Goldman Sachs in Advanced Talks to Sell GreenSky in Big Step in Consumer Retreat
The bidding group includes Sixth Street, Pimco and KKR.
Ford Reaches Tentative Deal With Canadian Auto Union
Ford averts a second strike, as it confronts a continuing walkout with the UAW.
Marlboro Maker Hits Reset on $2 Billion Bet on Medicine
Philip Morris is considering selling its stake in a recently acquired pharmaceutical business after setbacks.
Boeing Raises China Plane Demand Forecast
Boeing raised its forecast of commercial airplanes that China needs over the next two decades thanks to the country’s economic growth and recovery in domestic air traffic.
NIO’s Shares Fall on Plans to Raise $1 Billion via Convertible Bonds
NIO’s Hong Kong shares fell following an overnight drop in U.S.-listed shares after the Chinese electric-vehicle maker said it would raise $1 billion via a bond issuance.
Instacart Shares Climb 12% in Stock Market Debut
Shares of the grocery-delivery finished their first day of trading at $33.70, up from the IPO price of $30 a share.
Cboe CEO Resigns Over Relationships With Colleagues
Edward Tilly failed to disclose the personal relationships, according to the options exchange, which appointed Fredric Tomczyk as its new chief executive.
Senators Press J&J Official on Whether Bankruptcy System Is Being Manipulated
Members of the U.S. Senate Judiciary Committee on Tuesday questioned a senior Johnson & Johnson official and other witnesses on whether companies are misusing the bankruptcy system to shield themselves from lawsuits pressing product injury claims.
Amazon, Target to Hire Thousands of Workers Ahead of Holidays
Amazon said it is adding 250,000 workers this fall, exceeding the 150,000 employee target set each of the past two years.
Disney to Invest $60 Billion in Theme Parks, Cruises Over Next Decade
Parks revenue has long been a bright spot for the company that has helped offset losses from its streaming division and other areas.
Source: Dow Jones Newswires