CVS and Aetna Getting Together

October, 11, 2018|

DOJ Approves CVS-Aetna Deal

The Justice Department’s approval of the $69 billion merger between CVS Health and Aetna on Wednesday caps a wave of consolidation among giant health care players that could leave American consumers with less control over their medical care and prescription drugs...

SoftBank Shares an Office

October, 10, 2018|

SoftBank Discusses Stake in WeWork

SoftBank Group Corp. is in discussions to take a majority stake in WeWork Cos., in what would be a giant bet on the eight-year-old provider of shared office space...

Trian Fund Wants a Slice

October, 9, 2018|

Train Fund Takeover Bid

Trian Fund Management LP is evaluating a takeover bid for Papa John’s International Inc., people familiar with the matter said. The activist hedge fund recently contacted the pizza chain to collect information as it explores a possible bid...

Self-Driving Partnership

October, 4, 2018|

Honda and GM Team Up

General Motors is partnering with Honda to speed up the deployment of self-driving cars to major cities in 2019. Honda will contribute about $2 billion over 12 years to the partnership and will finance a $750 million equity investment in Cruise, GM's self-driving car company...

Amazon Starts Wage Inflation

October, 3, 2018|

Amazon Raises its Minimum Wage Inc. said it is raising the minimum wage it pays all U.S. employees to $15 an hour, firing back at criticism over its compensation for warehouse workers and stoking competition for labor in the holiday-shopping period...

GE Tries Something New

October, 2, 2018|

GE Moves on from Flannery

General Electric Co. fired Chief Executive John Flannery after 14 months in the job as deeper problems in the conglomerate’s troubled power unit blindsided the board and caused GE to warn it would miss profit and cash targets...

Tesla Finds Trouble Again

September, 28, 2018|

SEC Sues Elon Musk for Fraud

Elon Musk, Tesla’s chief executive, was accused by federal regulators on Thursday of misleading investors with false public statements, a move that could force him out of the company’s leadership. At issue is Mr. Musk’s declaration on Twitter last month that he had “funding secured” to buy out the stock of the electric-car maker...

Uber Fined Again

September, 27, 2018|

Uber to Pay $148 Million

Uber Technologies Inc. will pay $148 million for failing to disclose a massive data breach in 2016, marking a costly resolution to one of the biggest embarrassments and legal tangles the ride-hailing company has suffered...