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The Latest Breaking News from Wall Street Journal

Morning Brief: Top Financial Stories Dominating on Friday, May 6

Reuters IHG Hotels & Resorts On Way To Recovery As Travel Booms

Benzinga

Closely Watched Bausch + Lomb IPO Priced Below Expectations

Bausch + Lomb Corp (NASDAQ:BLCO) has priced its initial public offering at $18/share, falling short of expectations as it became the first big company in months to try going public in a turbulent stock market, writes Wall Street Journal. Bausch Health Companies Inc (NYSE:BHC), the parent company, raised $630 million in the offering. According to…

Benzinga

Boeing HQ departing Chicago for Washington

The airplane manufacturer, which moved here in 2001, is moving its headquarters to Arlington, Virginia, near Washington, D.C., to be closer to key government officials.

Chicago Sun-Times

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Do you need a grad degree to compete right now? Probably not

Graduate degrees, once touted as the new bachelor’s degrees, are becoming less crucial to get jobs

The Independent UK

Telehealth startup Cerebral will stop prescribing Adderall for new ADHD patients

The company says it will continue to prescribe controlled substances for other conditions.

Axios

Here's Why Roku Collaborated With Apollo

Roku, Inc (NASDAQ:ROKU) has collaborated with private-equity firm Apollo Global Management, Inc (NYSE:APO) to bid for a minority stake in the pay-TV and streaming service Starz, the Wall Street Journal reports. Roku and Apollo could acquire up to a 20% stake in Starz. Still, the partners are yet to agree on a valuation with…

Benzinga

Welltower Made All-Cash $5B Bid For Healthcare Realty Trust: WSJ

Welltower Inc (NYSE:WELL), a healthcare-focused real estate investment trust, has reportedly made a nearly $5 billion all-cash bid for Healthcare Realty Trust Incorporated (NYSE:HR), according to people familiar with the matter. Welltower, with a market value of roughly $41 billion, has a portfolio of senior housing, rehabilitation centers, and medical offices. Healthcare Realty deal would…

Benzinga

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User Location Data For Gay-Dating App Grindr Was Commercially Available: Report

Location data related to users of the gay-dating app Grindr has been commercially available without the knowledge of users, according to a new report from the Wall Street Journal.

Benzinga

Is Giga Berlin Tesla's Ticket To Taking Back EV Market Share In Europe?

As EVs take hold of the larger auto market, Tesla trails in sales across Europe by a somewhat narrow margin. However, Giga Berlin may give Tesla an advantage.

InsideEVs

Morning Brief: Top Financial Stories Dominating on Friday, April 29

CNBC

Benzinga

Could Biden Extinguish Tobacco Stocks With This Regulation?

The U.S. government could be speeding up a plan to ban menthol cigarettes, according to a new report. Here’s the new timeline and two stocks that could be affected.

Benzinga

Elon Musk Said To Have Clinched Victory In SolarCity Takeover Shareholder Lawsuit

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has clinched a legal victory over a shareholder lawsuit related to the SolarCity Corp takeover, The Wall Street Journal

Benzinga

Report: ESPN’s Sage Steele Sues Network Over Free Speech Claims

The SportsCenter host claims she was “sidelined” from major assignments after comments she made last year on Jay Cutler’s podcast.

Sports Illustrated

Sanction Putin's mistress to hurt him and make her 'miserable', former spy chief urges

Alina Kabaeva has long been rumoured to be Vladimir Putin's girlfriend and the mother of three of his children, although they've both denied being involved with one another

Daily Mirror

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Salon

CEOs got big raises while hiking prices

Some companies raised prices, blaming rising wages — but actually cut workers' pay, according to new report

Asharq Al-Awsat

Carlos Ghosn 'Surprised' by Reports of French International Arrest Warrant

Carlos Ghosn, the former car executive at the helm of Renault and Nissan, was "surprised" by earlier media reports which stated that French prosecutors had issued an international arrest warrant for him, said a spokesperson for Ghosn. "This is surprising, Ghosn has always co-operated with French authorities," a spokesperson for…

Reuters

Carlos Ghosn surprised by French international arrest warrant

Carlos Ghosn was surprised by an international warrant sought by a French magistrate linked to an investigation into allegations of suspect money flows to an Omani dealership, a spokesman for the fugitive former Renault-Nissan boss said.

Benzinga

Amazon Faces Activism Over Workplace Safety

A group of New York City and state pension funds owning over $5.3 billion of Amazon.com Inc (NASDAQ:AMZN) stock or ~0.3% of the company's market value urged fellow shareholders to vote against the re-election of two board members, the Wall Street Journal reports. New York City's pension fund paired up with New York…

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news in one place.

100's of premium titles.
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The Guardian - US

Meta's Sheryl Sandberg allegedly leant on news site to drop stories about ex-boyfriend

The Daily Mail dropped two stories detailing Activision’s Bobby Kotich’s abuse of an ex after threats by Meta executive, WSJ reports

Roll Call

At the Races: No recess for campaign money - Roll Call

The CQ Roll Call newsroom tracks campaigns nationwide, sharing the best stories, with some extras, in the At the Races newsletter.

Benzinga

This Digital Freight Operator Raises Funds At $3.8B Valuation, Positioning It For Potential IPO

Digital freight operator Convoy Inc raised $160 million in new funding that values the load-matching business at $3.8 billion positioning it for a potential IPO. Convoy substantially completed the Series E funding round led by Baillie Gifford & Co, T. Rowe Price Associates Inc, and others during the fourth quarter of 2021. Convoy…

The Guardian - US

Joe Biden must ditch ‘woke advisers’ to fix US economy, Mitt Romney says

Republican senator makes demand in Wall Street Journal but does not suggest what a ‘woke adviser’ is or what one might recommend

Benzinga

KKR Led Consortium Offers To Buy Australia's Largest Private Hospital Operator: WSJ

Wall Street Journal reported that a KKR & Co Inc (NYSE:KKR)-led consortium offered to buy Australian hospital operator Ramsay Health Care Ltd (OTC:RMSYF) (OTC:RMYHY) for roughly $14.9 billion. Ramsay is Australia’s largest private hospital operator and operates in the U.K., France, Scandinavia, Malaysia, and Indonesia. In Australia’s private hospital sector, Ramsay has 28% of beds,…

The Independent UK

Baby formula shortage: What is causing supply issue and which stores are rationing products?

Out-of-stock per centages reached higher than 40 per cent in seven states in first week of April

Benzinga

Starbucks Plans Better Benefits For Some Workers In Bid To Discourage Unionization

Starbucks Corporation (NYSE: SBUX) is going all out to ward off store workers from unionizing, according to a Wall Street Journal report from Wednesday. This comes

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