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Corporate/Industrial News
Disney CEO Iger Calls DeSantis’s Moves Antibusiness, Anti-Florida
Business Company, state have been clashing since Disney opposed Parental Rights in Education bill last year Source link
Saudi-Led Oil Producers to Lower Output Further
The new cuts are expected to total more than a million barrels a day, a surprise move that led to a jump in crude prices.
Oil Prices Jump as Saudi-Led Group Plans Output Cuts
A potential U.S. recession and demand from China will help determine whether crude pushes even higher. Source link
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
FTC Rejects Illumina's $7 Billion Deal for Cancer-Test Developer Grail
The agency said the combination would hurt competition for cancer-detection tests while raising prices. Source link
The 'King Kong' of Weight-Loss Drugs Is Coming
Eli Lilly’s Mounjaro could outpace Ozempic as the most powerful treatment on the market. To develop it, the drug company needed to overhaul long-held but
Glencore Returns to Acquisitions With Offer for Canadian Miner Teck
Business The offer is one of the largest mining takeover attempts in several years Source link
Micron Gets Caught in U.S.-China Crossfire
Markets Heard on the Street Beijing has long hesitated to strike back at U.S. chip companies—but Micron is a soft target Source link
Activision Deal Enters Bonus Round Phase
Microsoft’s acquisition looks more likely, while the Blizzard unit’s new “Diablo” game shapes up to be a surprise hit. Source link
Extra Space Storage to Combine With Life Storage in $12.7 Billion Deal
WSJ News Exclusive Deals A deal would create the largest storage-facility operator in the U.S. by number of locations Source link