Take-Two will buy Zynga in union of two top game makers
Take-Two Interactive is paying $11 billion to purchase mobile video game maker Zynga. The purchase allows Take-Two Interactive, which makes games like "Grand Theft Auto,"...
Robinhood fined $70M for outages and misleading customers
The fine is the largest ever imposed by the Financial Industry Regulatory Authority, which is known as FINRA, and is just the latest legal punishment...
Warren Buffett’s exit from the Gates Foundation clouds its future
Berkshire Hathaway CEO Warren Buffett, a huge contributor to the Bill & Melinda Gates Foundation, has stepped down as a trustee for the nonprofit organization....
Microsoft to buy Nuance for $16 billion to focus on health care tech
Microsoft said that it would buy Nuance Communications, a provider of artificial-intelligence and speech-recognition software, for about $16 billion, as it pushes to expand its...
Hedge fund seeks full control of Tribune Publishing, a major news chain
In the latest sign of the finance industry’s tightening grip on the local news business, Alden Global Capital has moved a significant step closer toward...
Robinhood pays $65 million to settle charges of misleading customers
The same practices that drove Robinhood’s success are increasingly leading to fines, complaints and scrutiny from state and federal regulators.
TikTok deal at risk over whether U.S. or China will control the app
A deal intended to address the Trump administration’s concerns about TikTok’s ties to China was complicated by a disagreement over whether a U.S. company would...
Citigroup’s Jane Fraser to be first woman to lead a big Wall Street bank
Jane Fraser, head of Citigroup's global consumer banking division, will succeed Michael Corbat as the bank’s next chief executive. Fraser will be the first woman...
J. Crew files for bankruptcy in coronavirus pandemic’s first big retail casualty
J. Crew announced that its parent company, Chinos Holdings, had filed for Chapter 11 protection in U.S. Bankruptcy Court.