Salesforce Confirms Deal to Buy Slack

The $27.7 billion purchase, which still has to clear Slack shareholder and regulatory approval, would be Salesforce's largest ever acquisition and boost its competition with rival Microsoft.

 
JD Health to Raise $3.5 Billion From Hong Kong IPO

The telemedicine arm of Chinese e-commerce giant JD.com Inc. is set to raise $3.5 billion after pricing the offering at the top end of the indicative range, ahead of a listing in Hong Kong,

 
Hewlett Packard Enterprise to Leave Silicon Valley for Texas

The tech giant is moving its headquarters to the Houston area, the latest sign of how the pandemic is reshaping the way Silicon Valley companies operate.

 
SoftBank Makes Another Bet on Freight Shipping Technology

The Japanese firm led a $113.5 million investment in Flock Freight, a U.S. software startup that offers a service that uses algorithms to match trucks with freight headed in the same direction.

 
Westpac to Sell General Insurance Unit to Allianz

Westpac Banking Corp. has agreed to sell its general insurance business to Allianz SE for US$534.4 million.

 
U.S. Regulators Flag Boeing 787 Landing Hazards

U.S. air-safety regulators have mandated changes in cockpit procedures to combat potentially dangerous malfunctions of automated landing systems on all Boeing Co. 787 jetliners.

 
Nasdaq CEO Pushes Corporate Boards to Diversify

Nasdaq proposed new rules that would require the boards of its listed companies to meet certain minimum diversity requirements. CEO Adena Friedman discussed the exchange operator's diversity plan with The Wall Street Journal.

 
Seadrill Partners to Shop Assets in Bankruptcy

Offshore rig operator Seadrill Partners filed for chapter 11 bankruptcy protection with the support of a lender group and plans to market its assets.

 
Equinox's Lenders Plan Another Rescue Loan

Lenders to Equinox Holdings are preparing for talks regarding a potential rescue loan that would help the high-end fitness chain refinance looming debt and avoid bankruptcy, according to people familiar with the matter.

 
Supreme Court Voices Doubts Over Suit Alleging Nestle, Cargill Liable for Child Slavery

Some justices suggested that Congress, rather than the courts, was the better place to seek more expansive liability for child slavery.

(END) Dow Jones Newswires

December 01, 2020 23:15 ET (04:15 GMT)

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