The troubled lender is working on a lifeline, but time is running out. Story Published at: April 28, 2023 at 01:15PM Continue Reading…
First Republic’s Troubles Reignite Fears of a Banking Crisis
The U.K. Deals a Huge Blow to Microsoft’s $69 Billion Activision Bid
The British antitrust watchdog blocked the takeover attempt, in a decision that will be closely watched in Washington and Brussels. Story Published at: April 26, 2023 at 01:30PM Continue Reading…
The Calculus Behind Firing Tucker Carlson
The host was Fox News’s brightest star, but his history of controversy and potential legal issues may have prompted the Murdochs to swing the ax. Story Published at: April 25, 2023 at 12:59PM Continue Reading…
Why First Republic Has Not Done a Deal
Big banks gave the regional lender a $30 billion lifeline following the collapse of Silicon Valley Bank, but it has yet to raise more cash, sell assets — or itself. Story Published at: April 24, 2023 at 01:35PM Continue Reading…
Why BuzzFeed Is Closing Its News Division
The publisher ultimately couldn’t surmount the challenges facing digital journalism — and many of its peers are still struggling as well. Story Published at: April 21, 2023 at 12:58PM Continue Reading…
The Plan to Get Rupert Murdoch to Pay Up
An owner of Dominion Voting Systems spoke about the company’s strategy that led Fox to agree to a $787.5 million defamation settlement. Story Published at: April 19, 2023 at 01:26PM Continue Reading…
Goldman Sachs Falters Amid Strong Earnings From Big Banks
The Wall Street giant’s latest financial results show how its push into consumer banking remains a drag on its overall business. Story Published at: April 18, 2023 at 01:23PM Continue Reading…
Earnings Season Arrives With Recession Fears Front and Center
Investors will be closely watching whether worries about an economic slowdown dent corporate profits, and lead to further layoffs. Story Published at: April 13, 2023 at 01:01PM Continue Reading…
Elon Musk Addresses the ‘Painful’ Side of Running Twitter
The social network’s owner talks about bots, blue checks and why he went ahead with the $44 billion acquisition. Story Published at: April 12, 2023 at 12:57PM Continue Reading…
Why Drugmakers’ Battle in Texas is Such a Big Deal
The decision by a Texas judge to overturn F.D.A. approval for the abortion pill mifepristone could upend the pharmaceutical industry. Story Published at: April 11, 2023 at 01:01PM Continue Reading…