Oil prices sink, stocks soar after Trump announces deal with Iran

Oil prices tumbled after President Trump said the U.S. has reached a preliminary deal with Iran that will reopen the Strait of Hormuz, a vital Middle East waterway that accounts for roughly 20% of global crude. U.S. stocks soared to record highs in early trading on optimism that the agreement will bring relief to businesses …

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Fox to acquire Roku in $22 billion deal

Fox Corp. is acquiring Roku in a $22 billion deal, combining the media company’s television assets with one of the nation’s largest streaming platforms. Fox said Monday it will acquire Roku for $160 per share in a cash-and-stock transaction. The combined company would rank as the third-largest player in U.S. television based on share of viewing, according …

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