Estée Lauder to Buy Tom Ford in $2.8 Billion Deal
The deal builds on a longstanding licensing agreement and marks the cosmetics giant's largest acquisition, executives said.
BlockFi Prepares for Potential Bankruptcy as Crypto Contagion Spreads
BlockFi, financially entangled with the now-bankrupt FTX, is planning to lay off workers and exploring a bankruptcy filing itself, people familiar say.
Walmart Sales Rise as Retail Giant Gains Shoppers
Comparable U.S. sales, those from stores and digital channels operating over the past 12 months, rose 8.2% through Oct. 28 from a year earlier.
Berkshire Hathaway Bets Big on Taiwanese Chip Maker
Warren Buffett's investment in Taiwan Semiconductor Manufacturing marks the latest step into an industry that he had shied away from for much of his career.
Activist Investor Calls on Alphabet to Slash Costs
Hedge fund TCI urged the Google parent to reduce losses in long-term bets such as the self-driving car unit Waymo and said the company would be more efficient with fewer employees.
FTX Founder Tries to Raise Cash
The cryptocurrency exchange filed for bankruptcy last week, but Sam Bankman-Fried still thinks he can raise enough money to make users whole, people familiar with the matter said.
Home Depot Sales Up 5.6% in Third Quarter
The home-improvement chain said sales grew even as it again recorded fewer transactions.
Tesla Projections Take Center Stage on Day Two of Elon Musk Compensation Trial
Company's chair testifies in trial over Musk's multibillion-dollar pay package
Amazon's New Telehealth Service to Offer Care for Common Conditions
The company launched Amazon Clinic, the tech giant's latest effort to expand its healthcare offerings after it closed down its previous telehealth venture.
Second Time Might Be the Charm for Alzheimer's Blockbuster
Biogen had been a sinking ship following its Alzheimer's flop, but positive results in September have changed the company's trajectory.
(END) Dow Jones Newswires
11-15-22 1915ET
