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Wall Street Journal US Business
Sep 24, 2020

TikTok Owner Puts Deal With Oracle, Walmart in Beijing's Hands
ByteDance is seeking approval from Beijing for the White House-endorsed plan under new export restrictions, as Chinese state media continue criticism.

Wall Street Journal US Business
Sep 23, 2020

California to Ban Sales of New Gas-Powered Cars Starting in 2035
Gov. Gavin Newsom signed an order that aims to end the sale of new gasoline and diesel-powered passenger cars in the state by 2035.

Wall Street Journal US Business
Sep 23, 2020

Procter & Gamble Calls for Change to Annual TV Ad-Buying Process
Procter & Gamble's top marketing executive is asking for a later upfront marketplace, as well as more flexibility when buying ads closer to the time that they air.

Wall Street Journal US Business
Sep 23, 2020

Fed Officials Step Up Calls for More Government Spending to Speed Economic Recovery
Fed officials say additional fiscal stimulus is needed to avoid an uneven and protracted recovery from the coronavirus pandemic.

Wall Street Journal US Business
Sep 23, 2020

TikTok Asks Judge to Halt Trump's Download Ban
The video-sharing platform asked a federal judge to stop the U.S. from imposing a ban on the app over national-security concerns, with TikTok lawyers citing constitutional provisions for free speech and due process

Wall Street Journal US Business
Sep 23, 2020

WeWork Sells Majority Stake in China Business, Cutting Costs
The real-estate operator is selling control of its business in China, the latest sign it is abandoning its former rapid-growth approach and looking to reduce risk.

Wall Street Journal US Business
Sep 23, 2020

Harvard Business School Pledges to Tackle Race Issues
Harvard Business School said it would boost future enrollment of Black students, hire a chief diversity officer and give race and diversity issues a more prominent place in its case-study method of teaching.

Wall Street Journal US Business
Sep 23, 2020

Evans Says He Supports Fed's Low-Rate Guidance
Chicago Fed leader Charles Evans pushed back against any idea that he wants to raise rates before overshooting the U.S. central bank's 2% inflation goal.

Wall Street Journal US Business
Sep 23, 2020

Disney Bumps 'Black Widow' to 2021 in Schedule Reshuffle
Disney said it would change the release dates for 10 upcoming films, postponing the Marvel spinoff ‘Black Widow' until May and delaying Steven Spielberg's remake of ‘West Side Story' by one year to December 2021.

Wall Street Journal US Business
Sep 23, 2020

Fed Officials Maintain Calls for More Government Spending to Support Economic Recovery
Federal Reserve officials said the economy was likely to need additional government spending to avoid an uneven and protracted recovery from the coronavirus pandemic.

Wall Street Journal US Business
Sep 23, 2020

A Texas Tycoon Throws Millions at the Covid Testing Puzzle
Tech billionaire Graham Weston says he can screen thousands of schoolchildren for a fraction of the normal cost. But he faces plenty of resistance.

Wall Street Journal US Business
Sep 23, 2020

A Texas Tycoon Throws Millions at the Covid-19 Testing Puzzle
Tech billionaire Graham Weston says he can screen thousands of schoolchildren for a fraction of the normal cost. But he faces plenty of resistance.

Wall Street Journal US Business
Sep 23, 2020

Volkswagen Takes Aim at Tesla With Electric ID.4 SUV
Volkswagen on Wednesday took the wraps off its ID.4 all-electric sport utility vehicle in a bid by the world's largest car maker to challenge Tesla and re-energize a problem-ridden electric vehicle strategy.

Wall Street Journal US Business
Sep 23, 2020

Volkswagen Takes Aim at Tesla With Electric SUV
Volkswagen took the wraps off its ID.4 all-electric sport-utility vehicle in a bid by the world's largest car maker to challenge Tesla and re-energize a problem-ridden electric-vehicle strategy.

Wall Street Journal US Business
Sep 23, 2020

Woodward's Trump Book Sells 600,000 Copies in First Week
‘Rage,' in which journalist Bob Woodward revealed the president understood the dangers of Covid-19 while minimizing them publicly, sold fewer than two other recent high-profile titles about the Trump administration.

Wall Street Journal US Business
Sep 23, 2020

SEC Raises Bar For Shareholder Resolutions
Critics say the move would chill corporate democracy by changing the rules for submitting resolutions for a vote at company shareholder meetings.

Wall Street Journal US Business
Sep 23, 2020

U.S. Economy Continues Steady Recovery in September, Surveys Show
The U.S. economy in September continued its steady recovery from the sharp declines in the second quarter as demand and output strengthened, according to business surveys. But the pace faltered in Europe and Asia, where new infections have led to new restrictions on activity.

Wall Street Journal US Business
Sep 23, 2020

Fed Officials Emphasize Need for Additional Relief to Ensure Robust Recovery
Senior Federal Reserve officials said the economy was likely to need additional government spending to avoid an uneven and protracted recovery from the coronavirus pandemic.

Wall Street Journal US Business
Sep 23, 2020

Pilgrim's Pride CEO Jayson Penn Leaves Company
Pilgrim's Pride said its president and chief executive, who was put on leave after being indicted in June, has exited the company.

Wall Street Journal US Business
Sep 23, 2020

Nikola's Talks With Energy Firms Stalled Following Short-Seller Report
The electric-truck maker has held talks with BP and other energy firms in hopes of striking a deal on hydrogen-refueling stations. Short seller Hindenburg Research alleged in a report that Nikola has misled investors.

Wall Street Journal US Business
Sep 23, 2020

Cleveland Fed Leader Says U.S. Economy Recovering but Still in Deep Hole
Loretta Mester said parts of the U.S. economy have recovered more quickly than others, while other sectors remain depressed. "It's not a sustainable recovery, it's still fragile."

Wall Street Journal US Business
Sep 23, 2020

DOJ to Seek Curbs on Immunity for Internet Companies
The Justice Department will submit a proposal to Congress to curb longstanding legal protections for internet companies like Facebook, Alphabet's Google and Twitter, a senior department official said.

Wall Street Journal US Business
Sep 23, 2020

General Mills Aims to Protect Coronavirus Sales Boost
Grocery sales are moderating, prompting food makers to make marketing and operational changes.

Wall Street Journal US Business
Sep 23, 2020

Coronavirus Poses an Array of New Legal Risks for Companies
Remote work, new suppliers, complex government regulations and travel restrictions all create potential legal perils during the pandemic.

Wall Street Journal US Business
Sep 23, 2020

How Companies Can Create an Ethics Program for a New Era
It used to be that companies just had to make sure they didn't break the law to be considered ethical. Now, it's so much more than that.

Wall Street Journal US Business
Sep 23, 2020

One Senator's Strategy for Containing Chinese Tech Dominance
Democrat Mark Warner, a former telecom executive, sees China's erosion of the U.S.'s technological advantage as an existential threat to American values at home and abroad.

Wall Street Journal US Business
Sep 23, 2020

General Mills Reports Stronger Sales, But Growth Moderates
The food maker reported higher sales for its latest quarter, but growth was slower than in the spring, when consumers first quarantined at home amid efforts to curtail the spread of the coronavirus.

Wall Street Journal US Business
Sep 23, 2020

United Wholesale Mortgage Goes Public in Biggest SPAC Deal Ever
The biggest wholesale mortgage originator in the U.S. is merging with a special-purpose acquisition company in a deal that will take the lender public at a valuation north of $16 billion.

Wall Street Journal US Business
Sep 23, 2020

DOJ to Seek Congressional Curbs on Immunity for Internet Companies
The Justice Department will submit a proposal to Congress to curb longstanding legal protections for internet companies like Facebook, Alphabet's Google and Twitter, a senior department official said.

Wall Street Journal US Business
Sep 23, 2020

Johnson & Johnson Begins Final-Stage Testing of Covid-19 Vaccine
J&J said it could learn pivotal results from its coronavirus vaccine trial by early next year, which if positive could lead to government authorization of the shot for emergency use soon afterward.

Wall Street Journal US Business
Sep 23, 2020

Faltering Service Sector Weighs on Global Recovery as Infections Rise
The coronavirus's resurgence is weighing on service providers in Europe and Asia, even as factories continue to report a strengthening recovery from spring's sharp declines in output.

Wall Street Journal US Business
Sep 23, 2020

Dunkin', Stadiums Try Checkout-Free Shopping as Social Distancing Remains a Priority
The coffee chain and hospitality stands at sports stadiums are testing a new checkout-free payment system from Mastercard as retailers try to meet shoppers' desire for speed and reduced human contact.

Wall Street Journal US Business
Sep 23, 2020

Fracker Extraction Oil Greased the Political Skids in Colorado
In the two years before it went bankrupt in June, Extraction Oil & Gas funneled more than $10 million into political donations, most of it aimed at quashing a movement that threatened its business of forcing oil and gas out of the Colorado bedrock.

Wall Street Journal US Business
Sep 23, 2020

Streaming TV Is Surging, but the Ads Remain on Repeat
People are streaming more movies and shows on internet-connected TV sets. But keeping track of who is watching what and where—and how many times they see the same ads—is becoming a bigger frustration for advertisers seeking to move money into the medium.

Wall Street Journal US Business
Sep 23, 2020

What CEOs Really Think About Remote Work
Top executives are planning ahead after months of adapting to working from home. While many say they've seen enough to judge the pros and cons of the new arrangements, they are reaching different verdicts.

Wall Street Journal US Business
Sep 23, 2020

ViacomCBS Stays All In on Showtime
The company's CEO, Bob Bakish, holds that the premium network, with its original shows, movies and boxing, is strong enough to compete on its own, rather than as part of the coming Paramount streaming service.

Wall Street Journal US Business
Sep 23, 2020

Uncle Ben's Changes Brand Rooted in Racist Imagery
Mars is changing the name of Uncle Ben's rice to Ben's Original and dropping the image of a bow-tied Black man from its packaging.

Wall Street Journal US Business
Sep 23, 2020

Volkswagen Trucking Business Invests in Self-Driving Truck Developer TuSimple
Volkswagen unit Traton Group will work with TuSimple to develop self-driving trucks and take a stake in the technology company as part of their agreement.

Wall Street Journal US Business
Sep 22, 2020

United Wholesale Mortgage to Go Public Via Merger With Gores SPAC
The biggest wholesale mortgage originator in the U.S. is merging with a special-purpose acquisition company in a deal that will take the lender public at a valuation north of $16 billion.

Wall Street Journal US Business
Sep 22, 2020

Palantir Projects Full-Year Revenue to Surpass $1 Billion
Palantir Technologies expects revenue to top $1 billion this year, as the company unveils its outlook ahead of its long-anticipated stock listing following decades of teasing the market with plans to go public.

Wall Street Journal US Business
Sep 22, 2020

Musk Promises $25,000 Tesla Using Cheaper Batteries
The CEO says advances in cell manufacturing and chemistry will allow the company to halve battery costs and erase the cost advantage of gas-powered cars.

Wall Street Journal US Business
Sep 22, 2020

N.Y. City Council Introduces Bills to Aid Restaurants in Coronavirus Recovery
One proposal would make sidewalk and curbside street dining permanent.

Wall Street Journal US Business
Sep 22, 2020

Tesla Expected to Grow 30% to 40% in 2020, Elon Musk Says
Electric-car company's chief executive kicks off a long-promised event showcasing advances in battery technology.

Wall Street Journal US Business
Sep 22, 2020

Nike's Sales Bounce Back From Coronavirus Slide
Nike's sales rebounded in the summer quarter after slumping earlier during the coronavirus pandemic, as rising digital sales offset declining revenue at traditional stores.

Wall Street Journal US Business
Sep 22, 2020

Mnuchin, Powell Urge More Spending to Help Economy Recover
The U.S. Treasury secretary and the Fed chairman told lawmakers that emergency loan programs to support the coronavirus-stricken economy were largely working as intended and that more government spending would be needed to sustain the recovery.

Wall Street Journal US Business
Sep 22, 2020

French Foreign Minister Says LVMH Query Led to Letter on Tiffany Deal
France's foreign minister said he was responding to a query from LVMH when he wrote a letter to the luxury conglomerate asking it to delay its acquisition of Tiffany.

Wall Street Journal US Business
Sep 22, 2020

Ford to Build Electric Cars in Canada as Part of Labor Deal
The settlement includes a $1.5 billion investment in two Ford Motor factories—an engine plant in Windsor, Ontario, and a vehicle-assembly factory in Oakville, Ontario.

Wall Street Journal US Business
Sep 22, 2020

Nikola Executive Defends Business Model
The electric-truck firm's finance chief said the startup's partners are staying the course despite the abrupt resignation of company founder Trevor Milton.

Wall Street Journal US Business
Sep 22, 2020

Ruth Bader Ginsburg and American Business
WSJ Supreme Court reporter Jess Bravin discusses Ruth Bader Ginsburg's business legacy, and the court vacancy's ramification for U.S. corporations, in conversation with Theo Francis.

Wall Street Journal US Business
Sep 22, 2020

Why Business Will Miss Ruth Bader Ginsburg
WSJ Supreme Court reporter Jess Bravin discusses Ruth Bader Ginsburg's business legacy, and the court vacancy's ramification for American business, in conversation with Theo Francis.

Wall Street Journal US Business
Sep 22, 2020

Musk Sees Battery Shortage as Electric-Car Sales Take Off
Elon Musk will host a long-promised event showcasing advances in battery technology, the fuel in the race between the Silicon Valley car maker and rivals to win electric vehicles sales.

Wall Street Journal US Business
Sep 22, 2020

Mnuchin, Powell Urge More Spending to Help Economy Recover From Pandemic
The U.S. Treasury secretary and the Fed chairman told lawmakers that emergency loan programs to support the coronavirus-stricken economy were largely working as intended and that more government spending would be needed to sustain the recovery.

Wall Street Journal US Business
Sep 22, 2020

Apartment Startup Common Bets on Expansion Despite Pandemic
The co-living and rental-apartment management company completed the raising of $50 million in new venture capital this month.

Wall Street Journal US Business
Sep 22, 2020

U.S. Home Sales Extended Powerful Rebound Into August
Sales of previously owned homes rose in August for the third consecutive month of sales increases, a sign that prospective home buyers remain motivated to buy despite the pandemic.

Wall Street Journal US Business
Sep 22, 2020

NBCUniversal's Cable Channels Were a Crown Jewel. Now They're an 'Albatross.'
New CEO Executive Jeff Shell is centralizing decision-making and slimming down the cable unit in the process.

Wall Street Journal US Business
Sep 22, 2020

Mnuchin Says Fed Lending Programs Have Done All They Can
The Treasury secretary suggests repurposing $200 billion in loan support for new spending programs.

Wall Street Journal US Business
Sep 22, 2020

Ralph Lauren to Cut 15% of Workforce After Coronavirus Lockdowns Reduced Demand
Ralph Lauren Corp. said it would cut its workforce by roughly 15%, reflecting a sharp drop in revenue tied to coronavirus-related store closings earlier this year and potential challenges ahead.

Wall Street Journal US Business
Sep 22, 2020

Amazon Restricts Ad Buying by Rivals
Some makers of smart speakers, video doorbells and other hardware have hit roadblocks buying key ads in search results. Gadgets made by e-commerce giant get the edge.

Wall Street Journal US Business
Sep 22, 2020

Amazon Restricts How Rival Device Makers Buy Ads on Its Site
Some makers of smart speakers, video doorbells and other hardware have hit roadblocks buying key ads in search results. Gadgets made by e-commerce giant get the edge.

Wall Street Journal US Business
Sep 22, 2020

U.S. Existing-Home Sales Continued to Climb in August
Sales of previously owned homes rose in August for the third consecutive month of sales increases, a sign that prospective home buyers remain motivated to buy despite the pandemic.

Wall Street Journal US Business
Sep 22, 2020

How a Fortunate Few Airlines Profit in a Pandemic: Lots of Cargo
Of the world's 30 largest airlines, just four reported profits for the April-June quarter, and not from carrying passengers. All are based in export-heavy South Korea or Taiwan, benefiting from strong global demand for Asia-made goods.

Wall Street Journal US Business
Sep 22, 2020

Powell, Mnuchin to Testify on Impact of Coronavirus Relief Efforts
Treasury Secretary Steven Mnuchin and Fed Reserve Chairman Jerome Powell begin hearings on Capitol Hill Tuesday morning, with Mr. Powell saying the economic response to the coronavirus has been effective but Congress would likely need to spend more.

Wall Street Journal US Business
Sep 22, 2020

Hot Oil Field Was Desperate for Pipelines. Now It Has Too Many.
The Southwest's Permian Basin has become a headache for pipeline operators with the pandemic damping oil demand after they had added capacity.

Wall Street Journal US Business
Sep 22, 2020

Your Kid's a Picky Eater? Apps and Meal Services Can Help
Parents turn to new online options for help satisfying picky eaters and preparing meals for children with food allergies; no more separate dinners for everyone.

Wall Street Journal US Business
Sep 22, 2020

LVMH Is Readying Its Red Pen for Tiffany's Books
Tiffany can't put a foot wrong between now and the January trial that will decide the fate of the luxury industry's biggest ever deal.

Wall Street Journal US Business
Sep 22, 2020

China's Luckin Coffee Is Fined for Inflating Results
China's top commerce regulator fined Luckin Coffee Inc. and dozens of companies that helped the coffee chain inflate its sales and expenses, wrapping up a monthslong investigation into the once-highflying company.

Wall Street Journal US Business
Sep 22, 2020

Real-Estate Investors Buying Studio Home of 'The Sopranos'
A group of investors is acquiring the New York studios where "The Sopranos," "30 Rock" and "Sex and the City" were filmed, the latest sign that real-estate owners are trying to capitalize on the growing popularity of streaming content.

Wall Street Journal US Business
Sep 22, 2020

Covid-19 Testing Is Hampered by Shortages of Critical Ingredient
Reagents, the chemicals used to process the tests, are hard to come by, and some hospitals are now reverting to restricting Covid-19 tests to the most essential patients.

Wall Street Journal US Business
Sep 22, 2020

Tesla's Battery Day: Why Elon Musk and Other Car Makers Are Fighting Over Batteries
The new arms race in electric cars is in battery technology, as Tesla, General Motors and other companies hunt for better, cheaper power cells to push electric vehicles toward mass acceptance.

Wall Street Journal US Business
Sep 22, 2020

Corporate Compliance Programs Hit Refresh With Data-Analytics Tools
The slow shift toward data-driven corporate compliance programs has a new accelerant: the government. Now, companies are scrambling to figure out how to meet the latest expectations.

Wall Street Journal US Business
Sep 22, 2020

Grand Chicago Hotel in Foreclosure, a Symbol of Covid-19's Toll on Hospitality Industry
The Palmer House Hilton has become one of the most potent symbols of the troubled hospitality industry during the pandemic.

Wall Street Journal US Business
Sep 22, 2020

Laid-Off Workers Cut Spending as Extra Unemployment Benefits Run Out
President Trump's action last month put in place an extra $300 in benefits a week, but those benefits will last only six weeks. Congress, meanwhile, has yet to reach an agreement on a new federal jobless benefit.

Wall Street Journal US Business
Sep 21, 2020

Behind Snowflake's Debut: Rising Data Demands
The startup's roaring IPO last week was due to fortunate timing and growing data needs, tech chiefs say.

Wall Street Journal US Business
Sep 21, 2020

TikTok's Zero Hour: Haggling with Trump, Doubts in China and a Deal in Limbo
After months of maneuvering over the future of TikTok, it took last-minute phone calls to persuade President Trump to sign off in principle on the outlines of an agreement to keep the app operating in the U.S. Even that outcome—an M&A deal like no other—remains uncertain.

Wall Street Journal US Business
Sep 21, 2020

Activist Trian Fund Management Takes Stake in Comcast
Trian Fund Management has taken a stake in Comcast in a bet that the cable giant's shares are undervalued. Comcast is one of the biggest companies ever targeted by an activist.

Wall Street Journal US Business
Sep 21, 2020

Senate Democrats Oppose Bonus for Purdue Pharma CEO
Democratic senators are challenging the OxyContin maker's request to pay its chief executive a bonus that could total millions of dollars while the company is in bankruptcy, saying such an award would be offensive to the families harmed by the opioid crisis.

Wall Street Journal US Business
Sep 21, 2020

Powell Says Swift Government Action Averted Deeper Economic Downturn
Federal Reserve Chairman Jerome Powell said the economic response to the coronavirus alleviated the fallout from the pandemic-induced recession but suggested Congress would likely need to spend more money to shore up parts of the economy.

Wall Street Journal US Business
Sep 21, 2020

Tiffany, LVMH Trial Set for Early January
Tiffany sued LVMH earlier this month after the French luxury-goods company said it couldn't proceed with its $16.2 billion takeover of the U.S. jeweler.

Wall Street Journal US Business
Sep 21, 2020

Fast-Casual Steakhouse Pioneer Sizzler USA Files for Bankruptcy
Sizzler USA filed for bankruptcy, the latest casual dining chain to fall victim to the effects of the Covid-19 pandemic.

Wall Street Journal US Business
Sep 21, 2020

Harley-Davidson Names Tyson Foods Executive as Its Next CFO
Motorcycle maker Harley-Davidson hired an industry outsider with transformation experience as its next finance chief, the first woman in that role.

Wall Street Journal US Business
Sep 21, 2020

CBO Downgrades Long-Term Projections of Economic Growth
The federal government has the capacity to borrow more if Congress chooses, despite high and rising federal debt, Congressional Budget Office Director Phillip Swagel said.

Wall Street Journal US Business
Sep 21, 2020

Cruise Lines Propose Covid-19 Safety Measures to CDC
The cruise industry has outlined the steps it would take to protect people on board its ships amid the Covid-19 pandemic as it seeks regulatory permission to resume sailings in the U.S.

Wall Street Journal US Business
Sep 21, 2020

LA Fitness Lenders Tap Adviser for Debt Negotiations
Lenders to the LA Fitness chain have hired a financial restructuring adviser to lead discussions with the company in an effort to avert a potential cash crunch after pandemic lockdowns rocked the gym industry.

Wall Street Journal US Business
Sep 21, 2020

U.S. Household Net Worth Hits Highest Level Ever
The net worth of American households and nonprofit organizations jumped 6.8% in the second quarter from the first, to $118.96 trillion.

Wall Street Journal US Business
Sep 21, 2020

Volkswagen in Talks to Sell Bugatti Brand to Croatian Upstart
VW, whose brands range from Audi to Porsche and Skoda to Lamborghini, is discussing the possible divestment with Croatia's Rimac Automobili.

Wall Street Journal US Business
Sep 21, 2020

New CBO Projections Show Weaker Economic Growth
The federal government has the capacity to borrow more if Congress chooses, despite high and rising federal debt, Congressional Budget Office Director Phillip Swagel said.

Wall Street Journal US Business
Sep 21, 2020

CDC Removes Guidelines Saying Coronavirus Can Spread From Tiny Air Particles
The Centers for Disease Control and Prevention pulled new guidelines acknowledging the coronavirus could be transmitted by tiny particles that linger in the air, saying a draft version of proposed changes was posted in error on the agency's website.

Wall Street Journal US Business
Sep 21, 2020

Ann Taylor's Parent Gets Green Light to Sell Catherines Brand Out of Bankruptcy
Ascena Retail Group won bankruptcy-court approval to sell the plus-size brand to FullBeauty Brands for nearly $41 million.

Wall Street Journal US Business
Sep 21, 2020

Quibi Explores Strategic Options Including Possible Sale
The streaming-video service, founded by Hollywood mogul Jeffrey Katzenberg, has struggled to sign up subscribers in a competitive online-video marketplace.

Wall Street Journal US Business
Sep 21, 2020

Chinese Leaders Split Over Releasing Blacklist of U.S. Companies
Beijing has sped up development of a list that could be used to punish American technology firms, but some Chinese officials are mindful of moving too aggressively and say a decision should wait till after the U.S. election.

Wall Street Journal US Business
Sep 21, 2020

Fed Moves to Overhaul Lending Rules for Poorer Communities
The Federal Reserve, splitting from other U.S. bank regulators, took an initial step to rewrite rules for hundreds of billions of dollars in lending and investment in lower-income neighborhoods.

Wall Street Journal US Business
Sep 21, 2020

Microsoft Buys Doom Owner in $7.5 Billion Videogaming Deal
Microsoft said it would buy the parent company of videogame publisher Bethesda Softworks for $7.5 billion in cash.

Wall Street Journal US Business
Sep 21, 2020

TikTok and Oracle Spar Over Ownership, Threatening Deal
The role of TikTok‘s Chinese owner in a newly created company pairing the app with Oracle remains a point of contention despite signs of a final agreement over the weekend.

Wall Street Journal US Business
Sep 21, 2020

Microsoft to Buy Videogame Maker ZeniMax Media for $7.5 Billion
Microsoft said it would buy the parent company of videogame publisher Bethesda Softworks for $7.5 billion in cash.

Wall Street Journal US Business
Sep 21, 2020

Fed to Propose Overhaul of Lending Rules for Poorer Communities
Fed governors were prepared to vote to seek public comment on a broad overhaul to its rules for the Community Reinvestment Act, a 1977 law aimed at ending redlining—banks' practice of avoiding lending in certain areas, often minority neighborhoods.

Wall Street Journal US Business
Sep 21, 2020

Sequencing Firm Illumina to Pay $7.1 Billion for Liquid-Biopsy Firm Grail
The purchase in cash and stock of Grail, a developer of a long-sought blood test that promises to detect cancer early, will be Illumina's biggest acquisition.

Wall Street Journal US Business
Sep 21, 2020

Nikola Founder Resigns as Executive Chairman Amid Fraud Allegations
The electric-truck startup's founder and executive chairman is stepping down with immediate effect in the wake of allegations from a short seller that he and the company had made false statements to investors.

Wall Street Journal US Business
Sep 21, 2020

U.S. Joins Global Bid to Carve Up the Internet With TikTok Move
The Trump administration's campaign to make Chinese-owned video-sharing app TikTok relocate to the U.S. is the latest example of the global fracturing of the internet.

Wall Street Journal US Business
Sep 21, 2020

College Town Economies Suffer as Students Avoid Bars, Tailgating
Students are back in Blacksburg, Va., but many remain reluctant to fill the restaurants and shops that have helped insulate this Virginia town from past downturns.

Wall Street Journal US Business
Sep 21, 2020

Nikola Taps Outside Supplier to Provide Batteries in Contrast With Earlier Company Statements
Electric-truck maker Nikola is turning to an outside supplier to provide batteries for its first semi-truck model, a contrast to the company's earlier statements that it has developed its own battery technology.

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