Elon Musk offloads nearly $7 billion in Tesla stock
admin Elon Musk sold almost $7 billion in Tesla Inc. stock in recent days, according to…
Read MoreAcquisitions/Mergers/Shareholdings
SPAC Equity Distribution Acquisition Corp. to redeem its shares, liquidate
Special purpose acquisition company Equity Distribution Acquisition Corp. EQD, said it will redeem all outstanding…
Read MoreShift Technologies, CarLotz announce merger; Shift CEO steps down
Shift Technologies Inc. SFT, -16.34% and CarLotz Inc. LOTZ, -9.12% said they agreed to merge…
Read MoreBlackRock warns investors should buy defensive stocks and bonds as tech-led rally at risk of fizzling
Following July’s spectacular rally, U.S. stocks SPX, -0.49% have been caught in a tight trading…
Read MoreAvaya stock plunges toward record low after WSJ report that $600 million debt deal soured
A $600 million debt deal arranged for beleaguered business communication company Avaya Holdings Corp. quickly…
Read MoreBed Bath & Beyond stock set to snap longest win streak in 15 years after Baird analyst suggests it’s time to sell
Shares of Bed Bath & Beyond Inc. tumbled Tuesday, putting them in danger of their…
Read MoreOpinion: Why the Inflation Reduction Act is a very big deal for Americans
NEW YORK—Senate Democrats’ compromise bill, the Inflation Reduction Act (IRA) of 2022, addresses not just…
Read MoreInterContinental Hotels to launch $500 million buyback as profit surges
InterContinental Hotels Group PLC said Tuesday that it will launch a share-buyback program of up…
Read MoreGroupon plans to slash costs, cut 500 jobs
Groupon Inc. GRPN, +8.19% on Monday said it plans to remove about 500 positions and…
Read More
Get ready for more merger mania in pharma sector the rest of the year
Pfizer Inc.’s PFE, +0.45% $5.4 billion acquisition of Global Blood Therapeutics Inc. GBT, -0.02% is…
Read More