WSJ News Exclusive | Apollo Global-Led Group Nears Deal to Buy Arconic
The firms are set to pay $30 a share, or about $3 billion, for the industrial-parts manufacturer, according to people...
Ownership Changes
WSJ News Exclusive | Lyft to Cut at Least 1,200 Jobs in New Round of Layoffs to Reduce Costs
ShareListen(2 min) Source link
WSJ News Exclusive | Parler Set to Be Shut Down Temporarily by New Owner
Social network popular with conservatives will be sold for an undisclosed amount and overhauled for a relaunch. Source link
Richard Branson’s Space Company Virgin Orbit Files for Bankruptcy
MarketsFinanceThe company says it is working toward finding a buyer for a once star player in the billionaire’s portfolio Source...
Glencore Returns to Acquisitions With Offer for Teck Resources
BusinessCanadian miner rejects unsolicited offer from Swiss-based commodity company Source link
WSJ News Exclusive | NFL, RedBird Team Up to Distribute Sunday Ticket Games to Bars, Restaurants
WSJ News ExclusiveMedia & MarketingSunday Ticket was previously the remit of DirecTV, and YouTube recently acquired residential rights for popular...
Elon Musk Offers Employees Stock Grants Valuing Twitter at About $20 Billion
TechNew stock will start to vest after six months, according to an email Source link
Ford Says It Will Lose $3 Billion on EVs This Year as It Touts Startup Mentality
The auto maker says it wants to give investors more visibility into the performance of its three business units. Source...
China Says It Opposes a Forced Sale of TikTok
Beijing responded for the first time to a Biden administration demand that the short-video app divest itself from its Chinese...
Trucking Giant Knight-Swift Transportation to Buy U.S. Xpress
Logistics ReportThe acquisition at four times Monday’s closing stock price for the rival carrier will boost Knight-Swift’s fleet to about...
Credit Suisse, the Risk-Taking Swiss Banking Giant, Succumbs to Crisis
The bank’s agreement to be bought by rival UBS marks the end of 167 years as an independent institutionUBS agreed...
UBS Close to Deal to Buy Credit Suisse for Over $2 Billion
MarketsFinanceDeal is part of effort to prevent further erosion of confidence in banking system Source link
How Goldman’s Plan to Shore Up Silicon Valley Bank Crumbled
Silicon Valley Bank executives went to Goldman Sachs Group Inc. in late February looking for advice: They needed to raise...
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
WSJ News Exclusive | Amazon, Rivian in Talks to End Exclusivity Part of Delivery-Van Pact
The online retailer has notified the EV maker that it wants to buy about 10,000 vans this year, which is...
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...
