S&P Global in Advanced Talks to Buy IHS Markit

S&P Global is in advanced talks to acquire IHS Markit for about $44 billion, people familiar with the matter said. A deal would combine two of Wall Street's largest data providers.

 
Airbnb, DoorDash Aim for Higher-Than-Expected Valuations

Airbnb is planning to target a range of around $30 billion to $33 billion when the home-rental startup kicks off its investor roadshow. DoorDash, meanwhile, plans to target a range of around $25 billion to $28 billion.

 
Tesla's S&P 500 Debut Is Set to Put $100 Billion in Motion

The addition of a $555 billion company prone to huge price swings is so daunting that S&P is considering adding Tesla's weight over two separate trading days.

 
Grocery-Store Pharmacies Get Ready to Administer Covid-19 Vaccines

Grocers say they are well-positioned to provide Covid-19 immunizations because a large share of the population lives near one of their stores and their pharmacies regularly offer shots for flu, shingles and other illnesses.

 
GM's Closed Lordstown Factory Spawns a Wave of Industrial Migrants

The car maker's Lordstown plant was once a symbol of economic might. It's now a symbol of the economic struggles of those in factory jobs, with many of its former workers leaving their families behind in Ohio in search of good pay and benefits in other states.

 
House to Vote on Booting Chinese Stocks From U.S. Over Audit Rules

Lawmakers next week are likely to force Chinese companies with shares traded on American exchanges to finally comply with audit-oversight rules-or leave U.S. markets altogether.

 
China Is Ready to Restart Cruises, but Big Companies Are Left Out

China is set to resume cruises soon, as its economy revives and the pandemic remains largely under control. The catch is the international cruise lines that spent the past decade building the market from scratch aren't invited to the party.

 
Former Zappos CEO Dies at 46 After Fire

Tony Hsieh, who became a frequently studied management guru by persuading millions of people to buy shoes online through Zappos, has died at age 46 from injuries he sustained in a house fire.

 
United Begins Flying Doses of Pfizer's Covid-19 Vaccine

United Airlines began operating charter flights to position doses of Pfizer's Covid-19 vaccine for quick distribution if the shots are approved by regulators.

 
Vista's Sheth Resigns Weeks After CEO Smith Settles Tax Probe

Mr. Sheth was widely seen as the lead deal maker at Vista and oversaw the firm's investment team. He joined Vista founder Robert Smith in 2000, was named president in 2010 and played an instrumental role in building the firm. Vista didn't specify a reason for his departure.

(END) Dow Jones Newswires

November 29, 2020 21:15 ET (02:15 GMT)

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