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Corporate/Industrial News
Extra Space Storage to Combine With Life Storage in $12.7 Billion Deal
Markets Deals A deal would create the largest storage-facility operator in the U.S. by number of locations Source link
KFC, Other Chains Hunt for Elusive 4-Pound Chicken
A shortage of small-breasted chickens has been raising costs at fast-food restaurants. Source link
Miami Developers Court New York Restaurateur to Help Sell Luxury Condos
Since the pandemic, more landlords have facilitated new high-end eateries. Source link
Investors Are Too Spooked by Washington's PBM Crackdown
Efforts to take on Cigna’s and CVS’s pharmacy benefit managers won’t hurt as much as Wall Street expects. Source link
S&P 500’s Resilience in the Banking Crisis Is Largely Thanks to Tech
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Tesla Keeps Growing, but at What Cost?
In recent months, the electric-vehicle maker has doubled down on growing as fast as possible. A big question for investors now is what that cost
Justice Department Sues Activision Over Esports Leagues
The government alleges the videogame company imposed rules that limited competition for players and suppressed wages. Source link
OPEC+ Oil Market Move Less Surprising Than It Seems
The latest output cut took the markets by surprise, but conditions might have justified it. Source link
As Dealerships Get More Stock, Auto Makers' Sales Rebound
GM, Hyundai and other auto makers report a robust start to the year, due in large part to rising inventory levels and easing supply-chain troubles.
Klaviyo Hires Bankers, Plans for Late 2023 IPO
WSJ News Exclusive Finance Marketing-automation company’s plans show potential thaw in new-issue market Source link