Tag: talks

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Kaixin Auto stock soars after disclosing merger talks, ambition to be like Nio, XPeng and Li Auto

Shares of Kaixin Auto Holdings KXIN, +89.22% took flight on massive volume Friday, after the China-based used and new car…

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Senators say there’s deal on ‘major issues’ in infrastructure talks: reports

Senators said Wednesday they have reached a deal on the “major issues” in ongoing bipartisan infrastructure talks, according to reports….

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Bill Ackman’s SPAC Pershing Square falls 7% premarket after Vivendi confirms talks to buy Universal Music stake

Shares of Pershing Square Tontine Holdings Ltd. PSTH, +0.56%, the special purpose acquisition corporation, or SPAC, created by billionaire investor…

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Stocks log modest weekly declines as stimulus talks stall

Stocks saw a mixed finish Friday, leaving major benchmarks modestly lower for the week as talks toward another round of…

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Dow, S&P 500 notch first two-day skid as fiscal stimulus talks fizzle

The Dow and S&P 500 closed lower on Thursday as rising jobless claims and faltering stimulus talks kept a damper…

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Square stock falls after report says company in talks to acquire tax-prep business from Credit Karma

Square Inc. SQ, -8.81% shares are off 9% in Friday trading after a Wall Street Journal report said that the…

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ViacomCBS in talks to sell CNET for about $500 million, WSJ reports

ViacomCBS Inc. VIAC, -1.02% has held talks with digital-media company Red Ventures LLC to sell its technology news site CNET,…

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Amazon in talks to invest in cloud-services company Rackspace: report

Amazon.com Inc. AMZN, +0.78% is exploring acquiring a minority stake in cloud-services company Rackspace Technology Inc. RXT, +14.33%, according to…

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Weekend U.S.-China talks on trade deal postponed indefinitely: report

The U.S. and China have canceled plans for a virtual weekend meeting to assess their so-called phase one trade deal…

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President Donald Trump to hold 3:30 p.m. ET news conference Saturday in Bedminster, N.J. after coronavirus talks flounder

President Donald Trump was set to hold a news conference on Saturday at 3:30 p.m. Eastern Time at his golf…

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Talks on coronavirus aid package fail to produce deal Friday

A last-chance effort to salvage a deal on a big new coronavirus aid package collapsed Friday, with both White House…

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AT&T in talks to sell WB games business in possible $4 billion deal: report

AT&T Inc. T, +1.09% is in talks to sell off Warner Bros. Interactive Entertainment in that deal that could value…