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Yellow in Talks to Sell Its Logistics Business
The troubled trucking company is seeking to raise cash and stave off a potential bankruptcy filing. Source link
Weaker Energy Prices Temper Shell's Profit, but Not Cash Payouts for Investors
The oil major boosted its dividend and added a $3 billion buyback in its first quarterly results release since its new CEO unveiled a strategic
Netflix Reworks Microsoft Pact and Lowers Ad Prices
The streaming company is asking advertisers for patience as it tries to jump-start its $6.99 a month ad tier. Source link
KKR to Sell Audiobook Publisher RBmedia
H.I.G. plans to pay more than $1 billion for the company, including debt, according to people familiar with the situation. Source link
Vale Nears Deal to Sell 10% of Its Base Metals Business to Saudi Arabia
The Brazilian miner is close to completing the deal with Saudi Arabia’s sovereign-wealth fund and a Saudi mining company. Source link
Dove Maker Unilever Still Raising Prices as Volumes Slip
The consumer-goods giant—a bellwether for the global economy and consumer sentiment—boosted prices to make up for soaring commodities and other costs. Source link
Who Will Control Wagner’s Empire of War and Gold?
Updated July 24, 2023 12:00 am ET Listen to article (2 minutes) The Kremlin is attempting one of the most complex corporate takeovers in history,
The Battle to Save Anchor Brewing, the Oldest Craft Brewer in the U.S.
Listen to article (1 minute) Workers at Anchor Brewing Company, the oldest craft brewer in the U.S., hope to prevent the company from shutting down
FTC Withdraws Case Against Microsoft-Activision Deal
The FTC said it is pausing its in-house trial against Microsoft’s $75 billion takeover of game developer Activision Blizzard, another signal that the deal is
Ukraine to Seize Bank to Curb Moscow's Influence
Sense Bank, formerly known as Alfa Bank-Ukraine, is regarded as a symbol of Russia’s involvement in Ukraine’s financial and political affairs. Source link