[ad_1] WASHINGTON — A federal judge Monday ruled against a Justice Department antitrust challenge to UnitedHealth Group Inc.’s UNH, +0.49% $13 billion acquisition of health-technology firm Change Healthcare Inc. CHNG, -0.08%, rejecting government claims that the…
Take MarketWatch’s 2022 Quiz: How much do you know about the biggest financial stories of the year?
[ad_1] It’s nearly the end of another dramatic year in finance. Russia invaded Ukraine. Markets tumbled. Interest rates reached record highs. Prices soared. The Republican “red wave” at the midterm…
Mark Zuckerberg takes stand in Meta-FTC trial, admits ‘trying to shape the future of technology’
[ad_1] Meta Platforms Inc. Chief Executive Mark Zuckerberg took the stand Tuesday on Day 7 of the Federal Trade Commission’s case to block Meta’s $400 million acquisition of VR fitness…
L3Harris plans to buy rival defense contractor Aerojet for $4.7 billion
[ad_1] Defense firm L3Harris Technologies Inc. on Sunday said it agreed to buy Aerojet Rocketdyne Holdings Inc. in a $4.7 billion deal that would cement L3Harris’s role as one of six prime defense contractors for the…
Microsoft to bring ‘Call of Duty’ to Nintendo if Activision merger approved
[ad_1] Microsoft Corp. said late Tuesday it has made a “10-year commitment” to bring the massively popular “Call of Duty” videogame series to Nintendo Co. consoles, when — and if…
Estée Lauder prevails in auction to buy Tom Ford in deal worth $2.8 billion
[ad_1] Estée Lauder Cos. EL, +2.86% will acquire Tom Ford in a deal valued at roughly $2.8 billion, building on a longstanding licensing agreement and marking the cosmetics giant’s largest-ever…
Estée Lauder closes in on $2.8 billion deal to buy Tom Ford
[ad_1] Estée Lauder Cos. is nearing a deal to buy Tom Ford for roughly $2.8 billion, building on a longstanding licensing deal and marking the cosmetics giant’s largest-ever acquisition, according to…
Twitter reportedly slashes more jobs, laying off thousands of contractors
[ad_1] Twitter laid off a large portion of its contract workforce over the weekend, according to multiple reports. Platformer’s Casey Newton first reported the layoffs Saturday, and said Sunday that…
SEC, Justice Department investigating beleaguered crypto platform FTX
[ad_1] The Securities and Exchange Commission and Justice Department are investigating cryptocurrency platform FTX following its sudden implosion this week, a person familiar with the matter said. Staff at the two…
Walgreens subsidiary nears $9 billion deal to merge with Summit Health
[ad_1] A unit of Walgreens Boots Alliance Inc. WBA, +3.72% is nearing a deal to combine with a big owner of medical practices and urgent-care centers in a transaction worth roughly $9…
Judge blocks Penguin Random House from buying Simon & Schuster over antitrust concerns
[ad_1] NEW YORK — A federal judge has blocked Penguin Random House’s proposed purchase of Simon & Schuster, agreeing with the Justice Department that the joining of two of the…
Twitter braces for mass layoffs under new owner Elon Musk
[ad_1] Twitter Inc. is drafting plans for broad layoffs, according to people familiar with the matter, days after the social-media platform was taken private by billionaire Elon Musk for $44 billion. The proposed layoffs…
Elon Musk on the hook to pay more than $200 million to 3 fired Twitter execs
[ad_1] This story was updated with a more current tally of shares from Twitter’s most recent proxy statement. When Twitter Inc.’s top executives walked out of its San Francisco headquarters…
Elon Musk completes Twitter purchase, fires CEO and other top execs: reports
[ad_1] Twitter Inc. is now owned by Elon Musk, with multiple media outlets reporting Thursday night that the long-anticipated sale had officially closed. The Wall Street Journal, Washington Post and…
Weber stock jumps 25% after largest shareholder makes acquisition offer for grill maker
[ad_1] Weber Inc.’s stock climbed more than 24% in after-hours trading Monday, mirroring an offer from its largest shareholder to buy the grill maker’s remaining shares for $6.25 apiece. The…
Warner Bros. Discovery warns of as much as $4.3 billion in restructuring charges
[ad_1] Warner Bros. Discovery Inc. WBD, -2.30% said it expected to incur as much as $4.3 billion in pretax restructuring charges through 2024, the result of a cost-cutting effort following the…
Activist investor Starboard has nearly 5% stake in Splunk, seeks to boost stock
[ad_1] Activist investor Starboard Value LP has a sizable stake in Splunk Inc. and plans to push the software maker to take action to boost its stock price, according to people familiar with…
Bio-Rad and German-based biotech Qiagen weighing latest tie-up in medical-diagnostic market
[ad_1] Bio-Rad Laboratories Inc. is in talks to combine with fellow life-sciences company Qiagen NV in a deal that would be worth more than $10 billion, according to people familiar with the matter. The…
Icahn, other big-name investors clean up on Elon Musk’s Twitter reversal
[ad_1] Elon Musk’s decision to end his war with Twitter Inc. isn’t just a big win for the social-media company, but also for some big-name investors like Carl Icahn. Icahn quietly amassed a Twitter TWTR, +22.24%…
Judge denies DOJ’s request to block UnitedHealth’s acquisition of Change Healthcare
[ad_1] WASHINGTON — A federal judge Monday ruled against a Justice Department antitrust challenge to UnitedHealth Group Inc.’s UNH, +0.49% $13 billion acquisition of health-technology firm Change Healthcare Inc. CHNG, -0.08%, rejecting government claims that the…
Elon Musk’s latest court filing alleges fraud by Twitter, focuses on whistleblower’s allegations
[ad_1] Tesla Inc. Chief Executive Elon Musk pointed in a Thursday court filing to a whistleblower’s “devastating analysis” as he alleged “fraud” on the part of Twitter Inc. executives, a…
Twitter shareholders set to approve Elon Musk’s $44 billion takeover bid
[ad_1] Twitter Inc.’s shareholders are poised to approve the $44 billion takeover that Elon Musk is now trying to exit, according to people familiar with the matter, putting the deal’s fate in a Delaware judge’s hands as the…