Disney to Form India Joint Venture, Valued at $8.5 Billion 

Disney said it has struck a deal to form a joint venture, valued at $8.5 billion, that will combine its Star India business with Viacom18, an Indian media company.

Elon Musk Says Long-Delayed Tesla Roadster Coming Next Year 

The announcement comes on the heels of BYD's debut of a high-end sports car.

Stripe Valuation Jumps to $65 Billion in Employee Share-Sale Deal 

The fintech giant's employees will get a chance to cash out over $1 billion of stock.

Rent the Runway's Plan for Regrowth Starts With a New Marketing Chief 

The fashion rental service has spent the best part of four years fixing its operations. Now it says it is ready to start winning back customers.

Reckitt Benckiser profits slump on lower sales and Middle East accounting issue 

The Durex owner saw its sales volumes plunge following its decision to hike prices by 7.8% over 2023

Baidu Posts Record Revenue Amid Search for New Growth Engines 

Chinese search-engine giant Baidu posted record quarterly revenue and higher adjusted profit, helped by higher ad spending and the rising profile of its ChatGPT-rival chatbot.

Advance Auto's stock rises after upbeat guidance for 2024 offsets quarterly loss 

Car parts maker is in the midst of a turnaround that includes asset sales and cost cuts

Virgin Galactic Stock Is Dropping After Earnings Beat. Here's Why. 

Space-tourism firm Virgin Galactic reported a fourth-quarter loss that was narrower than expected, but guidance for the top line disappointed.

Nordic Capital Acquires Data Analytics Company ActiveViam 

ActiveViam offers software that helps financial institutions manage risk.

Swisscom in Talks to Buy Vodafone's Italian Unit 

Swisscom said it was in advanced talks to buy Vodafone's business in Italy for $8.7 billion and merge it with its Fastweb subsidiary, potentially shaking up one of Europe's largest telecoms markets..

(END) Dow Jones Newswires

02-28-24 0915ET