Elon Musk Says Twitter Deal Is on Hold, Sending Shares Lower Premarket
Elon Musk said his deal to buy Twitter Inc. TWTR -2.19% was on hold pending details on the amount of...
Acquisitions/Mergers/Shareholdings
Ford Sells About 8% of Its Stake in Electric-Vehicle Startup Rivian
Ford Motor Co. has sold off about 8% of its stockholdings in Rivian Automotive Inc., according to people familiar with...
WSJ News Exclusive | Philip Morris International in Talks to Buy European Smokeless-Tobacco Rival
Philip Morris International Inc. PM 2.18% is in advanced talks to acquire Swedish Match SWMA -0.58% AB, according to people...
Millions of Americans Are Turning to Therapy, and Investors See an Opportunity
Psychiatrists and psychologists once ran their own practices. Now the local therapist office could be controlled by a buyout king.Venture...
Oil Prices Top $100, Yet Some Big U.S. Frackers Let Their Production Fall
Oil prices are at their highest in years and politicians want companies to pump more. But most large American frackers...
WSJ News Exclusive | Boehly-Led Group Said to Have Reached Deal to Buy Chelsea F.C.
A group led by Los Angeles Dodgers part-owner Todd Boehly reached a deal to acquire Chelsea Football Club from Russian...
Starbucks Plans Barista Raises, Says Unionized Cafes Will Need to Bargain
Starbucks Corp. said it would boost pay for U.S. baristas who have been with the company for at least two...
BP Takes $25.5 Billion Hit From Russia Exit
BP BP 0.49% PLC took a $25.5 billion pretax accounting charge related to its decision to exit its Russia holdings,...
WSJ News Exclusive | Activist Investor Ancora Has 1% Hasbro Stake
An activist investor has a stake in Hasbro Inc. HAS 1.83% and is supporting another activist already waging a proxy...
Grubhub Owner Jet Could See Broader Engine Failure
Grubhub owner Just Eat Takeaway.com’s TKWY -0.53% share price fell nearly 70% over the past year. Trimming the fat might...
Activision Blizzard CEO Bobby Kotick Could Walk Away With More Than $500 Million After Microsoft Deal
In a securities filing Friday, Activision said Mr. Kotick would receive $14.4 million in severance if he is terminated or...
Exxon and Chevron, Buoyed by High Oil Prices, Shower Investors With Cash
Big oil companies are continuing to reap the benefits of high commodity prices but aren’t backing off plans to reward...
Elon Musk Sells About $4 Billion in Tesla Stock After Agreeing to Buy Twitter
Elon Musk sold roughly $4 billion worth of Tesla Inc. stock in the two days after agreeing to buy Twitter...
Elon Musk Criticizes Twitter Executive, Drawing Employee Backlash
Elon Musk, whose takeover bid for Twitter Inc. was accepted two days ago, continued to use the site to criticize...
Twitter Accepts Elon Musk’s Offer to Buy Company in $44 Billion Deal
Twitter Inc. TWTR 5.66% on Monday accepted Elon Musk’s bid to take over the company, which would give the world’s...
WSJ News Exclusive | Bed Bath & Beyond’s Buybuy Baby Draws Buyer Interest
Bed Bath & Beyond has been exploring alternatives for Buybuy Baby. Photo: Michael M. Santiago/Getty Images Updated April 22, 2022...
CNN+ Streaming Service Is Shutting Down a Month After Launching
CNN is shutting down its streaming service CNN+ about a month after it launched, a sign of its new owners’...
WSJ News Exclusive | Blackstone Bets on Campus Housing With $13 Billion Acquisition
Blackstone Inc. agreed to buy student-housing owner American Campus Communities Inc. in a deal valuing the company at about $12.8...
Twitter Adopts Poison Pill Plan to Block Elon Musk From Increasing Stake
Twitter adopted a poison-pill takeover defense to make it difficult for Elon Musk to increase ownership beyond 15%. The move...
David Zaslav Wants to Distinguish CNN From ‘Advocacy Networks’
Warner Bros. Discovery Inc. Chief Executive David Zaslav told employees that he wants CNN to focus on maximizing its impact,...
