Deal expected to value Zoox at less than its last private valuation
SoftBank-owned investment group Fortress acquired Southern fast-food chain Krystal for $48 million after the restaurant filed for bankruptcy in January.
Amazon may be trolling bankrupt retailer J.C. Penney.
Ninety-eight exploration and production companies in Texas with $75.7 billion of debt filed for bankruptcy from 2015 through 2020.
The company broadcasts live and recorded events, such as sports games and music concerts, for virtual-reality headsets
Goldman's business model may need a boost.
FOX Business' Lauren Simonetti says while airlines and pharmaceuticals dipped on Thursday, many other sectors ended in the green after President Trump said the U.S. might have a coronavirus vaccine by the end of the year.
FOX Business' Charlie Gasparino reports Sen. Kelly Loeffler, R-Ga., is weighing a private meeting with the U.S. Securities and Exchange Commission and regulators to show she didn't partake in insider trading. Gasparino later says the Goldman Sachs Group, Inc. may be considering a possible merger with another bank.
Sources tell FOX Business’ Charlie Gasparino Goldman Sachs is considering a merger and could possibly team up with Wells Fargo, PNC Bank, BlackRock, UBS or American Express.
The coronavirus pandemic has sparked widespread speculation that two major investment banks, Morgan Stanley and Goldman Sachs, could see vast changes in the coming months, FOX Business has learned.
FOX Business' Charlie Gasparino says sources are telling him Morgan Stanley financial advisers may be converted to independent contractors which could change the way Wall Street does business. He later discusses the speculation of a merger between Wells Fargo and Goldman Sachs.
Hedge fund Mudrick Capital Management LP asked Neiman Marcus Group's independent directors on Tuesday to explore a combination with rival department store chain Saks Fifth Avenue, challenging the company's plan to reorganize under bankruptcy protection.
GrubHub stock soared Tuesday on a report that Uber is in talks to buy the food delivery service in an all-stock deal that would merge two of the country's largest on-demand meal platforms.
Engine Media executive chairman Tom Rogers and Torque Esports Corp. co-CEO Darren Cox discuss how Esports is becoming extremely popular among racing fans.
The U.S. investment firm, which has more than $54 billion in private equity assets under management, has committed or invested some $13 billion into energy over the last decade.
Revenue at the media company -- a combination of Viacom Inc. and CBS Corp. that closed in December -- slumped over 6% to $6.67 billion.
Alexion will pay $18 per share for Portola, which closed at $7.76 per share on Monday.
Intel is buying robotic taxi startup Moovit for $900 million. FOX Business' Susan Li with more.
IBM CEO Arvind Krishna says it has a secure dividend and financial flexibility, which leaves room for additional acquisitions in the future when they make strategic sense.
On Monday, L Brands said the lawsuit with Sycamore Partners was settled