Intuit to buy Credit Karma to create financial data giant
The $7.1 billion transaction underscores the value of the financial details of ordinary Americans.
Michael Bloomberg leans left with plan to rein in Wall Street
The ambitious financial policy plan includes taxing financial transactions and toughening restrictions on risky banking practices. Some of the billionaire’s proposals wouldn’t be out of...
The biggest IPO ever? Saudi state-owned oil giant Aramco is going public
LONDON — Saudi Arabia’s giant state-owned oil producer, Saudi Arabian Oil Co., announced plans Sunday to go public in what could be the largest initial...
WeWork, rejected by Wall Street, accepts lifeline from SoftBank
In addition to the takeover offer from SoftBank, WeWork’s board had also been considering a $5 billion debt financing offer from JPMorgan Chase.
WeWork considers rescue plans from SoftBank and JPMorgan
The purveyor of shared office space, which aborted an initial public offering last month, has lost billions of dollars and needs a big cash infusion.
Branson’s Virgin Galactic to reach a new frontier: the stock market
Richard Branson’s Virgin Galactic announced plans to merge with a public shell company, a deal that would give the space tourism business its first stock...
U.K.’s competition regulator halts Amazon investment in a delivery service
Britain’s competition regulator has begun an investigation into an $575 million investment led by Amazon in the London-based food-delivery service Deliveroo, the latest effort by...
Amazon to invest in Deliveroo, a rival to Uber in food delivery
The cash infusion will strengthen one of the largest international rivals to Uber’s meal-delivery division, UberEats.