Divestments – Page 5 – The News Desk

11Sep

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World

J.M. Smucker Nears Deal to Buy Hostess

A deal marrying the Twinkies owner with the jelly maker could be finalized by Monday.

'Elon Musk' Takeaways: Book Paints Complicated Picture of the World's Richest Man

10Sep

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World

'Elon Musk' Takeaways: Book Paints Complicated Picture of the World's Richest Man

Walter Isaacson’s new biography peers behind the scenes at the tycoon’s lifestyle and his leadership of Tesla, SpaceX and Twitter.

10Sep

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Technology

'Elon Musk' Takeaways: Book Paints Complicated Picture of the World's Richest Man

Walter Isaacson’s new biography peers behind the scenes at the tycoon’s lifestyle and his leadership of Tesla, SpaceX and Twitter.

Blackstone Selling 22% Stake in Bellagio to Cash In on Las Vegas Rebound

25Aug

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World

Blackstone Selling 22% Stake in Bellagio to Cash In on Las Vegas Rebound

Realty Income is investing $950 million in the landmark casino and resort.

Amazon Restarts Shipping Unit That Competes With UPS and FedEx

18Aug

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Technology

Amazon Restarts Shipping Unit That Competes With UPS and FedEx

Amazon Shipping, which paused earlier in the pandemic, handles packages from other websites and selling channels.

A DuPont China Deal Reveals Cracks in U.S. National-Security Screening

13Aug

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World

A DuPont China Deal Reveals Cracks in U.S. National-Security Screening

Listen to article(2 minutes)WASHINGTON—U.S. officials forged an uneasy compromise to let DuPont sell its sustainable-materials business last year to a Chinese company while ensuring the technology behind it never left the U.S.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Kellogg's Plans for Stranded Cereal Unit Look Soggy

9Aug

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World

Kellogg's Plans for Stranded Cereal Unit Look Soggy

In its eagerness to focus on snacks, Kellogg hasn’t provided a convincing growth plan for its cereal spinoff.

Space Companies Struggle to Meet Lofty Goals

5Aug

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World

Space Companies Struggle to Meet Lofty Goals

Newer industry players are cutting jobs, trimming spending and reining in plans.

TikTok Wants to Sell Made-in-China Goods to Americans

26Jul

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Technology

TikTok Wants to Sell Made-in-China Goods to Americans

Video-sharing platform TikTok wants to replicate the success of popular China-founded shopping platforms Shein and Temu.

ViewRay Files for Bankruptcy, Plans to Pursue Sale

17Jul

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World

ViewRay Files for Bankruptcy, Plans to Pursue Sale

ViewRay, which makes the MRIdian radiation-therapy system, said it has filed for bankruptcy and plans to sell some or all of its assets. The company said it has received a commitment of about $6 million in debtor-in-possession financing from MidCap Financial Services. That, along with existing liquidity, should be enough to support operations through the Chapter 11 process. The...