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The Latest Breaking News from WSJ

Disney Is a Living Proof of a Never-Ending Corporate Fairytale

Once upon a time, last quarter, The Walt Disney Company (NYSE: DIS) managed to beat both top and bottom-line expectations as its theme parks, experiences, and products division saw a revenue boost of 72% after collapsing during the pandemic.

Benzinga

Hans Niemann likely cheated over 100 times, top chess site finds

A 72-page report by Chess.com seen by WSJ says Niemann had likely received illegal assistance in over 100 online games.

Al Jazeera

Report: U.S. Chess Grandmaster Allegedly Cheated Over 100 Times

The Chess.com report comes in wake of Magnus Carlsen, a chess world champion, accusing Hans Niemann of cheating.

Sports Illustrated

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Rest In Peace Judge Silberman

We lost a legal legend.

Reason

Remote workers are increasingly surveilled, as manager paranoia surges

Critics call it bossware, and it's catching on.

Axios

'We Do Not View This As Proprietary Trading,' Coinbase Responds To Report On $100M Transaction

It looks like the Wall Street Journal and Coinbase Global Inc (NASDAQ: COIN) are misunderstanding each other.

Benzinga

Here's How Many Extra Subscribers Netflix Is Expecting With Ad-Supported Plan

An ad-supported plan coming later this year from streaming platform Netflix Inc (NASDAQ: NFLX) could add additional subscribers and revenue. Here’s a look at just how many subscribers Netflix thinks it can add with its new plan.

Benzinga

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Court Rejects Idea Theft / "Hot News" Claim by Occasional Fox Guest Against Fox

In Greer v. Fox Corp., decided Wednesday, Judge Laura Taylor Swain (S.D.N.Y.) largely adopted Magistrate Judge Stewart Aaron's report and recommendation from June 2021; here's an excerpt of that report and recommendation, which the District Judge adopted (and which strikes me as quite correct): The following is a summary of…

Reason

Kim Kardashian to Launch Private Equity Firm with Former Carlyle Partner

Reality television star and entrepreneur Kim Kardashian and a former partner at Carlyle Group Inc are launching a new private equity firm focused on investing in consumer and media businesses, the Wall Street Journal reported on Wednesday. The new firm to be launched by Kardashian and Jay Sammons will be…

Asharq Al-Awsat

Pentagon aims to speed arms sales to allies to better compete with China- WSJ

The Pentagon has launched a comprehensive push to accelerate sales of U.S. arms to foreign allies, to better compete with China and replenish arsenals of friendly nations that have given military gear to Ukraine, the Wall Street Journal reported on Friday.

Reuters

Disney Seeks To Pull Off An Amazon With 'Prime-Like' Bundle Service: WSJ

Walt Disney Company (NYSE: DIS) is reportedly planning to ape a tried-and-tested route to rope in more customers for its multiple services.

Benzinga

Kobe Bryant played without a mask after breaking his nose with chilling "war" comment

The late great five-time NBA champion Kobe Bryant was a warrior on the basketball court and he once played with a broken nose and chose not to protect it by wearing a mask

Daily Mirror

WSJ: FBI seized a series of "top-secret" materials in Mar-a-Lago search

The inventory and search warrant confirms the FBI removed classified documents that were only meant to be kept in secure government facilities.

Axios

Report: Mickelson, 10 Other LIV Golfers Sue PGA Tour

The group is reportedly suing over their suspensions, and three golfers are seeking temporary restraining orders so they can play in the FedEx Cup Playoffs.

Sports Illustrated

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The Independent UK

Who Is Nicole Shanahan? Meet the woman at the centre of the Elon Musk-Sergey Brin saga

Musk denies claims of having an affair and says he remains in good terms with Sergey Brin

The Independent UK

Elon Musk mocks Wall Street Journal editor after affair claim

The Tesla CEO has denied ever having a relationship with Sergey Brin’s wife, Nicole Shanahan

Al Jazeera

Saudi Arabia plans $1 trillion mirrored skyscraper in Neom

The mirrored skyscraper will run parallel for 120km and will house five million people, according to WSJ.

The Guardian - UK

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

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

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Evening Standard

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.

Reuters

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.

Benzinga

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.

Axios

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

Syria, Ukraine and oil will be on the agenda.

Benzinga

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

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…

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