A barely concealed network of buyers, sellers and couriers is bypassing the Biden administration’s restrictions aimed at denying China access to the highly coveted products, The Wall Street Journal has found.
Skydance would pay $1.75 billion for National Amusements under the preliminary deal.
Tesla’s vehicle sales slid for a second straight quarter but not as much as expected, lifting the company’s stock price and keeping Tesla the world’s largest seller of electric vehicles.
The regulator alleges the acquisition of Mattress Firm would provide Tempur Sealy with the ability and incentive to suppress competition and raise prices for mattresses for millions of consumers.
Richemont appointed new chief executives for its heavyweight brands Cartier and Van Cleef & Arpels, reshuffling its core jewelry division following recent management shifts at the helm of the Swiss luxury group.
The deal, which is valued at $6.65 a share, is a 28% premium from Infinera’s stock price at the close of trading on Wednesday.
