-of-market-surplus-db35840c?mod=pls_whats_news_us_business_f

... Vestas Shelves Plan for Polish Wind Turbine Factory on Low European Demand

The wind turbine maker had unveiled plans last year to build a new blade factory in Szczecin to support Europe’s build-out of offshore wind parks.
https://www.wsj.com/business/energy-oil/vestas-shelves-plan-for-polish-wind-turbine-factory-on-low-european-demand-78724713?mod=pls_whats_news_us_business_f

... Cargo Plane Accident Kills Two in Hong Kong

The accident involved a Boeing 747-400 cargo aircraft that had departed from Dubai’s Al Maktoum International Airport.
https://www.wsj.com/world/asia/cargo-plane-accident-kills-two-in-hong-kong-bb1ce430?mod=pls_whats_news_us_business_f

... America’s Most Successful Restaurant Chain Feeds a Dumpling Frenzy

Din Tai Fung’s large restaurants, quick service and hand-folded soup dumplings help the chain post the top average sales in the U.S.
https://www.wsj.com/real-estate/commercial/americas-most-successful-restaurant-chain-feeds-a-dumpling-frenzy-a9a94bde?mod=pls_whats_news_us_business_f

... Major Sites and Apps Recover From Amazon Web Services Outage

The far-reaching outage disrupted services from retailers to airlines, social-media apps, financial-services companies and more.
https://www.wsj.com/tech/amazon-web-services-internet-outage-728806dc?mod=pls_whats_news_us_business_f

... Apple Pioneer Bill Atkinson Was a Secret Evangelist of the ‘God Molecule’

The HyperCard inventor was a huge proponent of taking lower doses of 5-MeO-DMT, which is widely considered the strongest psychedelic in the world.
https://www.wired.com/story/apple-pioneer-bill-atkinson-was-a-secret-evangelist-of-the-god-molecule/

... A “New Middle East” Is Easier to Declare Than to Achieve

As a long-overdue ceasefire takes hold amid the ruins of Gaza, the President’s visit to Jerusalem is more about transactional politics than transformative peace.
https://www.newyorker.com/magazine/2025/10/27/a-new-middle-east-is-easier-to-declare-than-to-achieve

... Thieves break into Louvre Museum, flee with stolen jewelry in 7-minute heist

Thieves broke into the Louvre in Paris — the world's most visited museum — early Sunday morning. Museum officials said they stole jewelry and fled.
https://www.cbsnews.com/news/thieves-broke-into-louvre-museum-paris-stolen-jewelry/

... "48 Hours" contributor in uncharted territory investigating murder case

In reporting on the case of Joe Shymanski, a Washington, D.C., photographer murdered in 2023, "48 Hours"' Nikki Battiste says the story took her into unfamiliar territory: confronting someone she grew up with.
https://www.cbsnews.com/news/48-hours-joe-shymanski-washington-dc-murder/

... Family of murdered photographer wonders if his killer acted alone

Joe Shymanski, a, well-known Washington D.C. photographer, was murdered and dismembered in 2023. His ex-wife's former boyfriend, Brandon Holbrook, was convicted in the case. Shymanski's family still wonders if anyone else was involved.
https://www.cbsnews.com/news/joe-shymanski-maryland-murder-brandon-holbrook-trial-heather-snyder-interview-48-hours/

... My Uncle Joe's Murder

A young woman mourns her uncle's murder … and questions whether the convicted killer was the only one involved. "48 Hours" contributor Nikki Battiste reports.
https://www.cbsnews.com/video/my-uncle-joes-murder/

... 10/18: CBS Weekend News

“No Kings” protests express fear, frustration with Trump administration; Dodgers superstar Shohei Ohtani’s show for the ages.
https://www.cbsnews.com/video/101825-cbs-weekend-news/

... Murder at Sea?

Devastated after the FBI bows out of the case, the family of missing cruise ship honeymooner George Smith vows to fight for answers."48 Hours" correspondent Richard Schlesinger reports.
https://www.cbsnews.com/video/murder-at-sea-3/

... Dodgers superstar Shohei Ohtani's show for the ages

Dodgers superstar Shohei Ohtani had the single greatest game of baseball ever on Friday night with 10 strikeouts, three homers and a place in the World Series. Jericka Duncan has the story.
https://www.cbsnews.com/video/dodgers-superstar-shohei-ohtanis-show-ages/

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