Jack Ma’s Ant Boosts Consumer-Finance Unit With $3.5 Billion Fundraising
The consumer-finance arm of China’s Ant Group Co. is boosting its financial firepower with a $3.5 billion capital increase, with...
Corporate Actions
KKR and BMG Buy Into ZZ Top’s Music
KKR & Co. Inc. and BMG are betting on ZZ Top. The investment firm and music company have acquired all...
Oracle’s Larry Ellison Targets the Health Cloud With $28.3 Billion Bid for Cerner
Oracle Corp. ORCL -4.27% on Monday announced its largest deal ever, a roughly $28.3 billion purchase of electronic-medical-records company Cerner...
Harley-Davidson’s Electric-Vehicle Division to Go Public Via SPAC Merger
Harley-Davidson Inc.’s HOG 6.94% electric-motorcycle division will become a separate publicly traded company via a blank-check merger, a move the...
The Challenging Road Ahead for Rivian’s Billionaire CEO
RJ Scaringe grew up studying the auto industry, peering under parked cars as a teenager and stashing spare parts around...
Roku Shares Rise on Deal That Restores YouTube TV App
Roku shares more than doubled in 2020 as the Covid-19 pandemic kept people home and led to increased use of...
Nvidia’s Deal Setback Eased by Soaring Chip Demand
The exploding growth in semiconductor demand that has helped turn Nvidia Corp. into a chip titan is expected to ease...
Didi Global Plans to Delist From New York Stock Exchange
Didi Global Inc. plans to delist its shares in the U.S. and pursue a listing in Hong Kong, a dramatic...
FTC Challenges Nvidia’s $40 Billion Deal for Arm Holdings
WASHINGTON—The Federal Trade Commission on Thursday sued to block U.S. chip supplier Nvidia Corp.’s proposed landmark takeover of semiconductor-design specialist...
Appliance Business Cast Off by GE Thrives Under Chinese Ownership
LOUISVILLE, Ky.—When General Electric Co. agreed to sell its appliance unit to a Chinese manufacturer in 2016, the future wasn’t...
Chinese Property Developer Kaisa Proposes $400 Million Debt Swap
Kaisa Group Holdings Ltd., which in 2015 became one of the first Chinese developers to default abroad, warned it risked...
Elon Musk Sells $1.1 Billion in Tesla Stock
Elon Musk sold about $1.1 billion in Tesla Inc. shares on Monday as he exercised just over 2 million stock...
WSJ News Exclusive | Rivian Prices Shares at $78 in Highly Anticipated IPO
Rivian Automotive Inc. priced its highly anticipated initial public offering at $78 a share, well above its raised expectations, valuing...
General Electric to Split Into Three Public Companies
General Electric Co. said it would split into three public companies, breaking apart the more than century-old company that was...
China Evergrande Scrapes Together More Cash From Tech Company Stake Sale
SINGAPORE— China Evergrande Group raised around $145 million in recent days by selling a chunk of its shares in a...
SoftBank Suffers $54 Billion Bruise From China’s Tech Crackdown
TOKYO— SoftBank Group Corp. took a more than $50 billion beating from Beijing’s tech crackdown, but its leader said he...
BHP to Sell Controlling Stake in Two Coal Mines for Up to $1.35 Billion
ADELAIDE, Australia— BHP Group Ltd. said it would sell its controlling interest in two metallurgical coal mines to Stanmore Resources...
Elon Musk’s Twitter Poll Results Are In, Favoring Tesla Stock Sale
Twitter users said Elon Musk should sell 10% of his Tesla Inc. stock after the billionaire chief executive polled them...
New York Life’s Pitch to Entrepreneurs: Sell Life Insurance
A career in sales is a hard sell right now, and building a diverse sales force is even tougher, recruiters...
Judge Approves Request to Revamp Rogers Communications Board
A Canadian judge approved a bid by Ed Rogers to reconstruct the board at Rogers Communications Inc., escalating a family...
