San Francisco is moving towards buying out PG&E's electrical infrastructure to establish a municipal utility, driven by ongoing dissatisfaction with PG&E's safety record, service issues, and recent blackouts, despite a slow legal process and potential legal battles, signaling a significant shift in local energy policy.
Warner Bros Discovery plans to reject Paramount's $108.4 billion takeover bid, citing concerns over financing and regulatory scrutiny, amid ongoing industry debates about the impact of such mergers on content and jobs.
iRobot, the maker of Roomba robotic vacuums, filed for Chapter 11 bankruptcy and will be acquired by its Chinese manufacturer Picea Robotics, after facing competition from cheaper rivals and regulatory hurdles that blocked a previous Amazon acquisition attempt.
Kentucky is firing head coach Mark Stoops, the school's winningest football coach, after a disappointing 5-7 season in 2025 and recent losses, despite his previous success including eight consecutive bowl appearances. The decision involves a $36 million buyout, and Stoops, who finished with a 72-80 record over 13 seasons, expressed his intention to stay despite the firing.
LSU and coach Brian Kelly are in a legal dispute over Kelly's firing, with LSU seeking to dismiss him 'for cause' to avoid paying a $54 million buyout, while Kelly's lawsuit claims the university never officially terminated him and that his firing was unjustified, leading to a legal battle over his contract and termination process.
Brian Kelly filed a lawsuit against LSU over their attempt to avoid paying his $54 million buyout by claiming he was fired 'for cause,' which he and his legal team argue is unfounded since LSU's grounds are based solely on not winning enough games, and the case highlights issues around coaching contract protections and school accountability.
LSU is legally disputing whether it has officially terminated football coach Brian Kelly, seeking to avoid a $54 million buyout by claiming he was not 'fired for cause,' while Kelly's lawyers argue otherwise, leading to a legal battle over his dismissal.
LSU is facing a $53 million buyout payout to former coach Brian Kelly, who has rejected settlement offers and is pursuing legal action, amid ongoing coaching staff changes at the university.
Pfizer will acquire Metsera for up to $10 billion after a bidding war with Novo Nordisk, with the deal expected to close soon. Metsera's stock fell over 15% following the announcement, despite its initial surge after going public in January. The acquisition aims to strengthen Pfizer's position in obesity treatment, leveraging Metsera's midstage GLP-1 drug and potential monthly therapies.
Novo Nordisk has abandoned its bid for Metsera after Pfizer secured a $10 billion deal to acquire the U.S. weight-loss drug developer, ending a competitive bidding war.
LSU fired head coach Brian Kelly after a 34–14 record over three and a half years, with Kelly expressing openness to a settlement regarding his $54 million buyout in a letter to LSU officials. The program is now focusing on its upcoming game under interim coach Frank Wilson.
Hugh Freeze was fired from Auburn after a disappointing 15-19 record, with reports suggesting his passion for golf may have negatively impacted his coaching duties, leading to questions about his priorities and ultimately his dismissal with a $15.8 million buyout.
Auburn fired head coach Hugh Freeze after a 4-5 season, with Freeze owed $15.8 million, as college football coaching buyouts reach a total of $182 million this season amid a series of high-profile firings.
Auburn has fired head coach Hugh Freeze after a 10-3 loss to Kentucky, with a $15.4 million buyout, amid several major coaching vacancies for 2026 including Penn State, LSU, and Florida.
Louisiana Governor Jeff Landry plans to block LSU Athletic Director Scott Woodward from hiring the next football coach, citing concerns over the financial liabilities of firing the current coach, Brian Kelly, and criticizing the influence of sports agents and NCAA regulations. Landry emphasizes fiscal responsibility and intends to ensure the new coach's success with performance-based contracts, while also criticizing past large buyouts and the role of private donors.