Merck considering purchase of cancer drug maker Seagen – WSJ
(Reuters) – Drugmaker Merck & Co is considering buying cancer-focused biotech company Seagen Inc, the Wall Street Journal reported on Friday, citing people familiar with …
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Celsius hires lawyers to restructure business after freezing withdrawals – WSJ
(Reuters) – Crypto lender Celsius Network LLC has hired restructuring attorneys from law firm Akin Gump Strauss Hauer & Feld LLP to advise on possible …
U.S. SEC investigating Goldman Sachs over ESG funds – WSJ
(Reuters) – The U.S. Securities and Exchange Commission is looking into Goldman Sachs Group Inc’s asset-management division over its funds that look to invest based …
Cosmetics maker Revlon nears bankruptcy filing – WSJ
(Reuters) – Cosmetics maker Revlon Inc is preparing to file for chapter 11 protection as soon as next week, the Wall Street Journal reported on …
U.S. SEC gets ready to propose changes to stock market operations – WSJ
(Reuters) – The U.S. Securities and Exchange Commission (SEC) is preparing to propose big changes to the stock market that could reshape how it operates, …
Boeing paused 737 production in May due to supply chain issues – WSJ
(Reuters) – Boeing Co had paused production of its 737 MAX for about 10 days last month due to supply chain snarls, the Wall Street …
OPEC mulls excluding Russia from oil-production deal – WSJ
(Reuters) – Some OPEC members are considering the idea of suspending Russia in an oil production deal as Western sanctions hurt the nation’s ability to …
Apple looks to boost production outside China- WSJ
(Reuters) – Apple Inc has told some of its contract manufacturers that it wants to increase production outside China, the Wall Street Journal reported, citing …
Peloton seeks buyers for minority stake – WSJ
(Reuters) – Fitness equipment maker Peloton Interactive Inc is exploring the sale of a sizable minority stake in the company, the Wall Street Journal reported …
Goldman CEO, top deputies to get cut of profits from bank’s private investment funds – WSJ
(Reuters) – Goldman Sachs Chief Executive David Solomon and his top deputies will get a part of profits from the bank’s private investment funds, the …
Spirit Airlines trims spring, summer schedule to avoid disruptions – WSJ
(Reuters) – Spirit Airlines Inc will cut back on flights in the coming months in a bid to avoid any weather-related disruptions as airlines struggle …
Boeing factory problems disrupt Air Force One production – WSJ
(Reuters) – Production of the new Air Force One jet by Boeing Co faced disruption early this year due to problems at the planemaker’s factory, …
Activision CEO’s meeting with options trader under U.S. probe – WSJ
(Reuters) – U.S. authorities are investigating whether an options trade in Activision Blizzard Inc violated insider-trading laws as it followed a meeting between CEO Bobby …
FAA safety chief Billy Nolen to be named acting leader – WSJ
(Reuters) – The Federal Aviation Administration’s safety chief Billy Nolen is expected to be named acting leader of the agency after the current administrator, Steve …
China’s Tencent faces possible record fine for anti-money-laundering violations – WSJ
– Tencent Holdings Ltd is facing a potential fine, which could be at least hundreds of millions of yuan, for violating some central bank regulations …
Abramovich’s U.S. hedge fund investments frozen- WSJ
– Some U.S. hedge-fund firms that have investments from Russian oligarch Roman Abramovich have been told to freeze his assets after Britain imposed sanctions on …
United Airlines to let unvaccinated workers return – WSJ
– United Airlines Holdings Inc will allow workers who have not been vaccinated against COVID-19 for religious or medical reasons to return at the end …
Regulators probe block trading at Wall Street banks, hedge funds- WSJ
– Federal investigators have launched a probe into block trading at Wall Street hedge funds and banks including Morgan Stanley and Goldman Sachs Group Inc, …
Melinda French Gates no longer plans to give most of wealth to Gates Foundation, WSJ reports
-Melinda French Gates is no longer pledging to donate most of her wealth to the charitable foundation she co-founded with her former husband and will …
WSJ Editorial Board: Democratic Proposal Will Let The IRS Snoop On Your Bank Account
The Wall Street Journal Editorial Board said that a Democratic effort to crack down on tax cheating would give the Treasury Department access to almost …