Fed Dials Back Bond Purchases, Plots End to Stimulus by June
The central bank approved plans to begin scaling back its bond-buying stimulus program this month and end it by June,...
Corporate Actions
WSJ News Exclusive | DuPont Plans Moves That Would Remake Chemicals Company
DuPont de Nemours Inc. is planning deals that would remake the famed chemicals company, according to people familiar with the...
WSJ News Exclusive | Rivian Automotive Targets IPO Valuation Just Above $60 Billion
Rivian Automotive Inc. is seeking a valuation in a range just above $60 billion in its initial public offering next...
WSJ News Exclusive | Coke to Pay $5.6 Billion for Full Control of BodyArmor
Coca-Cola Co. is buying full control of BodyArmor for $5.6 billion in a deal that values the sports drink brand...
GE’s Profits Rise but Sales Miss Forecasts
General Electric Co. GE 1.20% reported stronger profits as cost cutting offset lower-than-expected sales of its industrial equipment in the...
Hertz Orders 100,000 Teslas, Part of Plan to Electrify Rental-Car Fleet
Hertz Global Holdings Inc. HTZZ 7.33% said it has ordered 100,000 vehicles from Tesla Inc. TSLA 11.17% to stock its...
WSJ News Exclusive | Mark Cuban-Owned Company Launches Pharmacy-Benefit Manager
A pair of new companies are being launched to tackle high drug costs, the latest sign of employer frustration with...
Chipotle’s Profit More Than Doubles as Chain’s Burritos Get Pricier
Chipotle Mexican Grill Inc. said higher menu prices helped boost its profit as the burrito chain deals with increased labor...
WeWork Shares Rise on First Day of Trading, Two Years After Failed IPO
WeWork Inc. shares rose on their first day of trading Thursday, capping a journey to a listing that included the...
Procter & Gamble to Raise Prices on More Staples
Procter & Gamble Co. PG -1.44% is raising prices on a host of household staples as costs for freight and...
Springer Replaces Bild Editor
BERLIN—German publisher Axel Springer SE on Monday said it had replaced the editor in chief of its Bild tabloid, Europe’s...
Zillow Gets Outplayed at Its Own Game
Zillow, it seems, has over-flipped. The company that has prided itself on its technology to outsource a lot of human...
Toyota, Stellantis to Build EV-Battery Factories in the U.S.
Toyota Motor Corp. and Jeep parent Stellantis NV said separately Monday they would build battery factories in the U.S., the...
WSJ News Exclusive | Saks E-Commerce Unit Begins IPO Preparations
The fast-growing e-commerce business of luxury retailer Saks Fifth Avenue is aiming to go public soon at a valuation roughly...
WSJ News Exclusive | Politico’s New Owner Plans to Grow Staff, Launch Paywall
BERLIN—Axel Springer SE plans to eventually put Politico’s content behind a paywall and immediately boost the political-news publisher’s head count...
WSJ News Exclusive | Catalent to Buy Supplement Maker Bettera Holdings for $1 Billion
Contract drug manufacturer Catalent Inc. is expected to announce Monday that it has agreed to buy closely held Bettera Holdings...
WSJ News Exclusive | ESPN Explores Sports-Betting Deal Worth at Least $3 Billion
Walt Disney Co. ’s ESPN is seeking to license its brand to major sports-betting companies for at least $3 billion...
Apple Set to Let App Developers Alert Users to Alternate Payment Methods
Apple Inc. on Thursday announced changes to its App Store regulations that will allow software developers to tell customers how...
WSJ News Exclusive | Boeing Plans Investment in Virgin Orbit’s $3.2 Billion SPAC Listing
Richard Branson’s Virgin Orbit said Boeing Co. will invest in the satellite-launching startup’s planned $3.2 billion SPAC listing later this...
Topps SPAC Merger Collapses After Loss of MLB Trading-Card Deal
Topps Co.’s plan to go public in a blank-check merger has been derailed by new exclusive contracts that Major League...
