Canadian Pacific’s Merger With Kansas City Southern Is Approved
BusinessSurface Transportation Board paves way for $28 billion deal, the biggest rail merger in two decades Source link
mergers
A Supermarket Megamerger Will Redefine What You Buy at the Grocery Store
Kroger and Albertsons want to merge in a $20 billion deal. If antitrust regulators approve, the definition of a grocery...
Justice Department Sues to Block JetBlue From Buying Spirit Airlines
BusinessComplaint alleges the deal would eliminate Spirit as a low-cost competitor to major carriers Source link
Tyler Perry Expressed Interest in Buying Majority Stake of BET Media Group From Paramount Global
BusinessMedia & MarketingPotential sale of part of parent of BET and VH1 would help Paramount shore up resources for streaming...
JetBlue, Spirit Brace for Justice Department Lawsuit to Block Airlines’ Merger
The airlines’ CEOs say combining their operations will ultimately benefit consumers. Source link
This Department-Store Stock Has Trounced Apple, Amazon and Tesla
Family-controlled Dillard’s has combined share buybacks with keeping costs down, inventory tight and staff engaged with “nearly fanatical” customers. Source...
WSJ News Exclusive | Altria in Talks to Buy Vaping Startup NJOY for at Least $2.75 Billion, Divest Its Stake in Juul
WSJ News ExclusiveBusinessMarlboro maker looks to buy rival e-cigarette company after struggles with Juul Source link
‘South Park’ on Paramount+ Prompts Warner Bros. Discovery Lawsuit
BusinessMedia & MarketingWarner Bros. Discovery says it paid over $500 million in 2019 to exclusively stream episodes Source link
Microsoft Signs ‘Call of Duty’ Pacts With Nintendo and Nvidia as Activision Deal Faces Scrutiny
The agreements come as regulators in the U.S. and abroad have said they are concerned the proposed $75 billion acquisition...
Blackstone’s Big New Idea Leaves It Bruised
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WSJ News Exclusive | CVS Nearing $10.5 Billion Deal for Primary-Care Provider Oak Street Health
WSJ News ExclusiveHealthThe deal would expand the health insurer and pharmacy chain’s role in medical care Source link
Newmont Proposes $17 Billion Takeover of Australia’s Newcrest Mining
BusinessU.S. gold producer makes second offer after Newcrest rejected an earlier proposal as too low Source link
Twitter Hasn’t Paid Bill, M&A Advisory Firm Says
BusinessInnisfree M&A sues Twitter for $1.9 million Source link
WSJ News Exclusive | Ryan Cohen Takes Stake in Nordstrom
The activist investor plans to urge Nordstrom to refresh its board and replace the former CEO of Bed Bath &...
Chevron Rides High Oil Prices to Record $35.5 Billion Annual Profit
The oil company banked historic profit last year as the pandemic receded and the war in Ukraine pushed oil prices...
Rupert Murdoch Withdraws Proposal to Merge Fox Corp. and News Corp
BusinessMedia & MarketingSpecial committees of the media companies’ boards had been reviewing Murdoch’s proposal Source link
Twitter Headquarters Landlord Sues Elon Musk’s Company, Alleging Unpaid Rent
The suit joins the other legal battles between the social-media company and vendors since Elon Musk acquired the business last...
Elevance to Acquire Louisiana Nonprofit Health Insurer
HealthThe company didn’t disclose terms of the deal, which could add roughly 1.9 million members Source link
Elon Musk’s Finances Complicated by Declining Wealth, Twitter Pressures
The billionaire’s borrowing power has shrunk as shares in Tesla have sharply declined. Source link
Elon Musk Says He Will Pause Selling Tesla Shares
BusinessThe Tesla CEO says a share buyback would depend on the severity of any recession Source link
