[ad_1] A unit of Chinese contract drugmaker Wuxi Biologics closed its order book a day early for its initial public offering and is likely to price the deal at the…
Tag: corporate strategy
This CEO Just Bet $1 Million on Herself
[ad_1] Kate Johnson is betting nearly $1 million that the investors fleeing her company are wrong. Johnson bought 1 million shares of Lumen Technologies stock last week as it dipped…
Bring Back Corporate Pension Plans. Seriously.
[ad_1] It sounds like an idea frozen in time: Spend your career working at a company and then keep getting checks for the rest of your life. Now rising interest…
GE Healthcare Discloses Potential Foreign Bribery Violations in China
[ad_1] General Electric spinoff GE HealthCare Technologies said it reported potential foreign bribery violations in some of its operations in China to U.S. regulators. GE HealthCare found “tender irregularities and…
WSJ News Exclusive | WeWork Plans to File for Bankruptcy as Early as Next Week
[ad_1] Oct. 31, 2023 4:16 pm ET|WSJ Pro WeWork is planning to file for bankruptcy as early as next week, according to people familiar with the matter, in what would…
China Evergrande Winding-Up Hearing Adjourned to Dec. 4
[ad_1] China Evergrande has been given another chance to restructure its billions of dollars in debt as a court adjourned a hearing to wind up the company. The heavily indebted…
Sanofi Plans to Spin Off Consumer-Healthcare Business
[ad_1] Sanofi said it plans to spin off its consumer-healthcare unit into a publicly listed entity, making it the latest pharmaceutical giant to sharpen its focus on prescription medicines by…
Stellantis Invests $1.58 Billion in Chinese EV Company Leapmotor
[ad_1] Updated Oct. 25, 2023 8:09 pm ET Stellantis has invested €1.5 billion ($1.58 billion) in Chinese electric-vehicle business Leapmotor as the automaker seeks to expand global sales through a…
Mitsubishi Motors to End Car Production in China
[ad_1] Mitsubishi Motors plans to end production of cars in China in response to sluggish sales amid stiff competition. The Japanese automaker said Tuesday that it will restructure its joint…