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...
Corporate Actions
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...
TikTok Owner ByteDance Taps Senior Lawyer Julie Gao as CFO
SINGAPORE—ByteDance Ltd., the Chinese owner of short-video platform TikTok, appointed a senior China-focused lawyer as their new chief financial officer,...
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...
Alex Jones’s Infowars Files for Bankruptcy Over Sandy Hook Lawsuits
Infowars and other media assets backed by far-right radio host Alex Jones filed for bankruptcy, opening a new front in...
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,...
Elon Musk Makes $43 Billion Bid for Twitter, Says ‘Civilization’ At Stake
Elon Musk went full-on corporate raider a week into his rolling clash with Twitter Inc., offering a $43 billion bid...
Spirit to Start Talks With JetBlue Over $3.6 Billion Deal
Spirit Airlines Inc. said it would entertain JetBlue Airways Corp.’s unsolicited $3.6 billion bid to buy the airline and start...
Frontline and Euronav Merge to Create Tanker Giant in $4.2 Billion Stock Deal
Two of shipping’s biggest names, Norway-based Frontline Ltd. and Belgium’s Euronav NV, have agreed to merge in a move that...
Fed’s Brainard Says Reducing Elevated Inflation ‘Is of Paramount Importance’
A top Federal Reserve official said the central bank is strongly committed to taking steps that will reduce inflation this...
Starbucks Suspends Buybacks to Invest in Operations as Schultz Returns
Starbucks Corp. said it is suspending billions of dollars in share repurchases, a move that interim Chief Executive Officer Howard...
Biotech Stocks, Once Booming, Enter Bear Territory
Biotech companies are having one of their worst stock-market runs in years, as rising interest rates, scientific setbacks and a...
HP Makes Bet on Hybrid Work With $1.7 Billion Deal
HP said the deal, expected to close by year-end, would help grow its hybrid-office offerings. Photo: Richard B. Levine/Zuma Press...
Bed Bath & Beyond Adds New Directors in Deal With Activist Ryan Cohen
Bed Bath & Beyond Inc. said it would add three new directors and explore options for its buybuy Baby business...
GameStop’s Stock Rises After Chairman Buys More Shares
Shares of GameStop Corp. rose 16% in after-hours trading after the videogame retailer’s chairman disclosed his firm bought 100,000 shares...
Nielsen Rejects Roughly $9 Billion Takeover Offer From Private-Equity Consortium
Nielsen CEO David Kenny in 2019 Photo: Paul Miller/Bloomberg News March 20, 2022 9:33 pm ET Nielsen Holdings NLSN 2.17%...
GM Buys SoftBank’s Stake in Its Driverless Car Unit Cruise
General Motors Co. GM 2.66% said it is buying out SoftBank Vision Fund L.P.’s stake in its Cruise division for...
