EV Startup VinFast’s Market Debut Pushes Value Higher Than GM, Ford
Shares in the Vietnamese electric car company more than tripled in its first day of trading, giving it a roughly...
Corporate Actions
China Torpedoes Intel’s Bid to Buy Israeli Chip Maker Tower Semiconductor
Intel scrapped its more-than-$5 billion offer to buy Tower after Chinese regulators failed to approve the deal in time, the...
WSJ News Exclusive | Movie Financier TSG Accuses Disney of Depriving It of Millions of Dollars
TSG Entertainment, which helped finance hits including “Avatar: The Way of Water” for Twentieth Century Fox, is suing the studio...
Biden Restricts U.S. Investment in China
The executive order also requires U.S. private-equity and venture-capital firms to disclose certain investments in the country. Source link
Space Companies Struggle to Meet Lofty Goals
Newer industry players are cutting jobs, trimming spending and reining in plans. Source link
Why Trucking Giant Yellow’s Shutdown Could Cost Taxpayers Money
Whether the federal government recovers the money it lent Yellow at the height of the pandemic would likely depend on...
The Fall of a Trucking Giant: Why Yellow Is on the Verge of Collapse
One of the oldest and biggest U.S. trucking businesses has been wrecked by a string of mergers that left it...
Biogen Buying Rare-Disease Drugmaker in $7.3 Billion Deal
The deal would bolster the biotech company’s portfolio of treatments for neuromuscular and rare diseases. Source link
Exxon and Chevron Stalk More Shale Deals as Profits Dip
The oil giants together added $14 billion in profits to their cash piles and have signaled they’re not finished shopping...
Weaker Energy Prices Temper Shell’s Profit, but Not Cash Payouts for Investors
The oil major boosted its dividend and added a $3 billion buyback in its first quarterly results release since its...
FTC Pauses Effort to Block Microsoft-Activision Deal
What to Read Next Source link
Microsoft and Activision Blizzard Extend $75 Billion Merger Deadline
The extension, until mid-October, allows the companies to continue with efforts to gain regulatory approval in the U.K. Source link
Microsoft and Activision Blizzard Still Committed to $75 Billion Merger
The companies plan to continue work to resolve lingering regulatory issues. Source link
Call of Duty Will Stay on PlayStation After Microsoft-Activision Deal
What to Read Next Source link
FTC Loses Latest Bid to Halt Microsoft-Activision Merger
An appeals court ruling clears a path for the $75 billion acquisition to close while litigation continues. Source link
Eli Lilly to Acquire Obesity-Treatment Maker Versanis
Versanis shareholders could receive as much as $1.925 billion in cash, in an upfront payment and additional payments if certain...
FTC Continues Fight to Block Microsoft’s $75 Billion Deal for Activision
What to Read Next Source link
Microsoft’s Court Win Puts U.K. Regulator in Challenging Spot Over Activision Deal
Britain’s antitrust watchdog, the only major regulator preventing the deal from closing, says it is ready to consider a new...
Lina Khan Is Taking on the World’s Biggest Tech Companies—and Losing
The FTC chair’s court loss against Microsoft, which the agency is appealing, marks another setback in her fight to block...
Microsoft Can Close Its $75 Billion Buy of Activision Blizzard, Judge Rules
The companies can complete the deal before a Federal Trade Commission hearing that is scheduled for August. Source link
