Microsoft Can Close Its $75 Billion Buy of Activision Blizzard, Judge Rules
The companies can complete the deal before a Federal Trade Commission hearing that is scheduled for August.
CVS Caremark Delays Block Customers From Their Prescriptions
The business, which manages drug benefits for millions of Americans, said it resolved a system issue and is working through a backlog.
Thales Expands Avionics with Cobham Aerospace Buy
Thales has entered into exclusive negotiations to buy France-based Cobham Aerospace Communications for an enterprise value of $1.1 billion and said the acquisition is expected to bring yearly double-digit EBIT growth in the medium term.
Disney Explores Strategic Options for India Business
The talks are a sign of how Star India’s fortunes have changed since Disney’s purchase of Fox entertainment assets.
India Says Foxconn, Vedanta Chip Venture Ended Due to ‘Internal Issues’
A government minister says both companies will still pursue chip projects in India.
KPMG Plans $2 Billion Investment in AI, Cloud Services
An expanded partnership with Microsoft is expected to bring in $12 billion in revenue for KPMG over five years, the Big Four accounting firm said.
Washington Post Hires Revenue Chief After Leadership Exodus
Alex MacCallum will focus on increasing the news publisher’s subscription and ad businesses.
Mallinckrodt Sued for Allegedly Misleading Investors
Shareholders accuse the pharmaceutical company of misrepresenting its financial strength before missing payments to opioid victims and bondholders.
Roku Soars on Shopify Deal for Click-to-Buy TV Ads
The deal will make it easier for people to immediately buy things advertised on screen.
A Glass House for Elon Musk Sparks Internal Tesla Probe
Plans for Tesla’s secret “Project 42” called for an unusual-looking glass structure in the Austin, Texas, area.
Source: Dow Jones Newswires