Citrix Systems to Go Private in Deal Valued at $16.5 Billion, Including Debt
Citrix Systems Inc. CTXS -3.81% will be taken private in an all-cash acquisition valued at $16.5 billion, including debt, making...
Corporate/Industrial News
Elliott and Vista Near Deal to Buy Citrix Systems
Elliott Management Corp.’s private-equity arm, Evergreen Coast Capital, and Vista Equity Partners are near an agreement to pay $104 a...
Bed Bath & Beyond Decluttered Its Stores and Ended Up Frustrating Shoppers
Those moves, led by Chief Executive Officer Mark Tritton, ended up making the home-goods chain vulnerable to supply-chain problems that...
Spotify Publishes Content Policy, Covid-19 Hub in Response to Joe Rogan Controversy
“We know we have a critical role to play in supporting creator expression while balancing it with the safety of...
What CEOs Are Saying About Inflation: ‘The World Has Changed’
This is what some of the world’s corporate leaders said on their quarterly earnings calls this week about what they...
Deadly Mining Disaster Still Tests Vale Three Years Later
Costs related to the incident have continued to rack up, Brazilian authorities have been slow to permit further mining amid...
U.S., EU Sanctions on Russia Could Ensnarl Western Oil Companies
LONDON—Some of the West’s biggest oil companies could find themselves in the crosshairs of sanctions now being drafted by their...
Tesla Is the Latest Entrant Into the Carpool Karaoke Competition
Chinese consumers on Friday gave an ovation to Tesla Inc., TSLA 2.08% a new seller of karaoke microphones for singing...
The Mentors Who Helped Ulta Beauty’s Unlikely CEO Succeed
In Personal Board of Directors, top business leaders talk about the people they turn to for advice, and how those...
Shopify Denies Allegations in Textbook Pirating Lawsuit
Shopify Inc. SHOP 6.92% denied that it is liable for alleged copyright and trademark infringement by online sellers using its...
Chevron Rakes in $15.6 Billion in Annual Profits as Oil Prices Climb
Chevron Corp. had its most profitable year since 2014, reporting Friday that it earned $15.6 billion in net income in...
SoftBank COO Marcelo Claure to Leave as Stock Hits a Rough Patch
SoftBank Group Corp. 9984 2.20% said Chief Operating Officer Marcelo Claure, who helped clean up problems at the firm’s investments...
Biogen to Sell Biosimilar-Venture Stake to Partner Samsung Biologics
Biogen Inc. is selling its share in biosimilar joint venture Samsung Bioepis for at least $2.25 billion to partner Samsung...
Southwest Turns Quarterly Profit, Says Worst of Omicron Is Over
The Dallas-based airline on Thursday posted a fourth-quarter profit of $68 million, up from a loss of $908 million a...
AMD’s Planned Purchase of Xilinx Clears Last Big Regulatory Hurdle
TOKYO—Chinese authorities approved U.S. chip maker Advanced Micro Devices Inc.’s AMD -2.47% planned $35 billion purchase of Xilinx Inc., XLNX...
Fed Interest-Rate Decision Tees Up March Increase
The Federal Reserve signaled it would begin steadily raising interest rates in mid-March, its latest step toward removing stimulus to...
Tesla Posts Record Annual Profit
Tesla Inc. TSLA 2.07% cruised to a record annual profit but cautioned that the supply-chain disruptions that dogged auto makers...
Abbott’s Rapid Covid-19 Tests Boost Quarterly Sales Growth
Abbott Laboratories, ABT -2.53% one of America’s largest producers of rapid tests for Covid-19, said that testing-related sales were $2.3...
Chip Shortage Leaves U.S. Companies Dangerously Low on Semiconductors, Report Says
WASHINGTON—U.S. manufacturers and other companies that use semiconductors are down to less than five days of inventory for key chips,...
Microsoft Earnings Grew Last Quarter With Demand for Cloud Services
Microsoft Corp. MSFT -2.66% said its earnings continued to grow last quarter as its cloud-services business stayed strong.On Tuesday, the...
