LVMH Countersues Tiffany Over Merger
The French luxury-goods conglomerate says the damage the U.S. jeweler's business has suffered during the pandemic invalidates their $16 billion deal.
Microsoft Office 365, Azure Cloud Disrupted by Service Issues
The company said problems included some users of its Outlook email services and Teams workplace collaboration suite that provides chat functionality and videoconferencing.
Ransomware Attack Hits Universal Health Services
A malicious software attack crippled computers at one of the nation's largest hospital chains and led it to cancel some surgeries and divert some ambulances.
Japan's NTT to Take Full Control of Mobile Unit in $40 Billion Deal
Japan's biggest telecommunications company said it would spend $40 billion to buy the portion of its mobile unit that it doesn't already own, taking full control of its principal cash cow.
A $40 Billion Docomo Deal Is a Bitter Pill for Rivals
Japan's new prime minister could shake up its telecom market with potentially the country's largest ever tender offer for its top mobile carrier. Investors in competitors may want to consider roaming elsewhere.
U.S. Likely Exceeded Authority in TikTok Ban, Judge Says
Banning downloads while the court fight continues would harm the video-sharing app's business, a federal judge said, ruling that the Trump administration's curbs likely went beyond the bounds of a national security law.
Creditors Protest Chuck E. Cheese Sale Timeline
Chuck E. Cheese's bondholders are taking aim at the tight timeline for the sale of the children's party venue, saying it could discourage outside buyers and leave the company with no choice but to sell to its top-ranking lenders.
Drugmaker BioShin Gets $60 Million to Tap Asia-Pacific Market
OrbiMed Advisors led the funding round for the Shanghai-based subsidiary of Biohaven Pharmaceutical, maker of Nurtec.
Hertz CFO Steps Down After Less Than Two Months, Forfeits Bonus
Hertz Global Holdings named its second finance chief in as many months, as the troubled car-rental company navigates a tumultuous bankruptcy process.
United Trims Furlough Plans
The carrier said a deal with pilots has reduced planned layoffs to about 12,000 if more federal aid isn't arranged this week.
