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The Latest Breaking News from WSJ

Elon Musk Denies Wrecking a Billion Dollar Marriage

The private life of the Tesla's billionaire CEO is in the media as prominently as his professional activities.

The Street

Elon Musk denies reported affair with wife of Google co-founder

Tesla chief rejects Wall Street Journal claims he had affair with Nicole Shanahan

The Guardian - UK

Elon Musk denies report of affair with Google co-founder Sergey Brin’s wife

Billionaire Elon Musk has denied having an affair with the wife of Google co-founder Sergey Brin, as he hit out at “character assassinations” about his personal life.

Evening Standard

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Musk denies 'romantic' affair with Google co-founder Brin's wife

Tesla Inc boss Elon Musk said late on Sunday on Twitter that he and Google co-founder Sergey Brin remain friends and denied a report that he had been involved in an affair with Brin's wife Nicole Shanahan.

Reuters

NCR Stock Rallies 13% On Veritas Capital Takeover Report

NCR Corporation (NYSE: NCR) stock jumped 12.7% on Tuesday after The Wall Street Journal ("WSJ") reported that the private equity firm — Veritas Capital — is in exclusive talks to buy the consumer transactions software and services company.

Benzinga

Putin arrives in Iran for rare foreign trip to meet Erdoğan and Raisi

Syria, Ukraine and oil will be on the agenda.

Axios

WWE CEO Paid More Than $12M In Hush Money To Former Female Employees: WSJ

World Wrestling Entertainment Inc. (NYSE: WWE) CEO Vince McMahon agreed to pay more than $12 million to four women in an effort to keep allegations of sexual misconduct and infidelity a secret.

Benzinga

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Atlantic City Casino Workers Seal Labor Pacts With MGM, Caesars

The Atlantic City, New Jersey, casino workers union has reached an agreement with MGM Resorts International (NYSE:MGM) and Caesars Entertainment Inc (NASDAQ:CZR). The agreements reached are likely to prevent strikes at MGM Resorts’ Borgata casino and Caesars Entertainment’s Caesars, Harrah’s, and Tropicana properties. Unite Here Local 54 union organizers have been asking for a pay raise…

Benzinga

This Analyst Believes Seagen Is Evaluating Strategic Alternatives

Raymond James initiated coverage on Seagen Inc (NASDAQ:SGEN) at Outperform with a $220 target price. Citing the recent departure of the long-time Seagen CEO, Raymond James thinks that the Board of Directors is likely evaluating strategic alternatives for the company. The relationship with Merck & Company, Inc. (NYSE:MRK) has been long-standing. With Keytruda losing its patent…

Benzinga

Report: Deshaun Watson’s Contract Could Be Delayed a Year

The Browns QB’s disciplinary hearing is slated to begin Tuesday, and the NFL is reportedly preparing to angle for an ‘indefinite suspension.’

Sports Illustrated

Cadillac Celestiq Luxury EV May Cost Up To $300,000

If this is so, then it means it will be priced to compete with the most exclusive sedans in the world.

InsideEVs

Merck/Seagen Potential Deal Talks Pick Up Speed: WSJ

Merck & Co Inc (NYSE:MRK) is pushing forward with a potential deal for Seagen Inc (NASDAQ:SGEN), Wall Street Journal reported, citing people familiar with the matter. The Journal mentioned that the deal could be one of the largest takeovers of the year. The Wall Street Journal reported last week that Merck was in talks to…

Benzinga

Meta Abruptly Ends Sponsorship Of US Event Struck With Controversy

Meta Platforms, Inc (NASDAQ:META) terminated its sponsorship agreement with the organization planning the federal government’s commemoration of the 250th anniversary of the U.S., the Wall Street Journal reports. Meta did not disclose the reasons for the pullout. Internal battle and a discrimination lawsuit filed by ex-female executives plagued the project, WSJ wrote.…

Benzinga

FDA may order Juul products off shelves

With pressure from Congress and health groups mounting, FDA may order Juul to take its products off the market this week.

Axios

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Sports Illustrated

Vince McMahon Appears on WWE’s ‘SmackDown’ Amid Scandal

The 76-year-old stepped down as CEO on Friday after a report emerged detailing alleged misconduct with former employees.

Investors Business Daily

WWE Stock Tumbles As CEO McMahon Steps Aside During Misconduct Investigation

WWE stock fell for a second day as CEO Vince McMahon stepped down while the company board investigates misconduct claims.

Benzinga

Merck Shows Takeover Interest In Seagen: WSJ

Merck & Co Inc (NYSE:MRK) is reportedly mulling buying cancer-focused biotech Seagen Inc (NASDAQ:SGEN), Wall Street Journal reported citing people familiar with the matter. If the deal happens, it would be significant, given Seagen's market value of roughly $28 billion. According to the report, some people said other unnamed suitors are also eying Seagen, a…

The Independent UK

Vince McMahon steps back as WWE CEO amid investigation into alleged hush money payment

McMahon to give up CEO and chairman responsibilities during investigation but will continue to carry out his duties relating to WWE’s creative content

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Benzinga

Tampon Manufactures Step Up Output To Avoid Any Major Supply Crunch: WSJ

Some of the largest U.S. tampon makers are beefing up production to boost supplies as consumers in some parts say they cannot find their preferred products.

The Independent UK

WWE CEO investigated for alleged $3m hush money payment to ‘mistress’, report says

Vince McMahon is estimated to be worth $2.4bn, according to Forbes

Benzinga

Citi Turns Bullish On Boeing - Read Why

Citi analyst Charles J Armitage upgraded the aerospace and defense firm Boeing Co (NYSE:BA) to Buy/High Risk from Neutral and lowered the price target to $209 (implying an upside of 56.3%) from $219. The analyst seeks to value Boeing on the assumption that the (significant) medium-term risks can be mitigated while also quantifying those risks.…

Benzinga

Boeing Now Has a Liaison To Raise Concerns For Employees Who Work On Behalf Of FAA: WSJ

Boeing Co. (NYSE:BA) has appointed Mark Fava as its new ombudsperson for employees working on behalf of the Federal Aviation Administration, reported WSJ. Fava is a former U.S. Navy officer and airline operations official. According to a Boeing representative, Fava has recently concentrated on regulatory issues concerning the company's commercial…

Sports Illustrated

Report: WWE Board Investigating ‘Secret’ Vince McMahon Settlement

The probe reportedly also found additional, older NDAs involving ex-WWE female employees and claims of misconduct.

Benzinga

Softbank-Backed Mental Health Startup Cerebral Under FTC Scrutiny: WSJ

The Federal Trade Commission (FTC) has begun investigating mental-health startup Cerebral Inc on its potential engagement in unfair practices related to advertising or marketing of services.

Benzinga

Cryptocurrency Companies Reduce Hiring In Response To Market Downturn

Coinbase Global Inc (NASDAQ: COIN) revoked employment offers to people who accepted them and announced a slowing of its hiring pace in recent weeks.

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