WSJ News Exclusive | CVS Nearing $10.5 Billion Deal for Primary-Care Provider Oak Street Health
WSJ News ExclusiveHealthThe deal would expand the health insurer and pharmacy chain’s role in medical care Source link
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Dell to Lay Off More Than 6,500 Workers or 5% of Workforce
The computer maker said it is reorganizing certain teams as market conditions continue to erode. Source link
Tyson Foods Profit Declines as Beef Price Drops
Profit margins from the meat processor’s beef division have come under pressure as consumer demand softens for premium cuts of...
Newmont Proposes $17 Billion Takeover of Australia’s Newcrest Mining
BusinessU.S. gold producer makes second offer after Newcrest rejected an earlier proposal as too low Source link
Southwest, FedEx Planes Came Within a Thousand Feet in Austin on Saturday
BusinessFederal safety board is dispatching investigators to Texas after the close call between two planes Source link
Economy Week Ahead: U.S. Trade in Focus
EconomyEconomy Week AheadFed Chairman Jerome Powell to speak at an event in Washington Source link
Twitter Hasn’t Paid Bill, M&A Advisory Firm Says
BusinessInnisfree M&A sues Twitter for $1.9 million Source link
Adani Offshore Investor Has Links to Adani Family
BusinessAsiaA short seller’s allegations of fraud by Gautam Adani’s conglomerate center on whether his family wielded influence over Mauritius-based investors...
Tesla Nudges Up Model Y Prices
Tesla has raised prices in the U.S. for its Model Y SUV. Source link
Energy CEO Fights Climate Science. And LinkedIn. North Face, Too.
Liberty Energy CEO rails against what he says is an alarmist call for a transition away from fossil fuels. Source...
Elon Musk Found Not Liable in Trial Over Tweets Proposing to Take Tesla Private
A jury rejected investor claims that Elon Musk violated federal securities law when he tweeted in 2018 about potentially taking...
Booming Job Gains Could Fuel Fed Debate Over Whether More Is Needed to Corral Inflation
EconomyU.S. EconomyOfficials seeking to fight inflation could face tricky decisions if wage growth slows and hiring stays strong Source link
Unemployment Falls to 3.4%, Lowest in 53 Years, Jobs Report Shows
EconomyU.S. EconomyU.S. added 517,000 jobs in January, snapping five-month string of slowing employment growth Source link
Jurors in Elon Musk Trial Over Tesla Tweets Hear Closing Statements
TechInvestors allege CEO’s tweets about taking company private violated federal securities law Source link
Activision Blizzard Paying $35 Million to Resolve SEC Investigation
Activision Blizzard agreed to pay $35 million to settle regulatory claims tied to its process for deciding how its disclosures...
WSJ News Exclusive | Ryan Cohen Takes Stake in Nordstrom
The activist investor plans to urge Nordstrom to refresh its board and replace the former CEO of Bed Bath &...
Ford Posts $1.3 Billion Fourth-Quarter Profit, Misses Full-Year Profit Guidance
Supply-chain disruptions slowed production at the car maker and caused it to miss its annual goal. Source link
Honeywell Revenue Rises 6% as Company Signals Slowing Growth
BusinessEarningsManufacturer predicts growth will slow in its initial 2023 outlook after challenging year Source link
Estée Lauder Sales Hit Again by China’s Covid Lockdowns
The cosmetics company reported a 17% decline in quarterly sales as retailers tightening their inventories also weighed on its business....
Shell Adds $41 Billion in Profit to Record Annual Haul From Oil Majors
BusinessEarningsThe results bring to more than $132 billion the combined profit last year of the three big majors Source link
