1. Honeywell to buy Carrier Global security unit for $5 billion
Honeywell International has agreed to buy Carrier Global's security business for about $5 billion, The Wall Street Journal reported Friday, citing people familiar with the matter. Carrier is known for its heating and air-conditioning equipment, but its security business manufactures electronic locks and other equipment for companies, hotels and hospitals. The acquisition is part of Honeywell's ongoing "spending spree to bolster its portfolio," with plans to spend at least $25 billion over the next three years, the Journal reported. Honeywell chief executive Vimal Kapur said in October that the company is focusing its spending on expanding its automation, aviation and energy transition portfolios. The Wall Street Journal
2. Musk slams Iger for pulling Disney ads from X
3. Alphabet shares rise after Google unveils Gemini AI system
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