Microsoft and Activision extend deadline to close $69 billion deal under close regulatory scrutiny
The deadline for Microsoft’s $69 billion acquisition of video game company Activision Blizzard has been extended to as the companies seek to close a deal that has been opposed by regulators in the U.S. and the U.K.’s Competition and Markets Authority
2023-07-19 21:53
AT&T bounces back after it eases fears over lead cable exposure
(Reuters) -Shares of AT&T rose 6.4% on Wednesday after the telecom company said lead cables made up only a small
2023-07-19 21:52
Gucci CEO to step down as parent company chases the global luxury boom
The president and CEO of Gucci will step down later this year as part of a leadership overhaul at its French parent company Kering aimed at capturing more of the booming global market in luxury goods.
2023-07-19 21:52
Jeffries outraises McCarthy in second quarter, bringing in $29 million for House Democrats
House Minority Leader Hakeem Jeffries raised $29 million in the second quarter of 2023, bringing in a total of $62.4 million this year.
2023-07-19 21:52
Merger Rules Get Tougher in Crackdown by Antitrust Enforcers
US antitrust agencies stepped up the Biden administration’s crackdown on mergers and acquisitions with a sweeping overhaul of
2023-07-19 21:50
Microsoft and Activision extend their deal deadline
Microsoft and Activision have mutually agreed to extend their merger deadline by three months in the face of ongoing negotiations with the UK government that could allow the $69 billion acquisition to close, the two companies announced on Wednesday.
2023-07-19 21:49
Northern Trust's Q2 profit drops on fee-based income weakness
Asset and wealth manager Northern Trust reported a 17% drop in second-quarter profit on Wednesday, as lower fee-based
2023-07-19 21:29
Integrated DNA Technologies Launches New Respiratory Virus Panel
CORALVILLE, Iowa--(BUSINESS WIRE)--Jul 19, 2023--
2023-07-19 21:26
Don’t Say Tory: How Sunak’s Party Targets Key Votes
As he quit Parliament last month, Boris Johnson lashed out at what he called a “protracted political assassination.”
2023-07-19 21:25
Europe Gas Swings as Heat Risks Overshadow Ample Fuel Supplies
European natural gas prices fluctuated between gains and losses on Wednesday as traders weighed rising storage levels and
2023-07-19 21:25
Heatwave-linked pollution sees Spanish city urge less car use
MADRID A few weeks after saying it will curb its low emission zone (LEZ), the new right-wing coalition
2023-07-19 21:20
Goldman Sachs profits plunge 58% as dealmaking dries up
Goldman Sachs reported a sharp drop in profit on Wednesday as dealmaking and trading, a core part of the mega bank's business, dry up. The Wall Street titan also felt the pain of a nearly $1 billion reduction in the value of its consumer and real estate businesses.
2023-07-19 21:19