[ad_1] Flutter Entertainment on Monday said an arbitrator has determined that the value of U.S. sports betting company FanDuel as of Dec. 2020 was $20 billion. That establishes the current…
[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…
[ad_1] Twitter Inc. will begin mass layoffs Friday morning, as Elon Musk looks to slash costs at the social-media company that he acquired last week for $44 billion. In an…
[ad_1] Shares of Caterpillar Inc. pulled back on Monday after UBS analyst Steven Fisher said he no longer recommended investors buy, as the potential for upside relative to downside risk…
[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…
[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…
[ad_1] “The reason I acquired Twitter is because it is important to the future of civilization to have a common digital town square, where a wide range of beliefs can…
[ad_1] General Motors Co. GM, +1.81% is pausing its paid advertising on Twitter in the wake of Elon Musk’s acquisition of the social-media site, saying it wants more information about the site’s direction under…
[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…
[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…
[ad_1] After the closing bell on Monday, Weber Inc.’s largest shareholder, BDT Capital Partners, made an offer to buy the outdoor grill maker’s remaining shares for $6.25 apiece. Weber’s WEBR,…
[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…
[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…
[ad_1] Japanese investor SoftBank has taken a loss of around £450 million ($509 million) after selling its stake in British e-commerce company THG. SoftBank 9984, -0.22% sold its entire interest…
[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…
[ad_1] Kroger has inked a deal with Albertsons to purchase the smaller grocery retailer for $24.6 billion. The acquisition will establish a national footprint “to serve America with fresh, affordable…
[ad_1] Nissan Motor Co. NSANY, -0.16% said Tuesday that it would exit the Russian market and book a loss of about 100.0 billion yen ($686.2 million) from the sale of…
[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…
[ad_1] Shares of Rivian Automotive Inc. took a dive Monday, in the wake of the electric-vehicle maker’s recall of nearly all of its vehicles, but Wedbush analyst Dan Ives said…
[ad_1] With valuation at a trough and a dividend lined up for 2022, A.P. Moeller-Maersk is “too compelling to ignore” and investors should buy the shares. That’s according to analysts…
[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%…
[ad_1] Germany on Wednesday agreed a deal to nationalize energy supplier Uniper SE in a move aimed at securing energy supply in country. Finnish energy group Fortum Oyj FORTUM, +14.46%…
[ad_1] Ralph Lauren Corp. aims to buy back more stock and boost its profit margins as it benefits from strong consumer demand after years of restructuring. The New York-based luxury retailer on…
[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…
[ad_1] Shares of Netflix Inc. pulled back Monday, reversing an early rally, after Oppenheimer’s new analyst covering the streaming video giant spelled out reasons why it’s time for investors to…