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...
Financial Performance
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...
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...
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...
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...
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...
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...
Sony’s Videogame Strategy Challenged by Microsoft’s Deal for Activision
TOKYO— Sony Group Corp. SONY -3.45% finds itself in a position many gamers could appreciate, having climbed to the highest...
WSJ News Exclusive | Activist Investor to Call on Peloton to Fire Its CEO
An activist investor wants Peloton Interactive Inc. to fire its chief executive and explore a sale after the stationary-bike maker’s...
Software Provider Globalization Partners Gets Vista Equity Backing at $4.2 Billion Valuation
Globalization Partners, a software provider that helps businesses streamline the process of hiring employees internationally, has landed new backing from...
Netflix Plunge Deepens Nasdaq’s Correction
Plunging shares of Netflix Inc. NFLX -21.79% and other streamers dragged the Nasdaq Composite Index deeper into correction territory Friday,...
Airbus Cancels Qatar Airways Plane Contract, a Rare Move Amid Growing Spat
LONDON— Airbus SE EADSY -0.53% scrapped a $6 billion jet contract with Qatar Airways Ltd., part of an escalating legal...
U.S. Existing-Home Sales Reached a 15-Year High of 6.1 Million Last Year
U.S. home sales surged to a 15-year high in 2021, powered by low borrowing rates and an intense buyer demand...
Netflix Is Expected to Log Smaller Profit as It Spends More on Content
Netflix Inc. NFLX 0.56% is banking on its large slate of entertainment to bring in new subscribers and justify its...
Sony Shares Fall Sharply After News of Microsoft Deal for Activision Blizzard
Sony’s Jim Ryan in Las Vegas earlier this month. Photo: patrick t. fallon/Agence France-Presse/Getty Images Sony Group Corp.’s SONY -7.17%...
U.S. Retail Sales Fell 1.9% in December
U.S. retail sales dropped by 1.9% in December as the Covid-19 Omicron variant and inflation surged, damping the end of...
Intel Erases Reference to China’s Xinjiang After Social-Media Backlash
SINGAPORE—Intel Corp. removed references to the Chinese region of Xinjiang from an open letter it sent suppliers last month, after...
Americans’ Finances Got Stronger in the Pandemic—Confounding Early Fears
The Covid-19 pandemic threatened to ruin Americans’ finances. For many, the opposite happened.Though initial shutdowns caused unemployment to surge to...
