TikTok Deal Talks Are Slowed Over New China Rules
Plans to quickly complete a deal between the Chinese parent company of TikTok and suitors for the app's U.S. operations have been thrown off track as the parties huddled this weekend to weigh new Chinese restrictions that appear designed to affect a potential sale.
Berkshire Hathaway Buys Stakes in Five Japanese Trading Companies
Warren Buffett's Berkshire Hathaway took stakes of slightly more than 5% in five of Japan's most venerable corporate names with big investments in energy.
Yum China Plans Up to $2.5 Billion Hong Kong Listing
China's largest restaurant company Yum China Holdings Inc., the company that operates KFC and Pizza Hut in the country, has begun taking orders for a Hong Kong share sale that could raise more than US$2.5 billion.
Former HR Chief a Focus of McDonald's Investigation
David Fairhurst, McDonald's former head of human resources, is emerging as a focus of the company's investigation into possible impropriety under former CEO Steve Easterbrook.
Facebook Executive Supported India's Modi, Disparaged Opposition in Internal Messages
A Facebook executive in India made internal postings supporting the now ruling Hindu nationalist party and disparaging its main rival, which some staff saw as conflicting with the company's neutrality pledge.
United Ends Domestic Change Fees
United Airlines said it is permanently ending flight change fees for most domestic tickets, the latest effort to boost demand in an air-travel industry hit hard by the coronavirus pandemic.
Tech Startup, Trying to Be Amazon for Farms, Runs Into Ag Giants
Farmers Business Network wants to revolutionize e-commerce for farming supplies. It has hit headwinds from established manufacturers and retailers.
Activision Does its Duty
Activision Blizzard's new "Black Ops Cold War" will make the traditional launch window-and bump up the price.
KKR Nearing Deal to Sell Epicor
The back-office software company would fetch roughly $4.7 billion, including debt, from a group led by private-equity firm Clayton Dubilier & Rice.
BlackRock Gets Go-Ahead for a Mutual-Fund Business in China
BlackRock got approval from regulators to start a mutual-fund business in China, a milestone for an investment firm with fierce ambitions in the world's second-largest economy.
