Economy Aug 10

Elon Musk has sold nearly $7 billion worth of shares in Tesla as the billionaire gets his finances in order ahead of his court battle with Twitter.

Economy Aug 08

Pfizer is buying sickle cell drug maker Global Blood Therapeutics in an approximately $5.4 billion deal as it looks to accelerate growth after its revenue soared during the pandemic.

Economy Jul 28

JetBlue will acquire Spirit for $33.50 per share in cash, including a prepayment of $2.50 per share in cash payable once Spirit stockholders approve the transaction.

Arts Jun 17

The Wall Street Journal reported Wednesday that WWE was investigating an alleged $3 million payment from McMahon to a departing female employee following a consensual affair.

Nation Apr 14

Tesla CEO Elon Musk is offering to buy Twitter. He says the social media platform he has criticized for not living up to free speech principles needs to be transformed as a private company.

Economy Apr 05

Elon Musk is joining Twitter's board of directors, one day after it was disclosed that the Tesla CEO took a 9% stake in the social media platform.

Economy Apr 04

The ultimate aim of Musk's purchase worth $3 billion is not clear, yet in late March Musk, who has 80 million Twitter followers, questioned free speech on Twitter and whether the platform is undermining democracy.

Economy Jan 10

Take-Two Interactive, maker of Grand Theft Auto and Red Dead Redemption, is buying Zynga, maker of FarmVille and Words With Friends, in a cash-and-stock deal valued at about $12.7 billion.

Economy Nov 29

Dorsey has faced criticism from investors about his management, particularly his decision to concurrently serve as CEO of another company he founded, the payment firm Square.

Economy Nov 09

It is the culmination of an arduous, years-long reshaping of a symbol of American manufacturing might that could signal the end of conglomerates as a whole.