KKR to Buy S&P Global's Engineering Solutions Unit for $975 Million
The business provides technical standards and related know-how to 650,000 architects, engineers and other users.
Strong Demand for Air Travel Lifts United Airlines' Profit
Rival airlines including Delta and American have also said resilient demand has led to stronger-than-expected revenue gains in the final months of the year.
Whirlpool to Divest Much of European, African Businesses
The appliance maker said Russia's invasion of Ukraine and Brexit made operations more challenging.
FTX Discloses 'Substantial Shortfall' of Customer Assets
Bankrupt cryptocurrency exchange FTX has said it hasn't found enough cash and cryptocurrency assets to make customers whole, suggesting a long road ahead as the company works to get money back to customers.
Carvana Adopts a 'Poison Pill' to Ward Off a Hostile Takeover. The Stock Bounces.
The so-called NOLs carryforwards are tax provisions that discourage the acquisition of more than 4.9% of the company's stock. They are seen as a move to avoid a hostile takeover.
Deal Slump Dents Profits at Goldman Sachs, Morgan Stanley
The results capped a tough year for Wall Street deal makers, though Morgan Stanley's performance beat expectations, sending its shares higher.
Roblox Shares Rise as More Users Log On
Shares of Roblox, which operates a virtual place where people play and make transactions, rose almost 13% after the company posted its December metrics.
Disney Defends Board, Robert Iger Against Peltz's Criticisms
The entertainment company says the investor fails to understand its business.
Peloton Names Twitter's Former Top Marketer as CMO
The incoming Leslie Berland left Twitter amid Elon Musk's takeover of the social-media company.
Apple Rolls Out Latest MacBook Pro With New M2 Chips
The enhancements enable a more power-efficient performance and battery life, with prices of new MacBook models ranging from $1,999 to $2,499.
(END) Dow Jones Newswires
01-17-23 1915ET
