Wall Street’s Cloudy Quarter Has Some Rays of Sunshine

[ad_1] Jan. 16, 2024 12:49 pm ET Wall Street hardly ended last year with a bang. But given the challenges facing the other major business lines of the biggest banks,…

Federal Judge Blocks JetBlue’s $3.8 Billion Acquisition of Spirit Airlines

[ad_1] Updated Jan. 16, 2024 2:01 pm ET A federal judge on Tuesday blocked JetBlue Airways from acquiring Spirit Airlines, agreeing with the Justice Department that the $3.8 billion deal…

Chinese EV-Charging Company Star Charge Aims for Hong Kong IPO in Late 2024

[ad_1] Star Charge, a Chinese maker of electric-vehicle charging stations, is aiming to go public in Hong Kong as early as the second half of 2024, according to people familiar…

Restaurant Brands Aims for Better-Looking Burger Kings in Carrols Deal 

[ad_1] Updated Jan. 16, 2024 12:22 pm ET Your local Burger King might look a bit fresher, faster, following a $1 billion deal announced by BK parent Restaurant Brands International. …

Uber Is Closing a Business It Bought for Over $1 Billion Three Years Ago

[ad_1] Jan. 16, 2024 11:01 am ET Uber said it’s shutting down Drizly, the alcohol-delivery service it acquired for $1.1 billion in 2021. Drizly said Monday that it would accept…

Closing of Kroger, Albertsons, C&S Deal Postponed

[ad_1] The proposed merger of U.S. grocery giants Kroger and Albertsons, and sale of assets to C&S Wholesale Grocers, will be later than previously anticipated as the companies continues discussion…

Synopsys to Acquire Ansys in $35 Billion Deal

[ad_1] Synopsys will acquire Ansys in a cash-and-stock deal giving the design-software company an enterprise value of about $35 billion. [ad_2] Source link

Shell to Sell Nigeria Onshore Oil Business for Up to $2.4 Billion

[ad_1] Updated Jan. 16, 2024 5:42 am ET Shell has agreed to sell its Nigerian onshore oil subsidiary for up to $2.4 billion, making good on a promise to exit…

Thomson Reuters Buys Majority Stake in Pagero

[ad_1] Thomson Reuters said it has bought a majority stake in the Pagero Group, taking it closer toward full control of the latter. Apart from the key shareholders, including Summa…

I Bought the World’s Hottest High-Tech E-Bike. Then Its Maker Went Bankrupt.

[ad_1] The VanMoof X3 was the perfect fit. Both my 6-foot-1 husband and my 5-foot-2 self could ride the e-bike comfortably. We live in Paris, and the X3 had many…