Wendy's stock jumps on report of potential takeover bid from Nelson Peltz's Trian Fund Management
Peltz's relationship with Wendy's dates back to an activist campaign he led more than two decades ago.
Aug 12, 2026
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CNBC Business News
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Wendy's stock jumps on report of potential takeover bid from Nelson Peltz's Trian Fund Management
Peltz's relationship with Wendy's dates back to an activist campaign he led more than two decades ago.
Business
Bob Iger, Joshua Kushner buy Los Angeles Lakers at a $12.5 billion valuation, source says
Venture capital founder Joshua Kushner and former Disney CEO Bob Iger acquire Mark Walter's stake in Los Angeles Lakers at valuation of more than $12 billion.
Business
Home Depot CEO taking temporary medical leave, two top execs to run the retailer
Home Depot's CEO Ted Decker is taking a temporary medical leave of absence that's expected to last a few months.
Business
GM reaches up to $4.5 billion parts deal designed to avoid supply chain troubles
The deal follows years of global automotive supply chain issues for GM and other companies.
Business
Why Jensen Huang’s $500 billion AI financing plan faces a big risk from China
Nvidia CEO Jensen Huang is pitching GPUs as long-term collateral to unlock $500 billion in funding. The question is how fast will his chips depreciate?
Business
Why JPMorgan is investing big in the 2028 LA Olympics
JPMorgan is making a nine-figure bet as the Olympics Games' first-ever global banking partner.
Business
Invitation Homes CEO says ban on institutional homebuying will bring down prices, but not immediately
The CEO of the nation's largest single-family rental landlord said the new law banning large-scale investors from the market will lower prices in the long term.
Business
Trump wants to split the MMR vaccine. Experts say that's unlikely — and comes with consequences
Doctors and other experts say that splitting the measles, mumps and rubella shot has no scientific basis and is unlikely to get off the ground.
Business
Baby products company Frida is expanding into kids’ personal care
Baby products company Frida is launching a new category of personal care items for kids, tapping into a growing market and largely untapped space.
Business
Boeing sells eVTOL subsidiaries, takes stake in Archer
Boeing is selling three of its subsidiaries to Archer Aviation in exchange for a stake in the eVTOL startup.
Business
HHS moves to tighten oversight of food ingredients as safety concerns mount
HHS moves to tighten oversight of food ingredients and define ultra-processed foods as food safety concerns raise questions about FDA visibility.
Business
Cyclospora fears lead consumers to lose their appetite for salads
Traffic to salad chains has fallen as consumers avoid greens due to the ongoing cyclospora outbreaks across the U.S.
Business
Shein faces existential threat as tariffs hit low-price model, putting new focus on services
Shein has won over consumers with its low prices but is now seeing shoppers flee after new tariffs and changing regulations forced it to raise prices.
Business
Rockstar Energy founder builds Celsius stake, wants to take over as CEO
Rockstar Energy founder Russ Savage told CNBC he now controls 12 million shares of Celsius Holdings, amounting to roughly 4.7% of the energy drink company.
Business
Burger King overtakes Wendy's as the nation's second-largest burger chain
Burger King is once again the second-largest burger chain in the U.S. by system-wide sales.