[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…
[ad_1] Rheinmetall AG RHM, +3.85% said it has agreed to acquire Spanish ammunition maker Expal Systems SA for an enterprise value of 1.2 billion euros ($1.24 billion). Expal , which…
[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…
[ad_1] Tesla Inc. stock was removed from Wedbush’s Best Ideas list on Thursday, with analyst Dan Ives citing the overhang from Chief Executive’s entanglement with Twitter Inc. “In what has…
[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…
[ad_1] Binance, the world’s largest crypto exchange, has confirmed that it is indeed backing out of its deal to buy rival FTX’s non-U.S. assets, according to a tweet sent from…
[ad_1] Tesla Inc. shares were poised to end at their lowest in nearly two years on Wednesday, following news that Chief Executive Elon Musk sold about $3.95 billion worth of…
[ad_1] Royal Ahold Delhaize NV on Wednesday raised its full-year adjusted EPS guidance and announced a new 1 billion euro ($1.01 billion) share buyback as it reported a 13% rise…
[ad_1] The world’s largest crypto exchange Binance will start providing proof of reserves soon, after it proposed an acquisition of the non-U.S. assets of rival exchange FTX, which faced a…
[ad_1] Carrefour SA on Tuesday set out a plan to step up investment and maintain annual share buybacks from higher earnings, helped by increased cost savings over the coming years.…
[ad_1] Shares of Redfin Corp. sank into record-low territory Monday after Oppenheimer’ Jason Helfstein recommended investors sell, as he explained why he believed the real estate services company has a…
[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] Credit Suisse is bringing back the “First Boston” name after 17 years as the Swiss bank unveiled a sweeping restructuring that includes a big investment from Saudi Arabia, the…
[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…