Private-Equity Firms Bain and Kohlberg Make Another Big Bet on Biopharma Industry
The firms lead an investment valuing PCI Pharma at $10 billion, see the company benefiting from broader trends.
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Private-Markets Giant Blue Owl Pushes Into 401(k)s
The firm is working with retirement-services provider Voya to offer private assets in target-date funds.
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SpaceX to Invest $2 Billion Into Elon Musk's xAI
The startup is leaning on Musk's business empire to play catch-up in the AI race.
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'Superman' Bounds to $122 Million Domestic Opening
The superhero film's success is proof of concept for Warner Bros. newly consolidated DC Studios unit.
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That's a Wrap on Prime Day. What the Numbers Show.
U.S. retailers drove $24.1 billion in online spend from Tuesday through Friday, up 30.3% from 2024, according to new data from Adobe.
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Google to Pay $2.4 Billion in Deal to License Tech of Coding Startup, Hire CEO
The deal comes after acquisition talks between startup Windsurf and OpenAI broke down.
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The Pants Cost $20. They Explain $86 Billion of Costco Sales.
Kirkland Signature is now bigger than some of the world's biggest companies-and it has become essential to Costco's business.
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Apple Offers as Much as $150 Million for Formula One U.S. Rights
The bid puts F1 on track for a significantly more lucrative deal than it has with its current partner, Disney's ESPN.
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Kraft Heinz Is Planning a Breakup
The company's stock has underperformed since its megamerger in 2015 and changing consumer tastes have hampered results.
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Walgreens Shareholders Approve $10 Billion Sycamore Partners Deal
The deal, announced on March 6, would allow Sycamore Partners to take Walgreens private. The drug-store chain expects the transaction to close in the third or fourth quarter of 2025.
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Pentagon Lifts Drone Restrictions, Sending Shares of Defense Stocks Higher
Defense Secretary Pete Hegseth has ordered the removal of any policies that slow down the development and deployment of drones, according to a memo reviewed by The Wall Street Journal.
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How China's BYD Is Squeezing Suppliers in the EV Price War
China's biggest automaker often pays suppliers with an electronic IOU. Some suppliers wait months before the notes can be cashed in.
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As Tesla Stumbles, SpaceX's Finances Go From Strength to Strength
Much of Elon Musk's business empire is in disarray, but his rocket-and-satellite company is riding high.
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BASF Cuts Outlook on Global Economic Uncertainty
The German chemical giant cut its guidance for the year, citing geopolitical uncertainty and U.S. tariff tensions causing currency volatility.
(END) Dow Jones Newswires
July 14, 2025 07:00 ET (11:00 GMT)
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