Coal Is Too Hot to Handle—Maybe Even for Glencore

[ad_1] Markets Heard on the Street The Swiss commodities giant has long argued that its thermal-coal assets worked better as part of a diversified miner. But its new bid for…

WSJ News Exclusive | Carrier Plots Separation of Fire Unit

[ad_1] WSJ News Exclusive Business Air-conditioning company aims to sell or spin off Fire & Security business [ad_2] Source link

The Fatal Flaw in Credit Suisse’s Last-Ditch Attempt to Save Itself

[ad_1] Credit Suisse Group AG’s new-look investment bank, CS First Boston, was supposed to help salvage the lender. Instead, it may have hastened its fall. The Swiss bank, buffeted by…

JD.com’s Property and Industrial Units Seek About $1 Billion Each in Hong Kong IPOs

[ad_1] The Chinese e-commerce giant said it plans to spin off the two businesses through separate listings. [ad_2] Source link

WSJ News Exclusive | EY Breakup Plan Stalled on Partners Split

[ad_1] A fight erupts between the accounting firm’s U.S. and overseas leaders over the division of its lucrative tax business. [ad_2] Source link

FIS’s Worldpay Spinoff Is Jumbled by Tough Outlook

[ad_1] The move would untether the company’s merchant-payments business, but near-term revenue hurdles loom. [ad_2] Source link

Credit Suisse Buys Klein & Co. in Step to Investment Bank Spinoff

[ad_1] Markets Swiss bank is buying the New York advisory while posting another quarterly loss and more customer outflows [ad_2] Source link

WSJ News Exclusive | Apollo in Talks to Take Stake in CS First Boston Spinoff

[ad_1] WSJ News Exclusive Markets Credit Suisse said last year that it would carve out part of its investment bank under the CS First Boston brand [ad_2] Source link

Breakup of Google’s Ad Business Would Reshape $500 Billion Sector

[ad_1] If the government prevails in its antitrust case, an asset spinoff is thought to be more likely than a sale. [ad_2] Source link

IBM to Cut 3,900 Jobs Amid Broader Tech Slowdown

[ad_1] The information-technology company says the cuts stem from its Kyndryl spinoff and healthcare divestiture [ad_2] Source link