Elon Musk Alleges Twitter Fraud in Countersuit Filed in Delaware
Elon Musk accused Twitter Inc. TWTR 0.15% of fraud, saying the company misrepresented the condition of its business and key...
Ownership Changes
Airbus Scraps Qatar Airways Jet Deal Amid Paint Spat
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
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
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
WASHINGTON—Trial proceedings kicked off in the Justice Department’s antitrust challenge to Penguin Random House’s planned acquisition of rival publisher Simon...
Celsius Energy Drink Gets $550 Million Investment From PepsiCo
Celsius is a sugar-free, caffeinated beverage that markets itself as a healthy alternative to other energy drinks. Photo: John Parra/Getty...
JetBlue Agrees to Buy Spirit Airlines for $3.8 Billion After Frontier Deal Dies
JetBlue will pay $33.50 in cash for each share of Spirit, including a prepayment of $2.50 a share payable once...
Spirit and Frontier End Merger Agreement
Spirit shareholders had been resistant to a Frontier deal amid a bidding war with JetBlue. Photo: Eva Marie Uzcategui/Bloomberg News...
T-Mobile Posts Strong Gains in Wireless Customers, Raises Outlook
T-Mobile US Inc. TMUS 3.80% posted a steep second-quarter loss as costs tied to its network overhaul and legal expenses...
Amazon to Buy One Medical for $3.9 Billion in Healthcare Deal
One Medical offers healthcare services in person and provides access to virtual care. A One Medical practice in Park Slope,...
Twitter-Musk Trial Set for October in Lawsuit Over Stalled $44 Billion Takeover
Chancellor Kathaleen St. Jude McCormick, the chief judge of the Delaware Chancery Court, ordered a five-day trial in October, over...
Twitter Says Elon Musk’s Opposition to Expedited Trial Is a Tactical Delay
Twitter Inc. called Elon Musk’s opposition to a speedy trial for its case against the billionaire a tactical delay and...
Elon Musk Fires Back at Twitter Lawsuit
Lawyers for Mr. Musk filed papers with the Delaware Chancery Court, their first public response to the lawsuit filed earlier...
WSJ News Exclusive | Merck Deal for Seagen Seen as Unlikely by Earnings Release
Merck & Co.’s roughly $40 billion deal for Seagen Inc. is unlikely to be finalized ahead of the pharmaceutical giant’s...
Volkswagen to Keep Factory Running in China’s Xinjiang Region
HONG KONG— Volkswagen AG VOW 3.45% reiterated a commitment to producing vehicles in China’s western region of Xinjiang, an area...
WSJ News Exclusive | Amazon Has Been Slashing Private-Label Selection Amid Weak Sales
Amazon.com Inc. AMZN 0.21% has started drastically reducing the number of items it sells under its own brands, and the...
Twitter Lawsuit Adds to Musk’s Tesla and SpaceX Challenges
Tesla and SpaceX didn’t respond to requests for comment. Tesla, still the world’s most valuable auto maker by far, earlier...
Twitter Sues Elon Musk to Enforce $44 Billion Merger
Twitter Inc. TWTR 4.32% sued Elon Musk over the billionaire’s attempt to walk away from his $44 billion takeover bid,...
Frontier Asks Spirit Airlines to Further Delay Shareholder Vote on Deal
Frontier ULCC -0.23% Group Holdings Inc. said it is done bidding against rival JetBlue JBLU -2.25% Airways Corp. for Spirit...
Twitter Didn’t Seek a Sale. Now Elon Musk Doesn’t Want to Buy. Cue Strange Legal Drama.
Elon Musk’s showdown with Twitter Inc. TWTR -5.10% has set the stage for what could become one of the most...
