Steven A. Cohen’s previous bid for the team collapsed earlier this year. Photo: lucy nicholson/Reuters Aug. 29, 2020 12:30 am ET For the second time in the past year, billionaire Steven A. Cohen is in the driver’s seat to acquire a majority stake in the New York Mets. Mr. Cohen—who saw a previous bid for …
Aug. 29, 2020 12:00 am ET Almost every day old iPhones and other used personal electronics arrive by the truckload at a warehouse in Carson City, Nev., where workers crack them open, pull out their batteries and strip them for raw materials. To JB Straubel, one of the brains behind Tesla Inc., TSLA -1.13% that …
Buzzfeed’s CEO says while publishers may feel some effect in the short term, ultimately the industry will adjust. Photo: Andrew Harrer/Bloomberg News Aug. 27, 2020 6:05 pm ET Privacy changes in Apple Inc.’s AAPL -0.16% new operating system are sending ripples through the digital publishing world, with outlets that rely heavily on advertising bracing for …
For Walmart Chief Executive Doug McMillon, a bid for TikTok would align with many of his personal interests and wider goals for the company. Photo: Rick T. Wilking/Getty Images Aug. 28, 2020 1:50 pm ET Doug McMillon has worked to remake Walmart Inc. WMT 2.69% since becoming its chief executive six years ago. He has …
Any deal for DirecTV would be sizable, but likely a far cry from the $49 billion AT&T paid for it in 2015. Photo: karen bleier/Agence France-Presse/Getty Images Updated Aug. 28, 2020 7:01 pm ET AT&T Inc. T 0.47% is taking a fresh look at its DirecTV business, according to people familiar with the matter, exploring …
American Airlines said that unless it receives more federal aid, it will furlough 17,500 union workers and move forward with 1,500 layoffs in its management ranks this fall. Photo: Patrick T. Fallon/Bloomberg News Aug. 28, 2020 6:37 pm ET A new wave of layoffs is washing over the U.S. as several big companies reassess staffing …
Any deal for DirecTV would be sizable, but likely a far cry from the $49 billion AT&T paid for it in 2015. Photo: karen bleier/Agence France-Presse/Getty Images Updated Aug. 28, 2020 4:27 pm ET AT&T Inc. T 0.47% is taking a fresh look at its DirecTV business, according to people familiar with the matter, exploring …
Aug. 28, 2020 10:10 am ET Since he moved his office outside, Arash Azizi has dealt with rainouts, bird droppings and neck pain so bad that he is thinking about fashioning a harness like the ones used by ballpark vendors so he can keep his laptop screen at eye level. For the 32-year-old writer and …
Updated Aug. 28, 2020 7:47 am ET A dizzying rally in Tesla Inc.’s TSLA -0.99% shares has unleashed a burst of options activity tied to the stock jumping even higher. Tesla recently said it would enact a 5-for-1 stock split, making its wildly popular stock even more accessible to individual investors. Trading on a split-adjusted …
Marc Benioff, chief executive of Salesforce.com Inc., was among the CEOs who signed the Business Roundtable pledge last year. Photo: David Paul Morris/Bloomberg News Aug. 28, 2020 12:37 pm ET One year and a pandemic ago, a group of nearly 200 of America’s most powerful executives vowed to employ a kinder, gentler way to measure …