Macy’s Inc. said Sunday it has rejected an unsolicited bid by Arkhouse Management and Brigade Capital Management to take the department-store chain private in a $5.8 billion deal,…
Read more Macy’s rejects $5.8 billion takeover bid; Arkhouse threatens to go to shareholdersJetBlue Airways Corp. and Spirit Airlines Inc. said late Friday that they have appealed a court ruling that earlier this week blocked their planned merger. JetBlue JBLU, -1.19%…
Read more JetBlue, Spirit Airlines appeal court ruling blocking their proposed mergerIn an effort to keep up in the accelerating AI arms race, cloud-services provider Hewlett Packard Enterprise Co. on Tuesday agreed to buy Juniper Networks, Inc. in a…
Read more Hewlett Packard Enterprises to buy Juniper Networks in $14 billion dealGeneral Electric Co. has saved its best year for its last. At the beginning of the second quarter, GE’s power and renewable-energy business will be spun off as…
Read more GE's stock has its best year on record ahead of final breakupVideogame maker Activision Blizzard has agreed to pay nearly $55 million to settle a California civil-rights lawsuit brought over complaints of sexual harassment, discrimination and pay disparities by…
Read more Activision Blizzard to pay $55 million to settle California civil-rights lawsuitMedia tycoon Shari Redstone is in talks to sell controlling interesting in Paramount parent National Amusements to media and entertainment company Skydance, Puck and the New York Times…
Read more Shari Redstone reportedly in talks to sell Paramount parent to SkydanceNovember’s sharp pullback in 30-year fixed mortgage rates may not last if the labor market remains strong, said Mark Palim, deputy chief economist at Fannie Mae. Palim was…
Read more Mortgage rates' dip to 7% could be brief if jobs market stays strong, Fannie Mae economist saysTechnology-stock gains drive big day, week on Wall Street Source link
Read more Markets – MarketWatchShares of Six Flags Entertainment Corp. SIX, +6.48% and Cedar Fair Entertainment Co. FUN, -1.36% are rising following a report in the Wall Street Journal that the regional…
Read more Six Flags, Cedar Fair near merger: reportHigher interest rates may be painful in the short term, but banks, savers and the financial ecosystem will be better off in the long run, said Sheila Bair,…
Read more ‘Banks fail. It’s OK,’ says former FDIC chair Sheila Bair.David Scott, the head of Exxon Mobil Co.’s shale oil and gas production business, was arrested in Texas and faces a charge of sexual assault. According to public…
Read more Exxon Mobil’s top shale exec arrested on sexual assault charge in TexasBristol Myers Squibb Co. said Sunday it will buy Mirati Therapeutics Inc. in a deal valued at up to $5.8 billion. The pharmaceutical giant announced it will pay…
Read more Bristol Myers Squibb to buy Mirati Therapeutics in deal worth up to $5.8 billionExxon Mobil Corp. is close to a deal to buy shale-drilling company Pioneer Natural Resources for about $60 billion, the Wall Street Journal reported late Thursday. Citing sources…
Read more Exxon near $60 billion deal to buy shale driller Pioneer Natural Resources: reportShares of GameStop Corp. surged Thursday, after the consumer electronics retailer named Ryan Cohen as it president and chief executive officer, effective immediately. The move, which wasn’t unexpected,…
Read more GameStop’s stock soars after activist investor Ryan Cohen named CEOWith Cisco Systems Inc.’s pending acquisition of Splunk Inc., the networking giant is making another major step toward becoming a software company. On Thursday, Cisco CSCO said it…
Read more By buying Splunk, Cisco is closer to becoming a software companyThe former parent company of Silicon Valley Bank is nearing a deal to sell its VC and credit-investment arm out of bankruptcy, according to a Wall Street Journal…
Read more SVB Capital closes in on deal to be bought out of bankruptcy: reportThe U.S. stock market, as measured by the S&P 500 Index SPX, is trapped in a trading range, and volatility seems to be damping down considerably. The significant…
Read more Stocks are trapped in a trading range. Something’s got to give.Shares of AMC Entertainment Holdings Inc. AMC tumbled 13.9% toward the lowest price seen since January 2021 after the movie theater operator disclosed an equity distribution agreement in…
Read more AMC stock tumbles after filing prospectus supplement for the sale of up to 40 million sharesThe U.S.-listed shares of Manchester United PLC suffered a record beating Tuesday, after a report that the iconic English football club was set to be taken off the…
Read more Manchester United’s stock suffers record selloff after report that sale of club is offUPS employees approved a new five-year union contract with the delivery giant Tuesday, about a month after reaching a tentative deal that averted a strike of 340,000 United…
Read more UPS workers vote to approve ‘historic’ five-year contract
