mergers

Amazon to Shut Down Amazon Care Telehealth Unit

HS 25/08/2022

Amazon. com Inc. is closing a telehealth service it built in-house for employees and businesses as the company looks to...

Federal Trade Commission Drops Mark Zuckerberg From Antitrust Lawsuit

HS 24/08/2022

Meta Platforms had asked the Federal Trade Commission to remove Mark Zuckerberg from a lawsuit filed to block it from...

Elon Musk’s Lawyers Seek Documents From Former Twitter Chief Jack Dorsey

HS 23/08/2022

Elon Musk’s lawyers have sent a subpoena to Jack Dorsey, the first indication that Twitter Inc.’s TWTR -2.23% co-founder and...

Meme Lord Ryan Cohen Unloads Bed Bath & Beyond Bet, Sending Shares Spiraling

HS 19/08/2022

Billionaire investor Ryan Cohen cashed out his entire position in Bed Bath & Beyond Inc. BBBY -19.63% this week, capping...

BHP Earnings Nearly Triple as Coal Prices Run Hot

HS 16/08/2022

ADELAIDE, Australia—BHP Group Ltd. said its annual profit nearly tripled as it benefited from the sale of its petroleum business...

SoftBank to Reduce Alibaba Stake, Expects $34 Billion in Gains

HS 11/08/2022

Masayoshi Son is scaling back one of the greatest bets in tech history.The technology investor’s SoftBank Group Corp. said it...

Elon Musk Sells Nearly $7 Billion Worth of Tesla Stock Amid Twitter Uncertainty

HS 10/08/2022

Elon Musk sold nearly $7 billion worth of Tesla Inc. TSLA -2.44% stock in recent days, regulatory disclosures show, amid...

Pfizer Agrees to $5.4 Billion Deal for Global Blood Therapeutics

HS 08/08/2022

Pfizer Inc. has agreed to buy Global Blood Therapeutics Inc. for $5.4 billion, in a deal that would give the...

WSJ News Exclusive | Pfizer in Advanced Talks to Buy Global Blood Therapeutics for About $5 Billion

HS 06/08/2022

Pfizer Inc. PFE -1.18% is in advanced talks to buy Global Blood Therapeutics Inc., GBT 33.03% the maker of a...

Elon Musk Alleges Twitter Fraud in Countersuit Filed in Delaware

HS 05/08/2022

Elon Musk accused Twitter Inc. TWTR 0.15% of fraud, saying the company misrepresented the condition of its business and key...

Airbus Scraps Qatar Airways Jet Deal Amid Paint Spat

HS 03/08/2022

Airbus EADSY 1.94% SE has scrapped a deal valued at billions of dollars to supply Qatar Airways with 19 of...

Reliance’s $11 Billion Bid Wins Lion’s Share of 5G Spectrum in India Auction

HS 02/08/2022

NEW DELHI—Reliance Group emerged as the biggest buyer in the Indian government’s first auction of 5G spectrum, offering about $11...

Activision Blizzard Profit Slumps as Sales Shrink

HS 02/08/2022

The videogame publisher’s adjusted per-share earnings slipped from the year-ago period but met analysts’ estimates. Photo: Sergio Flores/Bloomberg News Activision...

Trial Begins in Justice Department’s Bid to Block Book Publishing Merger

HS 01/08/2022

WASHINGTON—Trial proceedings kicked off in the Justice Department’s antitrust challenge to Penguin Random House’s planned acquisition of rival publisher Simon...