Corporate Actions

Exxon Buys Pioneer for $60 Billion to Create Shale Giant

The deal is Exxon’s largest since its merger with Mobil in the late 1990s and is the biggest corporate transaction…

9 months ago

Big-Company Bankruptcies Hang Over Economy

Businesses that loaded up on debt when interest rates were lower now face a growing risk of failure. Source link

9 months ago

Bristol Myers Squibb to Acquire Mirati Therapeutics in Deal Worth Up to $5.8 Billion

The deal expands the pharmaceutical company’s portfolio of cancer drugs. Source link

9 months ago

The Oil Patch Is Primed for an Era of Megadeals

A tie-up between Exxon and Pioneer would put pressure on Chevron and other rivals to pursue deals of their own.…

9 months ago

How Dodgy Spare Parts Got Into Jet Engines, Leaving Airlines Scrambling

Airlines are checking their fleets after regulators and engine makers claimed that a small broker sold spare parts with forged…

9 months ago

Meal-Kit Maker Blue Apron to Be Sold

The sale to food-delivery startup Wonder would end a disastrous six-year experiment with public ownership. Source link

9 months ago

The World Needs New Antibiotics, but the Business Model Is Broken

New drugs to defeat “superbug” bacteria aren’t reaching patients. Source link

9 months ago

Cisco Systems to Buy Splunk in $28 Billion Deal

Networking-equipment giant Cisco Systems has struck a $28 billion deal to buy analytics and security software company Splunk. Source link

10 months ago

Instacart Prices IPO at $30 a Share, at Top End of Expectations

The grocery-delivery company is valued at nearly $10 billion ahead of its long-anticipated public-trading debut Tuesday. Source link

10 months ago

Tesla, Saudi Arabia in Early Talks for EV Factory

The kingdom is trying to boost foreign investment but has a contentious history with Elon Musk. Source link

10 months ago