The $300 Billion FAANG Surge Lives Another Week
June 10, 2018

The world’s favorite stocks fought through to their seventh rally in nine weeks, though not without landing a few blows on traders.

For about 24 hours on Thursday and Friday, losses in the FAANG block looked liable to snowball, bringing Continue reading

Sainsbury Considers Buying Asda From Walmart
May 27, 2018

  • Combination of U.K. grocers would create rival to Tesco
  • British retailers seek scale amid online, discount competition

J Sainsbury Plc Chief Executive Officer Mike Coupe is fighting back against Amazon.com Inc. and discount grocers with another big takeover bid — Continue reading

Toys R Us Champion Larian Steps Forward With $100 Million to Save Stores
March 25, 2018

The head of the company that created Bratz dolls and Little Tikes is putting $100 million toward a long-shot bid to save Toys “R” Us.

MGA Entertainment Inc. Chief Executive Officer Isaac Larian is aiming to buy the toy-store company’s Continue reading

Keurig to Take Control of Dr Pepper in $18.7 Billion Deal
February 1, 2018

JAB Holding Co.’s audacious effort to build a food-and-beverage empire, which already includes Krispy Kreme Doughnuts and Caribou Coffee, has taken a surprise turn into soft drinks.

The investment firm’s Keurig Green Mountain Inc. business, known for its single-serve coffee brewers, Continue reading

Amazon Reveals Very Long Short List of 20 Cities for HQ2
January 26, 2018

Amazon.com Inc. narrowed the field of cities for its proposed new headquarters to 20, with New York, Boston, Chicago, Miami and Toronto among the contenders.

Seattle-based Amazon solicited proposals in September for its second corporate seat, a project that’s expected Continue reading

World’s Top-Ranked Crypto Exchange Adds 240,000 Users in One Hour
January 14, 2018

The world’s biggest cryptocurrency exchange keeps getting bigger.

Hong Kong-based Binance.com is adding “a couple of million” registered users every week, with 240,000 people signing up in just an hour on Wednesday, Chief Executive Officer Zhao Changpeng said in an Continue reading

Walgreens’s Deal Aversion Can’t Last
January 8, 2018

CVS Health Corp. wasn't frequently mentioned on Walgreens Boots Alliance Inc.'s first quarter earnings call Thursday.

But CVS's $69 billion deal for insurer Aetna Inc. loomed large as Walgreens reported mixed results – it beat analyst revenue estimates, but profit fell 22 percent from Continue reading

Barclays CEO Says Bank Must Protect Payments Business From Apple, Amazon
November 5, 2017

Barclays Plc will need to defend its advantages in the payments business from encroachment by technology companies including Amazon.com Inc. and Apple Inc., according to Chief Executive Officer Jes Staley.

“There are some tectonic shifts going on, driven by tech Continue reading