J&J Hit With $4.7 Billion Jury Verdict in Baby Powder Suit - Wall Street Journal
Wall Street JournalJ&J Hit With $4.7 Billion Jury Verdict in Baby Powder SuitWall Str.....»»
Extended Stay"s stock soars after WSJ report of $6 billion buyout deal with Blackstone, Starwood
Shares of Extended Stay America Inc. soared 15.9% toward a 2-year in premarket trading Monday, after The Wall Street Journal reported that the hotel operator has agreed to be acquired by Blackstone Group and Starwoo.....»»
The Wall Street Journal: Ride-hailing startup Grab is in talks to go public through SPAC merger
Grab Holdings Inc. is in talks to go public through a merger with a SPAC that could value the Southeast Asian ride-hailing startup at as much as $40 billion, making it by far the largest such deal on record......»»
The Wall Street Journal: SoftBank Vision Fund injected at least $400 million into Greensill Capital in late 2020
The infusion of cash was in addition to the $1.5 billion the Vision Fund had invested in Greensill in 2019......»»
The Wall Street Journal: Texas overcharged $16 billion for power during last month’s crisis, monitor says
An independent market monitor said the Texas power-grid operator made a critical mistake that resulted in $16 billion in electricity overcharges last month, and recommended that the charges be reversed......»»
The Wall Street Journal: M&T Bank nears $7 billion deal to buy People’s United
M&T Bank Corp. is nearing a deal to buy People’s United Financial Inc. for more than $7 billion, according to people familiar with the matter, in the latest in a string of regional-bank tie-ups......»»
The Wall Street Journal: Reddit valued at $6 billion after new funding round
Reddit Inc. doubled its valuation to $6 billion in a new round of funding that comes as the social-media company has added users through the COVID-19 pandemic and more recently has gained attention for its role in the recent Wall Street trading frenzy......»»
The Wall Street Journal: Fox Business cancels Lou Dobbs show after anchor was named in voting-machine lawsuit
Fox Business has canceled “Lou Dobbs Tonight,” one of its consistently highest-rated shows, a day after its host was named as a defendant in a $2.7 billion defamation lawsuit......»»
The Wall Street Journal: TikTok rival Kuaishou soars in Hong Kong IPO
Shares in Kuaishou Technology nearly tripled from their IPO price in early trading Friday, implying a market value of more than $160 billion, versus nearly $61 billion when the share sale was priced......»»
The Wall Street Journal: NCR nears deal to buy Cardtronics for around $1.7 billion
NCR Corp. is nearing a deal to buy Cardtronics PLC after outbidding a pair of investment firms that had earlier agreed to buy the ATM operator......»»
Samsung Plans To Spend Up To $17B On Chip-Making Factory In US: WSJ
Samsung is considering investing around $17 billion to build a chip-making factory in the US, the Wall Street Journal has reported. read more.....»»
The Wall Street Journal: Pence seeks dismissal of Gohmert suit empowering his rejection of election result
Vice President Mike Pence asked a .....»»
The Wall Street Journal: Pence seeks dismissal of suit seeking to allow him to overturn election results
Vice President Mike Pence asked a .....»»
The Wall Street Journal: Facebook, Google agreed to team up to fight antitrust suit, draft lawsuit claims
Facebook Inc. .....»»
The Wall Street Journal: Vista Equity to buy educational-software maker Pluralsight for $3.5 billion
Private-equity firm Vista Equity Partners agreed to buy educational-software maker Pluralsight Inc., according to people familiar with the matter......»»
The Wall Street Journal: Taiwan Semiconductor to build $12 billion chip factory in Arizona
Taiwan Semiconductor Manufacturing Co., the world’s largest contract manufacturer of silicon chips, said Friday it would spend $12 billion to build a chip factory in Arizona, as U.S. concerns grow about dependence on Asia for the critical technology......»»
The Wall Street Journal: U.S. regulators won’t approve Chinese firm’s N95 masks, potentially scuttling $1 billion California deal
U.S. authorities denied initial regulatory approval for N95 masks from BYD Co., a Chinese company that had secured huge orders for the protective gear including a $1 billion deal with authorities in California......»»
The Wall Street Journal: WeWork co-founder Adam Neumann sues SoftBank over collapse of $3 billion deal
WeWork’s co-founder and former chief executive Adam Neumann sued SoftBank Group Corp., accusing the Japanese technology group of breaking a key provision of a deal that gave SoftBank control of the shared-office-space company......»»
Hertz hires advisers to roll debt: report
Hertz Global Holdings Inc. has hired lawyers and investment bankers as advisers as it tries to renegotiate its $17 billion of debt, according to a report Friday on The Wall Street Journal that cited people familiar with the matter. Her.....»»
J.C. Penney seeking around $1 billion in bankruptcy funding: report
J.C. Penney Co. Inc. is in advanced talks for bankruptcy funding, and is seeking a loan package of $800 million to $1 billion, the Wall Street Journal reported Thursday night. The.....»»
Expedia nearing deal to sell stake to Silver Lake and Apollo: WSJ
Online travel services company Expedia Group Inc is in advanced talks to sell a stake to private-equity firms Silver Lake Partners and Apollo Global Management Inc for about $1 billion, the Wall Street Journal reported on Tuesday......»»