The $65 Million Perk for CEOs: Personal Use of the Corporate Jet Has Soared
One of the flashiest executive perks has roared back since the onset of the pandemic: free personal travel on the...
Investing/Securities
The Companies Cutting Jobs in 2024: Here’s the List
Updated Jan. 12, 2024 2:03 pm ETListen to article(1 minute)Some companies are kicking off the new year by trimming staff...
Disney Wins Backing of Key Investor in Battle With Nelson Peltz
Updated Jan. 3, 2024 1:39 pm ETWalt Disney Co. won the support of a key shareholder in its fight with...
Macy’s Billion-Dollar Question: What’s More Valuable, Real Estate or the Business?
Updated Dec. 12, 2023 12:22 pm ETA potential buyout of Macy’s by an investor group revives an old theory: that...
Occidental to Buy CrownRock for $12 Billion as Oil Patch Consolidates
Updated Dec. 11, 2023 8:13 am ETOccidental Petroleum announced a $12 billion agreement Monday to buy West Texas producer CrownRock...
FTC Investigates Exxon’s $60 Billion Deal for Pioneer
Updated Dec. 5, 2023 5:25 pm ETU.S. antitrust enforcers are investigating Exxon Mobil’s plan to acquire Pioneer Natural Resources, which...
Why Nelson Peltz Grew Impatient With Disney’s Turnaround Efforts
The activist adds shares, while the company plans changes to ESPN, Hulu and its streaming business. Source link
Saudi Arabia Once Banned Videogames. Now, It Wants to Export Them.
Listen to article(3 minutes)RIYADH, Saudi Arabia—For years, this kingdom’s Islamic clerics waged a war on videogames, banning popular titles such...
A Mall Owner’s About-Face: Bet on America’s High-End Malls
Updated Sept. 12, 2023 12:16 am ETListen to article(2 minutes)The European owner of Westfield malls is pulling back from its...
Anti-ESG Funds Face Obstacles to Broad Investor Acceptance
One problem is defining exactly what these funds actually invest in. Source link
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
Dates, Coffee and Camels—Saudi Arabia’s Sovereign-Wealth Fund Bets Big at Home
After pumping tens of billions of dollars into global investments, the $700 billion Public Investment Fund is accelerating spending at...
Paramount to Sell Simon & Schuster to KKR for $1.62 Billion
The sale of the book publisher to the buyout firm comes less than a year after previous deal with Penguin...
Pratt & Whitney Engine Problems Lead Some Airlines to Reduce Flights
The aerospace and defense company RTX’s bet on single-aisle jetliners has run into quality and durability concerns. Source link
Your Smartphone Can Have Two Lines. Here’s Why You’d Want That.
Add a second plan for work, international travel—or just better cell reception Source link
WSJ News Exclusive | FTX Begins Talks on Reboot Amid Regulatory Crackdown on Crypto Exchanges
The failed crypto company is in initial discussions with investors about relaunching its international exchange. Source link
WSJ News Exclusive | Carlyle Names John Redett as Chief Financial Officer
The move is the first major appointment by the private-equity firm’s new chief executive officer, Harvey Schwartz. Source link
What Is Happening With Binance?
The SEC sued the largest crypto exchange and its controlling shareholder, saying they enriched themselves at investors’ expense. A look...
WSJ News Exclusive | Big Banks Could Face 20% Boost to Capital Requirements
Those relying on fees might need bigger buffers to absorb losses under planned rules. Source link
Online Banks Are Winning the Deposit War
Deposits rose recently at Ally, Goldman Sachs’s Marcus and Capital One, banks that either don’t have branch networks or have...
