Nissan to Take Stake in Renault's New EV Unit

Nissan plans to invest for an up to 15% stake in Renault's new electric-vehicle company, as the auto makers formally announced their alliance's reorganization.

 
Uber, Disney Set to Report During Lackluster Earnings Season

The results will shed light on the evolving state of the economy as companies face a streak of layoffs, consumers slow their spending, and the Fed works to quell inflation.

 
Newmont Proposes $17 Billion Takeover of Australia's Newcrest Mining

U.S. gold producer makes second offer after Newcrest rejected an earlier proposal as too low

 
Public Storage Bids for Rival in Unsolicited $11 Billion Offer

The smaller rival, Life Storage, rebuffed the company's overtures in December and January.

 
Carlyle to Name Banking Veteran Harvey Schwartz as CEO

Carlyle Group Inc. plans to name investment-banking veteran Harvey Schwartz its new chief executive, as the private-equity firm's founders seek a fresh start after a botched succession plan.

 
Judge Releases Decision Approving Meta's Virtual-Reality Deal

The unsealed ruling lays out the FTC's loss of its bid to block the Facebook parent company's acquisition.

 
Oil Industry's Windfall Fails to Excite Wall Street

The biggest Western oil companies, Exxon, Chevron and Shell, have delivered record profits, but investors are still wary.

 
Woodside, Partners Make New Push to Advance Greater Sunrise Project

A consortium took a step toward developing a stalled natural-gas project near East Timor after the country's president last year warned that a continued impasse could open the door to investment from China.

 
Adani Offshore Investor Has Links to Adani Family

U.S. short seller Hindenburg Research's allegations of fraud by the conglomerate owned by Indian billionaire Gautam Adani center on whether his family wielded influence over Mauritius-based investors.

 
For Elon Musk, Two Cases About His Tweets, and Two Victories

The Tesla CEO's willingness to bet on himself and his convictions have been rewarded, furthering his reputation as a maverick willing to fight rather than bow to pressure.

(END) Dow Jones Newswires

February 06, 2023 05:15 ET (10:15 GMT)

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