News Highlights: Top Company News of the Day
Michaels to Go Private in Apollo Deal
Private-equity firm Apollo Global Management is buying arts and
crafts retailer Michaels in a deal the companies value at $5
Move Over, GameStop. Rocket Is Becoming the New Meme Stock.
The parent company of Quicken Loans surged 71% Tuesday, as
investors on Reddit's WallStreetBets tout the heavily shorted
Google to Stop Selling Ads Based on Web Browsing
The Alphabet company said that it plans next year to stop using
or investing in tracking technologies that uniquely identify web
users as they move from site to site across the internet.
Sands to Sell Las Vegas Properties for $6.25 Billion as It Focuses on Asia
The company's exit from the U.S. gambling destination comes as
the Covid-19 pandemic has roiled the casino industry.
Greensill Capital Planning to File for Insolvency in U.K. This Week
The embattled financial startup plans to file for insolvency as
it simultaneously moved toward a deal to sell its operating
business to Apollo Global Management.
Jeep Maker Stellantis Needs Some Tech Star Dust
The company formed from the merger of Fiat Chrysler and
Peugeot-owner PSA has a strong industrial story to tell investors
but a weak technological one.
China's Tencent Becomes an Investment Powerhouse, Using Deals to Expand Its Empire
A tech-market boom has yielded huge gains for Tencent, which has
invested in hundreds of up-and-coming businesses and is now sitting
on a portfolio worth roughly a quarter of a trillion dollars.
Sports Streamer DAZN Taps Disney Veteran Kevin Mayer as Chairman
Mr. Mayer, known for building the Disney+ streaming service from
the ground up, aims to guide DAZN's expansion in European and Asian
Commercial Property Giant Moves Into Rental Houses
Jones Lang LaSalle struck a pact with Roofstock, which manages
rental properties for big investors and operates an online
iCapital Takes Over Management of KKR Mutual Fund
KKR took a stake in iCapital Network's fintech platform aimed at
(END) Dow Jones Newswires
March 03, 2021 11:00 ET (16:00 GMT)
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