Walgreens Seals $10 Billion Take-Private Deal With Sycamore
One of the biggest leveraged buyouts in the past decade would try to revive the pharmacy icon in private hands.
Tesla's Fortunes Fall as Musk Rises in Trump World
The CEO’s politics have eroded the brand’s appeal among some buyers of electric vehicles, surveys indicate. “I used to idolize the guy,” said one Tesla driver who wants to get out of his lease.
SpaceX Again Loses Spacecraft During Latest Starship Test Flight
The explosion disrupted flights in the Caribbean. Elon Musk’s company dealt with a similar setback during a January flight.
Broadcom Earnings and AI Strength Should Win Over a Tougher Crowd
Revenue from the company’s custom AI chips is soaring, with more potential customers in the pipeline.
Gap Beats Wall Street Expectations Thanks to Holiday-Season Sales
The San Francisco apparel company behind Old Navy, Banana Republic and its namesake brand posted sales and a profit ahead of Wall Street expectations while growing its same-store sales for the period ended Feb. 1.
Costco Revenue Misses, But Same-Store Sales Higher Than Expected
The retailer posted a profit of $1.79 billion in the quarter ended Feb. 16, compared with $1.74 billion a year earlier.
HPE to Eliminate 2,500 Jobs as Tariffs Hurt Fiscal Outlook
Chief Financial Officer Marie Myers said the outlook reflects the latest tariffs on goods from China, Canada and Mexico.
Australia's Insignia Opens Books to Bain After $2.1 Billion Proposal
Bain Capital will get a look at Insignia Financial’s books after it sweetened its offer for the Australian wealth manager to about US$2.12 billion.
How the Biggest Crypto Hack Ever Nearly Destroyed the World's No. 2 Exchange
Bybit survived, thanks to emergency loans from its peers, but questions over the crypto industry’s security linger.
Gap's holiday quarter was a big win. Here's what's working for the retailer.
Gap’s holiday-quarter profit is head and shoulders above Wall Street expectations and retailer speaks of a “reinvigoration” of its brands.
(END) Dow Jones Newswires
March 06, 2025 23:15 ET (04:15 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
