Toshiba Shareholders Approve $13.5 Billion Deal to Take Company Private
The Japanese industrial conglomerate’s stock is expected to be delisted after almost 80% of shareholders agreed to a private-equity firm’s tender offer.
Inside Apple’s Spectacular Failure to Build a Key Part for Its New iPhones
The company set out to design a silicon chip that would allow it to cut ties with Qualcomm, a longtime supplier and bitter foe.
FedEx Earnings Rise Despite Weakened Demand
Shipping giant sees savings from cost-cutting measures.
Tensions in UAW Talks Flare as Ford Averts Strike in Canada
Talks with Unifor have been running parallel to those in the U.S. with the UAW, an unusual overlap that has put pressure on the Detroit automakers.
KB Home stock slips despite earnings beat, raised forecast and ‘steady’ demand
KB Home shares declined after hours Wednesday following an earnings beat, a hiked revenue forecast, and reported steady demand amid rising mortgage rates.
Klaviyo Shares Soar in Debut, Pointing to IPO Resurgence
The firm, which stores and manages customer data for business-to-consumer brands, priced its IPO offering of 19.2 million shares at $30 each.
Texas Two-Step Bankruptcies Carry On Despite Setbacks
The legal tactic for managing mass lawsuits is moving ahead in several bankruptcy cases despite court setbacks and scrutiny from Congress.
FTC Names Three Amazon Executives in Suit Over Prime
The Federal Trade Commission disclosed new details in its lawsuit against Amazon.com involving an alleged scheme to enroll customers unwittingly in the company’s Prime program.
Amazon Tries Giving Hardware an AI Shine
Generative AI is coming to Alexa devices, but AWS will prove to be the real battleground.
SpaceX Sues Justice Department to Stop Discrimination Case
The DOJ sued the rocket company in August, alleging it discouraged refugees from applying for positions and refused to hire them or consider their applications.
Source: Dow Jones Newswires