Adobe to Buy Collaboration-Software Company Figma for About $20 Billion
Adobe, which will pay for the company using roughly half cash, half stock, unveiled the deal with its quarterly results,...
Corporate Actions
Microsoft’s Activision Deal Draws Further Scrutiny From U.K. Watchdog
The U.K.’s competition regulator said it would escalate its investigation into whether Microsoft Corp.’s MSFT 0.09% planned acquisition of Activision...
Patagonia Founder Is Giving His Company Away in Pledge to Fight Climate Change
Patagonia founder Yvon Chouinard is giving away the multibillion-dollar outdoor apparel business he founded nearly 50 years ago, with a...
Twitter Investors Back Musk’s Takeover Bid After Whistleblower Testifies in Congress
WASHINGTON— Twitter Inc. TWTR 1.61% investors backed Elon Musk’s $44 billion takeover that the billionaire is trying to abandon on...
GE Chief Says Supply Chain Is a Daily Challenge
General Electric Co. GE 2.15% Chief Executive Officer Larry Culp said that the company’s breakup plans are on track but...
Activist Investor Dan Loeb Backs Off Pushing Disney to Sell ESPN
Activist investor Dan Loeb signaled Sunday morning on Twitter that he is backing off his push to persuade Walt Disney...
How a CEO Rescued a Big Bet on Big Oil; ‘There Were a Lot of Doubters’
Occidental Petroleum Corp. OXY 1.75% entered the thick of the pandemic among the worst prepared of its U.S. oil-and-gas peers....
Elon Musk Lawyer Cites Twitter’s Whistleblower Payment as New Reason to Drop $44 Billion Takeover
Elon Musk first tried to abandon a $44 billion deal to take over Twitter in July. Photo: Michael Gonzalez/Getty Images...
Oil Royalty and Mineral Companies Sitio and Brigham to Merge in $4 Billion Tie-Up
Sitio Royalties Corp. and Brigham Minerals Inc. have reached a deal to merge to form one of the largest publicly...
Illumina-Grail Deal Blocked by EU’s Antitrust Regulator
BRUSSELS—The European Union blocked Illumina Inc.’s acquisition of Grail Inc., just days after the American life-sciences company won its case...
Volkswagen to List Porsche in One of Biggest IPOs in Years
The offering could value Porsche at as much as 85 billion euros ($84 billion), according to analyst estimates, injecting fresh...
CVS Announces Deal to Acquire Home-Healthcare Company Signify
CVS Health Corp. CVS -0.49% is betting $8 billion that the house call is the future of healthcare.The drugstore giant’s...
U.K. Home Builder Vistry to Buy Rival Countryside for $1.4 Billion
U.K. home builder Vistry VTY -0.07% Group PLC agreed to acquire rival Countryside Partnerships CSP 5.26% PLC for about $1.44...
Porsche Family to Acquire More Than 25% of the Car Maker as IPO Nears
VW, Europe’s biggest auto maker by sales, said the companies’ boards would meet on Monday to discuss the private placement...
Illumina Wins Case Against FTC on Grail Acquisition
An administrative law judge has ruled in favor of Illumina Inc. ILMN -2.10% in its $7.1 billion acquisition of cancer-testing...
T-Mobile Lays Off Workers in Engineering, Network Jobs
The company plans to offer new positions to many of the laid-off workers. Photo: Justin Sullivan/Getty Images T-Mobile TMUS -1.07%...
Warren Buffett’s Berkshire Hathaway Trims Stake in Chinese Auto Maker BYD
HONG KONG— Warren Buffett’s investment firm said it sold shares of Chinese electric-vehicle maker BYD Co. 1211 -8.52% for about...
Disney’s New Pricing Magic: More Profit From Fewer Park Visitors
Walt Disney DIS -2.89% used to call Disneyland his “magic kingdom.” These days, Walt Disney Co. has a new magic...
3M Is Denied Bankruptcy Shield Against Mass Earplug Claims
A bankruptcy judge declined on Friday to shield 3M Co. from continued litigation involving its military earplugs, a setback for...
Amazon to Shut Down Amazon Care Telehealth Unit
Amazon. com Inc. is closing a telehealth service it built in-house for employees and businesses as the company looks to...
