Icahn Gets Breathing Room From Lenders Following Short-Seller Attack
Deal unties his personal loans from the trading price of Icahn Enterprises.
TPG to Buy Forcepoint Unit From Francisco Partners for $2.45 Billion
The carve-out of Forcepoint’s government cybersecurity business comes less than three years after technology-focused Francisco Partners bought the company.
Novartis Keeps Outlook Despite US Court Decision
Novartis said a Delaware district court established the patent on its heart-failure drug Entresto was invalid, but the company maintained its guidance for 2023 and its mid-term outlook.
Electric-Vehicle Startup Fisker Is Reborn Into a Crowded, Competitive Field
California-based Fisker is finally putting its first cars into the hands of U.S. customers, 2 1/2 years after going public amid a frenzy on Wall Street for electric-vehicle makers.
The Chinese Auto Empire Coming to the U.S.
Forget BYD: Geely is the Chinese car company Americans will see most of in the coming years, through brands such as Volvo, Polestar, Lotus and Zeekr.
In Battle With Microsoft, Google Bets on Medical AI Program to Crack Healthcare Industry
The search giant is fine-tuning chatbot technology via medical licensing exams.
Snap’s Push to Tempt Creators Seems to Be Working
Social-media app Snapchat is trying to counter declining sales.
Several Execs From Joele Frank Launch New Firm With Deals Reporter
Ed Hammond, formerly of Bloomberg, joins new outfit focused on strategic communications.
He Pushed the New York Times to Buy Wordle. Now He Has to Make Sports Work.
David Perpich, cousin of Times publisher A.G. Sulzberger, was an architect of the subscriber bundle of games, a cooking app, the Wirecutter and sports-media site the Athletic.
China’s Ant Gives Trapped Investors an Opportunity to Cash Out
The financial-technology giant told its shareholders it would buy back up to $6 billion in stock, more than two years after its blockbuster initial public offerings were scuttled by Beijing.
Source: Dow Jones Newswires