The Wall Street Journal: Hurricane Michael leaves trail of devastation; 1 million without power

Oracle co-founder and Chairman Larry Ellison has bought an $80 million mansion in North Palm Beach, Florida, the Wall Street Journal reported, citing two people familiar with the deal.  It’s been a good week for Ellison. His net worth hit $.....»»

SoftBank Group Corp. is investing $500 million in mortgage lender Better as the Japanese investing giant seeks to ride a wave of swelling startup valuations......»»

Corning Inc. is planning to increase production of glass vials for COVID-19 vaccines by 50% from prior targets, after receiving more federal funding, the Wall Street Journal reported on Friday. The glass maker is now expe.....»»

News Corp announced Thursday a deal to buy Investor's Business Daily for $275 million from O'Neil Capital Management. News Corp is the parent company of MarketWatch and the Wall Street Journal publisher Dow Jones. Investor's Busin.....»»

Self-driving company TuSimple Inc. unveiled paperwork for its initial public offering Tuesday showing it has lost more than $300 million over the past three years in the race to be the first to launch fully autonomous long-haul trucks......»»

Democrats and Republicans sparred Monday over statehood for Washington, D.C., with proponents saying residents were due full voting rights and critics calling it a partisan power grab and arguing the city’s unique status raised constitutional hurdles......»»

The infusion of cash was in addition to the $1.5 billion the Vision Fund had invested in Greensill in 2019......»»

Talk isn’t cheap when it comes to Oprah Winfrey, Prince Harry and Duchess of Sussex Meghan Markle......»»

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......»»

WeWork’s co-founder Adam Neumann is set to benefit from a $50 million bonanza along with other benefits as a part of a settlement agreement with SoftBank Group Corp (OTC: SFTBY), the Wall Street Journal read more.....»»

The midair breakdown of a jet engine that spewed a trail of metal over a Colorado town is putting regulatory focus on the design and strength of engine coverings......»»

The New York attorney general’s office settled Tuesday a nearly two-year investigation into the finances and corporate practices of the companies that operates the Bitfinex cryptocurrency exchange and the stablecoin tether......»»

Consulting giant McKinsey & Co. has reached a $573 million settlement with states over its work advising OxyContin maker Purdue Pharma LP and other drug manufacturers to aggressively market opioid painkillers, according to people familiar with the matter......»»

The GameStop surge is often cast as a triumph of amateurs over professionals. Which it was, to a degree. But it also was a trade that pitted professionals against other professionals......»»

Goldman Sachs Group Inc. slashed Chief Executive David Solomon’s 2020 pay by 36%, punishment for the bank’s admission last year that it broke U.S. laws in its dealings with an investment fund at the heart of a global corruption ring......»»

Senate Minority Leader Mitch McConnell said that he is ready to move ahead with a Senate power-sharing agreement after two Democratic senators said they won’t support ending the legislative filibuster, a central sticking point for the GOP in the talks......»»

Trump's No. 2 met with leaders of agencies in charge of security for the Jan. 20 inauguration of Democrat Joe Biden......»»

The U.S. Chamber of Commerce, which represents more than 3 million businesses of various industries, sizes and regions, also urged Congress on Monday to certify Mr. Biden’s victory and for the Trump administration to facilitate an orderly transition.....»»

Tesla Inc. fell just shy of its goal of delivering at least half a million vehicles last year after the Covid-19 outbreak temporarily closed the company’s lone U.S. car plant......»»

SoftBank Group Corp. has agreed to invest $200 million more to bail out Katerra, a construction startup that ran into financial problems as it tried to shake up the building industry......»»