Origin Energy Bidder Doesn’t Know How Much Largest Shareholder Wants
The consortium bidding to acquire Origin Energy for nearly US$11 billion still doesn’t know what price the Australian power company’s biggest shareholder wants to get a deal done.
Will Livestreaming Be TikTok’s Amazon-Killer?
TikTok is moving aggressively into e-commerce-a space where its Chinese equivalent is massively successful.
Elliott Renews Push for Change at Big Wireless-Tower Owner
The activist has amassed a stake of more than $2 billion in Crown Castle.
Airlines Brace for Busy Airports as Holiday Ends
Roughly three million people are expected to travel Sunday as the country returns from holiday activities and a storm moves into the Northeast.
Meta Designed Products to Capitalize on Teen Vulnerabilities, States Say
Documents that have been unredacted in a complaint filed earlier by states show Meta conversations about age, product design and potential harms.
First Republic Crashed and Burned. This Bank Wants to Copy Its Business.
Citizens Financial is scooping up bankers from First Republic. Executives say they will copy only the good parts of the failed bank.
The Hacked Bank ICBC Paid Just $1 for Its Place on Wall Street
The China megabank bought its U.S. broker-dealer 13 years ago for practically nothing. It got more than it bargained for.
Disney’s ‘Wish’ Has Lackluster Thanksgiving Box-Office Debut
The animated musical comedy brought in nearly $20 million over the three-day weekend, behind “The Hunger Games” and “Napoleon.”
‘Dirty Dancing,’ Religious Dramas and Opera Singers Are Saving the Movies
Theaters embrace alternative content from old films to musicals to fill seats as Hollywood releases dwindle.
Behind Credit Suisse’s Fall: A Chairman’s Lasting Mark on the Culture
Insiders and investors say the bank’s board, headed by Urs Rohner, was ultimately responsible for its fate.
Source: Dow Jones Newswires