Sabrina Siddiqui

The Navy says it plans to complete construction of additional vessels at other shipyards so they can get into the fleet faster and that the goal is to launch the first ship in the water by 2028.

The new frigate will play a key role in the fleet, protecting larger ships and sea lanes from threats such as enemy aircraft and ships.

The e-commerce giant Shein scored a win today after a Paris court rejected the French government's request to suspend the platform.

President Emmanuel Macron's government had asked judges to halt Shein's operations in France for at least three months after authorities discovered illicit products on the platform, including childlike sex dolls, weapons, and medications.

In response, she had temporarily paused sales from third-party vendors on its French marketplace and said it removed the listings and strengthened controls.

Today, a Paris court found that completely shutting down the platform in France would be excessive and an unjustified violation of the company's right to conduct business.

And let's wrap things up with a couple of deals that were announced today.

Biomarin Pharmaceutical will acquire fellow biotech Amicus Therapeutics for about $4.8 billion in cash.

The deal is expected to close in the second quarter of next year, and Biomarin says it'll expand its portfolio in rare disease treatments.

It's also the latest multi-billion dollar deal in the biotech and pharmaceutical space this year.

The flurry of activity has helped lift investor enthusiasm and boosted many long-struggling stocks.

And Snoopy and Charlie Brown have a new majority owner.

Sony will pay more than $450 million to double its stake in Peanuts Holdings and take control of the popular characters.

The deal will see the Japanese conglomerate increase its ownership to 80%, while the family of Peanuts creator Charles M. Schultz will hold on to the other 20%.

Sony has spent billions on acquisitions to capitalize on demand for games and entertainment.

This latest deal values the Peanuts business at more than $1 billion.

And that's What's News for this week.

Tomorrow, you can look out for our weekly markets wrap-up, What's News in Markets.

Then on What's News Sunday, we have the latest installment of our USA 250 series, this time looking at the generations-long push and pull over worker safety in America.

And we'll be back with our regular show on Monday morning.