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 U.K. Deals a Huge Blow to Microsoft’s $69 Billion Activision Bid
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…
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…
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…
A Hollywood Superagent Buys a Pro Wrestling Heavyweight
Ari Emanuel’s Endeavor acquires World Wrestling Entertainment to create a live event and combat sport giant. Story Published at: April 3, 2023 at 12:55PM Continue Reading…
Has Bitcoin Benefited From the Banking Crisis? Not in the Way Its Fans Hoped.
Bitcoin’s price has soared since banks failed this month, but there’s little evidence that the surge is being driven by investors treating the virtual currency as a financial alternative. Story Published at: March 31, 2023 at 10:00AM Continue Reading…
Banking Regulators Prepare for Tough Questions from Lawmakers
Three top officials will testify in Congress about the turmoil caused by the collapse of Silicon Valley Bank, and their role in it. Story Published at: March 28, 2023 at 12:34PM Continue Reading…
Markets Climb as Silicon Valley Bank Finally Finds a Buyer
First Citizens agreed on Sunday to acquire the failed lender’s retail operations, a move that will cost taxpayers but is reassuring investors. Story Published at: March 27, 2023 at 12:51PM Continue Reading…
There’s More to Silicon Valley Than Loudmouth V.C.s on Twitter
The tech industry is far from perfect, but it remains essential to America’s future. Story Published at: March 24, 2023 at 09:00AM Continue Reading…