The Wall Street Journal

Icahn Enterprises L.P. (NASDAQ: IEP) founder Carl Icahn has disposed of a sizeable amount of his stake in the dietary supplement selling multi-level marketing company Herbalife Nutrition Ltd (NYSE: HLF), according to the Wall Street Journal. What Happened: Icahn is also relinquishing the...

Roku, Inc (NASDAQ: ROKU) is in advanced negotiations with Quibi to acquire the rights to the latter’s content, the Wall Street Journal reported Sunday. What Happened: Roku would acquire rights to the content library of the Jeffrey Katzenberg-founded company under the terms discussed,...

The U.S. Department of Justice hit Walmart Inc (NYSE: WMT) with a lawsuit on Tuesday alleging that the retailer’s shortcomings led to a rise in the nation’s opioid crisis, according to the Wall Street Journal. What Happened: In the lawsuit, the Justice Department said that Walmart...

Pfizer Inc (NYSE: PFE) is nearing a deal with the outgoing President Donald Trump's administration to supply 100 million doses of its coronavirus vaccine to the United States, the Wall Street Journal reported Tuesday. What Happened: The U.S. government would pay Pfizer $2 billion as...

Marketing executives at Corona beer's parent company Constellation Brands, Inc. (NYSE: STZ) were concerned in early 2020 the brand's unfortunate name resemblance with the coronavirus would impact sales, The Wall Street Journal reported. 'Added Layer' Of Pressure: As the coronavirus...

Facebook Inc (NASDAQ: FB) and Google-parent Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) formed an agreement to work together in preparation for any potential probe that looked into their advertising deal, several U.S. states have reportedly alleged in a lawsuit. What Happened: An unredacted draft...

Movie Studio MGM Holdings Inc has roped in Morgan Stanley (NYSE: MS) and LionTree LLC to aide a sale of its studio business along with its content library, reports the Wall Street Journal. What Happened: The fabled “James Bond” franchise owner’s shares are traded...

Jack Ma, the co-founder of Alibaba Group Holding Ltd (NYSE: BABA), offered to give Beijing parts of his financial technology firm Ant Group in order to repair his relationship with the Chinese government, the Wall Street Journal reported Sunday. What Happened: The previously-unreported offer was...

Facebook Inc’s (NASDAQ: FB) social media platforms are set to see the return of Unilever PLC (NYSE: UL) advertisements after they were withdrawn in support of a protest that called for an end to misinformation and hate-speech, the Wall Street Journal reported Thursday.  What...

Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Google stands accused of colluding with rival Facebook Inc (NASDAQ: FB) in a lawsuit filed by ten states for rigging ad auctions, the Wall Street Journal reported Wednesday. What Happened: The lawsuit filed in the United States District Court...

Private-equity firm Vista Equity Partners has acquired online education-software platform Pluralsight Inc (NASDAQ: PS) in an all-cash transaction for $20.26 per share, the companies announced on Sunday. What Happened: Vista has agreed to pay $3.5 billion to acquire all...

Activist hedge fund Elliott Management Corp. has acquired a significant stake in self-storage service provider Public Storage (NYSE: PSA), the Wall Street Journal reported Sunday — citing people familiar with the matter. What Happened: Public Storage said in a statement...

Huntington Bancshares Inc (NASDAQ: HBAN) and TCF Financial Corporation (NASDAQ: TCF) announced late Sunday the two banks have agreed to merge in an all-stock deal. What Happened: The combined company will have a market valuation of $22 billion and continue to operate under the Huntington ...

Facebook Inc (NASDAQ: FB) decided not to take down content related to an extremist group fearing it might lead to attacks on its employees in India. What Happened: In June, after a violent incident on a Pentecostal church outside New Delhi that led to a pastor being beaten by the...

Affirm Holdings Inc. has become the latest company to put off its IPO until the next year. What Happened: The Wall Street Journal reported that the fintech startup has decided to postpone its IPO until next year — January at the earliest — according to a source familiar with...