China’s Startups Are Awash With Money as Beijing Shifts Focus to ‘Hard Tech’
Unlike in previous years, when most Chinese tech funding went to internet startups in e-commerce, the bulk of the money...
Private Equity
Planet Fitness to Buy Franchisee Sunshine Fitness for $800 Million
A Planet Fitness staffer in Inglewood, Calif., preparing for reopening last year after being closed for the Covid-19 pandemic. Photo:...
Candle Media Buys Stake in Media Company Co-Founded by Will Smith and Jada Pinkett Smith
Candle Media, a firm led by two former Walt Disney Co. executives, has agreed to buy a stake in Will...
A Booming Startup Market Prompts an Investment Rush for Ever-Younger Companies
Blank Street has a simple business: It sells coffee—sometimes in carts, usually in small stores. It launched its first location...
3G Capital Diversifies Away From Food With Hunter Douglas Deal
3G Capital has agreed to buy a majority stake in Dutch window-coverings maker Hunter Douglas HDG 69.82% NV in a...
KKR and BMG Buy Into ZZ Top’s Music
KKR & Co. Inc. and BMG are betting on ZZ Top. The investment firm and music company have acquired all...
U.S. Travel Hit Pandemic High Ahead of Thanksgiving Holiday
Flights have been packed but relatively painless during the week of Thanksgiving, the first major test since airlines took steps...
American Airlines’ Flight Cancellations Are Latest to Disrupt Travel
American Airlines Group Inc. scrubbed more than 1,900 flights over the weekend, the latest in a series of cancellations to...
WSJ News Exclusive | Catalent to Buy Supplement Maker Bettera Holdings for $1 Billion
Contract drug manufacturer Catalent Inc. is expected to announce Monday that it has agreed to buy closely held Bettera Holdings...
WSJ News Exclusive | Boeing Plans Investment in Virgin Orbit’s $3.2 Billion SPAC Listing
Richard Branson’s Virgin Orbit said Boeing Co. will invest in the satellite-launching startup’s planned $3.2 billion SPAC listing later this...
WSJ News Exclusive | Hyatt Plans to Buy Apple Leisure Group From KKR and KSL Capital for $2.7 Billion
Hyatt Hotels Corp. plans to buy resort company Apple Leisure Group from its private-equity owners for $2.7 billion including any...
Tech Startup Financing Hits Records as Giant Funds Dwarf Venture Capitalists
Big money-management firms expanded their dominance in Silicon Valley last quarter, crowding out venture capitalists in a once-niche business and...
Nextdoor to Go Public in SPAC Merger Valuing Social Network at $4.3 Billion
Nextdoor Inc. is merging with a special-purpose acquisition company to go public in a deal valuing the social-media network at...
