Microsoft to Buy Activision Blizzard

Microsoft agreed to buy Activision Blizzard in an all-cash deal valued at $68.7 billion, using its largest acquisition by far to grab a videogame heavyweight that has been roiled by claims of workplace misconduct.

 
Goldman Sachs Sees Profit Slip 13%

Trading revenue fell in the fourth quarter, though the bank continued to benefit from ebullient deal making.

 
GM Dealers to See More EV Chargers From Blink

Blink is supplying electric-vehicle chargers to General Motors dealerships across North America. More chargers will allow GM dealers to sell and service more EVs.

 
Exxon Pledges to Reduce Carbon Emissions From Operations to 'Net Zero'

Exxon Mobil said its ambition is to reduce or offset greenhouse-gas emissions from its operations to zero by 2050, as investor and public pressure mount on oil producers to respond to climate change.

 
Netflix Gives Its Toughest Audience What It Wants

Price increases come as the streaming company's stock slumps on subscriber-growth worries ahead of its fourth-quarter results.

 
Blackstone Property Fund Targeting Small Investors Passes $50 Billion

Blackstone Real Estate Income Trust, started five years ago, has scooped up rental-apartment buildings, warehouses, office buildings and casinos, among other types of properties.

 
Citigroup Nears Sale of Taiwan Consumer-Banking Business

Final details of the deal with Singapore-based DBS are under deliberation, and the transaction is likely to be valued at $1.8 billion to $2.2 billion, a person familiar with the matter said.

 
Macellum Urges Kohl's to Make Changes or Explore Sale

The activist investor is renewing a push to get the department-store chain to take action to boost its lagging stock, including altering its board.

 
Big U.S. Companies Step Up Hiring of Female, Black CFOs

America's biggest businesses employed more female and Black finance chiefs in 2021 than ever before, albeit coming from a relatively low base, a trend recruiters expect will accelerate in 2022.

 
BlackRock's Climate Stance Is About Profits, Not Politics, Fink Says

In his annual letter to the CEOs of the companies in which BlackRock invests, Larry Fink said businesses that don't plan for a carbon-free future risk being left behind. The quest for long-term returns, and not politics, is what animates the money manager's efforts, he wrote.

(END) Dow Jones Newswires

January 18, 2022 11:15 ET (16:15 GMT)

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