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 Services
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...
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...
Unilever Plans Job Cuts as Activist Investor Trian Takes Stake
Unilever UL 8.58% PLC plans to cut thousands of jobs as part of a reorganization aimed at speeding up its...
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...
Winter Olympics Sponsors Caught Between Beijing, U.S.
With less than two weeks to go before the start of the Winter Games in Beijing, several Olympics sponsors are...
WSJ News Exclusive | Empty Private Jet Flights Hastened Credit Suisse Chairman António Horta-Osório’s Downfall
After relocating to Zurich last spring to run Credit Suisse Group AG CS -1.83% as chairman, António Horta-Osório flew to...
China Notifies Firms of Tougher Investment Rules for Big Tech
SINGAPORE—China has notified some companies of new rules that require the country’s biggest internet firms to seek approval for investment...
Credit Suisse Chairman to Leave After Breaking Covid Travel Rules
Credit Suisse Group AG CS 0.38% Chairman António Horta-Osório is leaving the global bank following a board investigation into his...
Citigroup Sticks With Its Covid-19 Vaccine Mandate, While GE Drops Its Rules
Citigroup Inc. C -1.25% is sticking with its Covid-19 vaccine mandate for its U.S. workers. General Electric Co. GE 0.68%...
Some Starbucks, Chipotle Sites Cut Hours, Limit Seating Over Omicron
Diners are feeling a sense of déjà vu as restaurants are again selling food for takeout only, closing dining-room seating...
Elon Musk Says Tesla Is Accepting Dogecoin for Some Merchandise
Elon Musk said Tesla Inc. TSLA -6.75% is accepting payment for some merchandise with dogecoin, a return for the electric-vehicle...
China’s Startups Are Awash With Money as Beijing Shifts Focus to ‘Hard Tech’
Unlike in previous years, when most Chinese tech funding went to internet startups in e-commerce, the bulk of the money...
Medicare to Pay for Biogen’s New Alzheimer’s Drug in Clinical-Trial Patients
Medicare officials said they would cover Biogen Inc.’s BIIB 2.64% controversial Alzheimer’s disease drug Aduhelm on the condition that patients...
Planet Fitness to Buy Franchisee Sunshine Fitness for $800 Million
A Planet Fitness staffer in Inglewood, Calif., preparing for reopening last year after being closed for the Covid-19 pandemic. Photo:...
Hungry for Chips, Huawei Invests in Chinese Companies That Make Them
HONG KONG—Blocked by the U.S. from buying many of the chips it needs, Huawei Technologies Co. is stepping up investments...
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...
Candle Media Buys Stake in Media Company Co-Founded by Will Smith and Jada Pinkett Smith
Candle Media, a firm led by two former Walt Disney Co. executives, has agreed to buy a stake in Will...
Trump-Appointed Chairman’s Resignation Hands Control of FDIC to Democrats
WASHINGTON—Jelena McWilliams’s decision to resign as chairman of the Federal Deposit Insurance Corp. paves the way for Democrats to gain...
A Booming Startup Market Prompts an Investment Rush for Ever-Younger Companies
Blank Street has a simple business: It sells coffee—sometimes in carts, usually in small stores. It launched its first location...
