Activists May Be Too Late at Bed Bath & Beyond 
 

The home goods retailer's stock surged on Tuesday after activists launched a proxy fight, but investors should take the money and run as the chain may be beyond fixing.

 
Lyft to Price Shares Above Targeted Range of $62 to $68 in IPO 
 

Lyft is expected to price its shares above the targeted range for its initial public offering, in a sign of strong investor demand ahead of the ride-hailing service's debut.

 
Uber Targets Middle East With $3.1 Billion Deal, Its Largest Ever 
 

The ride-hailing giant is acquiring Middle Eastern rival Careem Networks, a deal that ends another cutthroat ride-hailing battle ahead of an expected initial public offering.

 
Purdue Pharma Reaches $270 Million Opioid Settlement With Oklahoma 
 

Purdue Pharma and its owners, the Sackler family, have agreed to pay $270 million to resolve claims by the Oklahoma attorney general that the company helped fuel the opioid crisis.

 
Mastercard Invests $300 Million in Dubai Payments Firm 
 

Mastercard said it would invest $300 million in a Dubai digital-payments firm, giving the Middle East company a boost as it prepares for a London Stock Exchange debut.

 
Wayfair Is Latest Online Seller to Go Bricks and Mortar 
 

Online furniture retailer Wayfair plans to open its first physical retail store, the latest online brand to expand the way it reaches consumers by integrating the online and in-person shopping experience.

 
Lawmakers Scrutinize Timeline for Boeing Software Fix 
 

Congressional investigators examining the FAA safety certification of Boeing's 737 MAX aircraft also are questioning why it has taken so long to complete a safety fix initially raised in November.

 
Citigroup Enters Banking's Hottest Business With New Payments Unit 
 

Citigroup is starting a consumer-payments business, joining its biggest rivals and a host of financial-technology startups jockeying for position in the hottest corner of banking.

 
Neiman Marcus, in Debt Talks, Makes It Easier to Bet It Will Fail 
 

Distressed-debt hedge fund Aurelius Capital Management pushed Neiman Marcus to add language to its bond documents that would make it easier to profit on bets against the retailer, especially if the company defaults.

 
Steady Pace of Retailer Bankruptcy Filings, Store Closures Expected in 2019 
 

The strong economy should boost many retailers in 2019, but it won't be enough to help those that are already distressed, according to a new report.

(END) Dow Jones Newswires

March 26, 2019 13:15 ET (17:15 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.