Nissan, Renault Alliance Shake-Up to Give Each More Independence 

Nissan and Renault unveiled a long-planned restructuring of their two-decade-old alliance-a decoupling that falls short of a full divorce but gives each car company more autonomy after years of tensions.

Panera Among Restaurant Companies Looking at IPOs 

More companies in the restaurant industry are aiming to test investors' demand for new listings.

AbbVie Aims for New Drugs to Boost Sales as Competitors Target Humira 

Drugmaker is turning to next-generation successors to Humira to replenish billions of dollars in sales that will be lost, and lifting a self-imposed $2 billion limit on the size of deals it would do to add products.

Chevron Explores Algerian Gas Plans Amid Russian Sanctions 

The oil giant is in talks to clinch a deal in the North African nation that holds bigger shale resources than the U.S.

Paramount Reveals Plan to Remake Showtime 

Premium cable network overhauls slate around franchises after merger with streamer Paramount+

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.


(END) Dow Jones Newswires

February 06, 2023 07:00 ET (12:00 GMT)

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