JPMorgan, PNC Submit Bids to Buy First Republic in Government-Led Sale
The FDIC is expected to name a winning bidder before First Republic opens Monday morning.
Astellas Pharma to Buy Iveric Bio
The Japanese drugmaker said it agreed to acquire Iveric bio for about $5.9 billion to strengthen its capabilities in the ophthalmology field.
SoftBank’s Arm confidentially files for massive IPO
Arm Ltd., the British chip maker owned by Japan’s SoftBank Group Corp., confidentially filed for its long-awaited initial public offering over the weekend.
Revlon Taps New Directors as Lenders Take Control in Bankruptcy
The beauty products company will get new owners and will field a board with executives from such companies as Bloomin’ Brands, Sephora and Walgreens.
Starbucks, Ford, Apple Lead Another Busy Earnings Week
Most companies have surpassed Wall Street’s earnings expectations for the quarter.
Jack Dorsey Criticizes Sale of Twitter to Elon Musk
The Twitter co-founder said on social media that “it all went south” at the social-media platform when it was sold.
‘Super Mario’ Becomes the First Billion-Dollar-Plus Film of 2023
The animated film is just the fifth movie since the pandemic to gross 10 figures worldwide.
Hollywood Braces for Potential Writers’ Strike Spurred by Shift to Streaming
Fans of late-night TV could be the first to feel the effects of what would be the second walkout in four decades.
Indeed’s Price Changes Leave Small Businesses Feeling Burned
The job-search site’s switch to a pay-per-application model led to surprise charges, prompting the company to backtrack. “I woke up to a $5,000 bill!” a small-business owner said.
Musk Expects SpaceX to Spend Around $2 Billion on Starship This Year
The company plans to add more ground infrastructure at its launch site in South Texas and likely won’t need to seek new funding
Source: Dow Jones Newswires