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The Latest Breaking News from Wall Street Journal

Amazon To Appeal Its Defeat To New York Union

Amazon.com Inc (NASDAQ:AMZN) looks to appeal its loss to New York union organizers, the Wall Street Journal reports. Roughly 55% of the workers who cast valid votes from a Staten Island facility named JFK8 chose to side with Amazon Labor Union. WSJ notes that Amazon has accused the union organizers of threatening…

Benzinga

What comes after "The Dropout" ending

The real story continues to unfurl with the Theranos trial ongoing, and the whistleblowers taking different paths

Salon

This Gadget-Rental Firm's Latest Fundraising Earns It Unicorn Status

Grover Deutschland GmbH raised $330 million at a valuation of over $1 billion, the Wall Street Journal reports. In a Series C round led by Energy Impact Partners, Grover raised $110 million in equity and $220 million in debt. The New York-based sustainability-focused investment firm provided $28 million in equity. Grover looks…

Benzinga

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SEC Employees Inappropriately Accessed Restricted Legal Records: WSJ

According to an agency notice, employees at the Securities and Exchange Commission (SEC) improperly accessed documents prepared for litigated cases in the agency’s administrative court system, writes Wall Street Journal. The disclosure highlights concerns about the independence of the SEC’s in-house court system. The notice said some workers in the enforcement…

Benzinga

Putin’s daughters targeted in US sanctions against Russia

Joe Biden links new measures directly to accounts of atrocities committed by Russian forces in Bucha

The Guardian - UK

Drivers May Not Care About Fuel Efficiency, But Investors Should

Many people assume an EV is more efficient than a gas-burner (which it is) and leave it at that. However, there are wide discrepancies between EVs' efficiency.

InsideEVs

Biden To Propose Change To Obamacare To Extend Subsidies For Families: WSJ

The Biden administration is expected to propose a change in Affordable Care Act (ACA) subsidies to allow some people to afford health insurance for their families, writes Wall Street Journal. The proposed change, expected to be announced Tuesday, would recalculate what is considered affordable for a family with employer-based health insurance.…

Benzinga

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Merger Arbitrage Mondays - Nielsen Holdings To Be Taken Private By A Consortium Of Private Equity Firms

Merger activity increased significantly last week with six new deals announced and eight deals completed. There were 17 deals announced in the month of March, with a total value of $64.55 billion. Nielsen Holdings (NYSE: NLSN)

Benzinga

Microsoft-Activision Deal Faces Regulatory Roadblock: WSJ

Four U.S. Senators sent a letter to the Federal Trade Commission citing concerns about Microsoft Corp’s (NASDAQ:MSFT) proposed acquisition of Activision Blizzard Inc (NASDAQ:ATVI), the Wall Street Journal reports. The Senators voiced concerns over undermining employees’ calls for accountability over alleged misconduct at the videogame giant. The deal could aggravate the barrage of sexual abuse, harassment, and…

Benzinga

Automakers Come In Support Of EPA's Stricter Tailpipe Standards: WSJ

Automakers, stating in court papers, will back environmental regulators in defending the higher standards, thus backing the Biden administration's stricter air pollution standards for passenger cars, writes the Wall Street Journal. The Alliance for Automotive Innovation, a lobbying group for automakers and suppliers, petitioned the U.S. Court of Appeals in Washington,…

Benzinga

Biden Administration Looks To Revoke Trump-era Pandemic Border Policy: WSJ

The Biden administration looked to revoke ‘Title 42’ by May, the Wall Street Journal reports.

Benzinga

CNN and Fox News reporters in Ukraine put aside rivalry after deadly attack

Two Fox News journalists were killed in a Russian attack and a third was wounded

The Independent UK

HUYA Shares Drop As China Reportedly Renews Crackdown In LiveStreaming Sector

China drafted new regulations to cap internet users' daily monetary spending on digital tipping as a part of a renewed crackdown on the $30 billion live-streaming industry, the Wall Street Journal reports. China also looked to set a daily limit on live-streamers earnings and tighter censorship over the content. The report…

Benzinga

Ukraine war: Why is Roman Abramovich trying to broker peace?

The Russian billionaire’s role in negotiations surprised some, but observers say Abramovich is a skilled middleman.

Al Jazeera

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ABC News

Ukraine-Russia updates: Mariupol mayor's office says hundreds of children are among 5,000 people killed in Russian assault

Almost 5,000 civilians — including 210 children — have died in Mariupol since Russia's invasion began, according to a spokesman for the city's mayor, with the UN also saying there could be "thousands of deaths" in the besieged city.

Investors Business Daily

Stock Market Gains As Consumer Confidence Rises; Techs Rise; Vaccine Stocks Pop

The stock market gained as consumer confidence rose, peace talks resumed between Russia and Ukraine and vaccine stocks popped.

Investors Business Daily

Stock Market Climbs As Oil Falls Below $100, Apple Tops Buy Point

The price of U.S. crude slid 5.7% to below $100 a barrel.

Benzinga

DOJ Supports Antitrust Bill Targeting Big Tech - Read Why: WSJ

The Justice Department supported American Innovation and Choice Online Act and similar legislation banning large digital platforms from favoring their products and services over competitors, the Wall Street Journal reports. The DOJ saw the rise of dominant platforms like Amazon.com Inc (NASDAQ:AMZN) and Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google jeopardizing open markets and competition. Amazon, Google, Apple…

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The Independent UK

Roman Abramovich suffered ‘suspected poisoning’ during peace talks in Ukraine

The Chelsea owner experienced the symptoms after a meeting in Kyiv earlier this month.

Football London

Chelsea owner Roman Abramovich suffers alleged 'poisoning' during Ukraine peace talks

The 55-year-old billionaire who is selling Chelsea was left with red eyes and peeling skin, according to report in Wall Street Journal

Benzinga

Microsoft Ex-Employee Raises Corruption Charges In Middle East, Africa

Microsoft Corp (NASDAQ:MSFT) fired some employees and terminated partnerships concerning bribery allegations in its sales efforts in the Middle East, the Wall Street Journal reports. A former Microsoft manager Yasser Elabd, who worked throughout the Middle East and Africa from 1998 to 2018, made the allegations public after being fired. Elabd alleged that Microsoft…

Reuters

Russian billionaire Abramovich, Ukrainian peace negotiators hit by suspected poisoning - WSJ

Sanctioned Russian billionaire Roman Abramovich and Ukrainian peace negotiators suffered symptoms of suspected poisoning earlier this month after a meeting in Kyiv, the Wall Street Journal reported on Monday, citing people familiar with the matter.

Benzinga

China Tech's Dwindling Fortunes Fuel More Alibaba Stake Selloff Speculations By SoftBank

The dwindling fortunes of the Chinese tech shares have prompted concerns over Alibaba Group Holding Ltd (NYSE:BABA) stake selloff by SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF), the Wall Street Journal reports. SoftBank's single most significant investment in the e-commerce giant was hit hard by the domestic crackdown. The Nasdaq Golden Dragon China Index of U.S.-listed Chinese stocks…

The Independent UK

Roman Abramovich and Ukrainian peace negotiators ‘victims of suspected poisoning’

Russian oligarch and two Ukrainians reportedly suffered symptoms including red eyes and peeling skin

Al Jazeera

Russia-Ukraine latest updates: Biden defends Putin remarks

Ukraine news from March 28: Joe Biden refuses to backtrack after saying Vladimir Putin ‘cannot remain in power’.

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