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The Latest Breaking News from Wall Street Journal

Microsoft Ex-Employee Raises Corruption Charges In Middle East, Africa

Microsoft Corp (NASDAQ:MSFT) fired some employees and terminated partnerships concerning bribery allegations in its sales efforts in the Middle East, the Wall Street Journal reports. A former Microsoft manager Yasser Elabd, who worked throughout the Middle East and Africa from 1998 to 2018, made the allegations public after being fired. Elabd alleged that Microsoft…

Benzinga

Russian billionaire Abramovich, Ukrainian peace negotiators hit by suspected poisoning - WSJ

Sanctioned Russian billionaire Roman Abramovich and Ukrainian peace negotiators suffered symptoms of suspected poisoning earlier this month after a meeting in Kyiv, the Wall Street Journal reported on Monday, citing people familiar with the matter.

Reuters

China Tech's Dwindling Fortunes Fuel More Alibaba Stake Selloff Speculations By SoftBank

The dwindling fortunes of the Chinese tech shares have prompted concerns over Alibaba Group Holding Ltd (NYSE:BABA) stake selloff by SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF), the Wall Street Journal reports. SoftBank's single most significant investment in the e-commerce giant was hit hard by the domestic crackdown. The Nasdaq Golden Dragon China Index of U.S.-listed Chinese stocks…

Benzinga

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Roman Abramovich and Ukrainian peace negotiators ‘victims of suspected poisoning’

Russian oligarch and two Ukrainians reportedly suffered symptoms including red eyes and peeling skin

The Independent UK

Russia-Ukraine latest updates: Biden defends Putin remarks

Ukraine news from March 28: Joe Biden refuses to backtrack after saying Vladimir Putin ‘cannot remain in power’.

Al Jazeera

Women denied airfare in Afghanistan

Kabul's international airport turned away dozens of women for not having a male guardian with them

Salon

U.S. to sanction Russian firms providing tech to Moscow's military - WSJ

The Biden administration is preparing sanctions targeting Russian companies it says provides goods and services to Moscow's military and intelligence services, the Wall Street Journal reported on Friday.

Reuters

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The World Is Fragmenting, Making Us More Poor and Isolated

The sanctions that punish Russia are shattering the global economy.

Reason

Can an electric car really help you save money as gas prices soar? What experts say

After Russia’s invasion of Ukraine helped spur record-high gas prices at U.S. pumps, many have debated whether owning an electric car instead of a gasoline one could be a wise investment.

Tribune News Service

Why Uber Shares Are Surging

Uber Technologies Inc (NYSE: UBER) shares are trading higher Thursday morning following a Wall Street Journal report indicating the company has reached a deal to list all New York

Benzinga

Amazon Prepares To Face Warehouse Union Vote In New York: WSJ

Amazon.com Inc (NASDAQ:AMZN) would face union elections at separate warehouses in the pro-union New York City in April, the Wall Street Journal reports. The current and former workers at Amazon’s largest Staten Island warehouse look to become the first group of Amazon employees to unionize in the U.S. The JFK8 warehouse, which…

Benzinga

What Ukraine President reportedly did to delay sanctions against Chelsea owner Roman Abramovich

Roman Abramovich is yet to be sanctioned in the US despite having his assets frozen by the UK Government and the EU

Football London

Jeffrey Epstein private islands go on the market for $125m

The two US Virgin islands were owned by American convicted child sex offender Jeffrey Epstein until his 2019 death

The Independent UK

Zelensky urged Biden against Roman Abramovich sanctions to help with Putin peace talks, report says

Ukraine reportedly hopes oligarch could be go-between with Kremlin

The Independent UK

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Benzinga

US, UK Announce Trade Accord To Remove Tariffs On British Steel, American Whiskey: WSJ

The U.S. and U.K. have announced a trade deal to remove tariffs on British steel & aluminum and American whiskey, motorcycles, and tobacco, the Wall Street Journal reported. Biden administration officials said the agreement would allow the U.K to ship “historically-based sustainable volumes” of steel and aluminum products to the U.S. without…

Benzinga

US DOJ Accuses Google Of Misusing Legal Privilege To Hide Sensitive Emails: WSJ

The U.S. Justice Department alleged Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google improperly invoked the legal privilege to shield sensitive internal communications for years, the Wall Street Journal reports from U.S. district court filing. The DOJ wanted Google to turn over internal emails that it had withheld or censored in the antitrust case filed against it by state…

Al Jazeera

Russia-Ukraine war shows cracks in US ties to Middle East allies

UAE and Saudi Arabia are pursuing their own interests, analysts say, as US urges united front against Russia’s Putin.

The Independent UK

US to bolster Ukrainian air defences with Soviet-made equipment it acquired secretly, report says

The delivery of the air defence systems is part of a push by the White House to help Ukraine

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news in one place.

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Benzinga

Restaurant Brands Plans Disposing Stake In Russian Burger King: WSJ

Restaurant Brands International Inc (NYSE:QSR) has started the process of disposing of its ownership stake in a Burger King joint venture in Russia, the Wall Street Journal reported. Restaurant Brands operates in Russia through joint-venture partners, none of whom own a majority stake. It holds a 15% stake in the joint-venture partnership, which…

Benzinga

Regulator Defers MGM Stakeholder's Nevada Gaming License By 1 Month

Nevada Gaming Commission shelved MGM Resorts International (NYSE:MGM) stakeholder Barry Diller’s licensing by a month until an April commission meeting, the Wall Street Journal reports. The move coincided with insider-trading investigations by federal authorities into his share purchases of Activision Blizzard Inc (NASDAQ:ATVI). In 2020, Diller and his internet holding company, IAC/InterActiveCorp (NASDAQ:IAC), admitted spending over $1 billion for…

Benzinga

Amazon Consummates MGM Deal Post Clean Chit From Regulators

Amazon.com Inc (NASDAQ:AMZN) closed the $8.5 billion acquisition of film studio Metro-Goldwyn-Mayer after a clean chit from the U.S. FTC and EU. The EU contended that the deal would not hamper competition as the two companies did not significantly overlap in content production, the Wall Street Journal reports. The FTC also did not…

InsideEVs

Wall Street Journal: Legacy Automakers Emulate Tesla's Retail Strategy

Tesla's online, direct car sales approach is inspiring others. Some auto execs see the pivot to EVs as an opportunity to modernize age-old processes.

The Independent UK

More than half of American voters don’t believe Biden will make a run for re-election

Fifty-two percent of respondents said they don’t think US President Joe Biden will make an attempt at running for re-election in 2024

Reuters

Saudi Arabia invites China's Xi to visit - WSJ

Saudi Arabia has invited Chinese President Xi Jinping to visit the kingdom in a trip that could happen as soon as May, the Wall Street Journal reported on Monday.

Benzinga

Why Nielsen Holdings Shares Are Surging

Nielsen Holdings PLC (NYSE: NLSN) shares are surging Monday following a Wall Street Journal report indicating a consortium of private-equity firm

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