Thomson Reuters Buys Majority Stake in Pagero
Thomson Reuters said it has bought a majority stake in the Pagero Group, taking it closer toward full control of...
Ownership Changes
After Big Tesla Bet, Hertz Selling One-Third of EV Fleet
Updated Jan. 11, 2024 10:59 am ETHertz is selling about a third of its global electric vehicle fleet, citing weaker...
Chesapeake Energy, Southwestern Energy Sign Merger Agreement
Chesapeake Energy and Southwestern Energy have agreed to merge in an all stock-transaction valued at $7.4 billion that is aimed...
WSJ News Exclusive | Fisker Ditches Tesla-Style Direct-Sales Model in Favor of Dealerships
The electric-vehicle startup Fisker is abandoning a direct-to-consumer sales model in the U.S. in favor of using traditional dealerships, after...
WSJ News Exclusive | Activision Blizzard to Pay More Than $50 Million to Settle Lawsuit That Spurred Microsoft’s Takeover
Updated Dec. 15, 2023 10:35 pm ETActivision Blizzard has agreed to pay more than $50 million to settle a high-profile...
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...
TikTok to Invest More Than $1.5 Billion in GoTo to Restart Indonesia E-Commerce Business
Updated Dec. 11, 2023 4:29 am ETBytedance’s TikTok will invest more than $1.5 billion in a deal with GoTo Group...
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...
P&G Bought Gillette 18 Years Ago. It’s Still Paying the Price.
Updated Dec. 5, 2023 4:45 pm ETProcter & Gamble said it was booking a $1.3 billion charge on its Gillette...
GM Plans $10 Billion Stock Buyback in Bid to Assuage Investors
Updated Nov. 29, 2023 8:59 am ETGeneral Motors plans to sharply increase cash return to shareholders, as Chief Executive Mary...
America’s Mortgage King Also Wants an NBA Crown—Right Now
Listen to article(1 minute)When the Phoenix Suns played the Detroit Pistons early this month, Mat Ishbia’s fingerprints were everywhere.He bought...
Glencore-Led Group to Buy Teck’s Coal Business
Updated Nov. 14, 2023 5:10 am ETCanadian miner Teck Resources said it is selling its coal assets to a group...
WSJ News Exclusive | Disney Plots Future of Its Traditional TV Networks
Disney is examining whether its future should include fewer television networks.After Chief Executive Bob Iger said last summer that some...
This CEO Just Bet $1 Million on Herself
Kate Johnson is betting nearly $1 million that the investors fleeing her company are wrong.Johnson bought 1 million shares of...
An American Family Oil Dynasty Ends as Hess Sells
Listen to article(2 minutes)One of the first things you notice when entering the Hess Tower in downtown Houston is the...
Exxon, Chevron Invest in the West as Global Conflicts Increase
Updated Oct. 25, 2023 12:01 am ETListen to article(2 minutes)As the world becomes more dangerous, the two largest Western crude...
Chevron to Buy Hess for $53 Billion
Updated Oct. 23, 2023 10:12 am ETChevron said it would buy Hess in an all-stock deal worth $53 billion, the...
Roche to Buy Bowel-Disease Drug From Roivant, Pfizer for More Than $7 Billion
Updated Oct. 23, 2023 6:55 am ETRoche Holding has agreed to buy the developer of a bowel-disease treatment from Roivant...
Tim Cook Can’t Make iPhones Without This Chinese Company and Its CEO
Updated Oct. 23, 2023 4:12 am ETAt a time when Apple is generally trying to depend less on China, the...
WSJ News Exclusive | ‘Wait, Netflix Has Games?’ Streaming Giant Plans New Videogames Based on Its Hit Shows
Updated Oct. 16, 2023 1:11 pm ETLast year Netflix put up a billboard on Los Angeles’s Sunset Boulevard to poke...
