Palantir Technologies Inc. grabbed a valuation of roughly $21 billion in its trading debut on the New York Stock Exchange, as it became the latest technology company to try its hand at a direct listing. The stock closed at $9.50, higher than the $7.31 and $9.17 average prices where the stock...

Walt Disney Co. said it would lay off about 28,000 employees at its domestic theme parks, citing continuing restrictions due to the Covid-19 pandemic, particularly its inability to reopen Disneyland in Southern California. In announcing the layoffs, Disney said the impact of the pandemic has...

European Central Bank President Christine Lagarde said the bank stands ready to provide more stimulus to support the eurozone's struggling economy, as major economies like France and Spain experience a fresh spike in Covid-19 infections. At a hearing of the European Parliament on Monday, Ms....

Veolia Environnement SA is set to present an "improved offer" for Suez SA to Engie SA's board of directors, Chief Executive Antoine Frerot said. "The offer price will be increased, but I won't say by how much," Mr. Frerot said, adding that price is not the sole criteria. The improved offer takes...

Amazon.com Inc. rolled out an array of speaker and security devices centered around the home and a gaming subscription service and controller, offerings tailor-made for the coronavirus era. The devices include a home-camera drone, a pivoting speaker with a camera, a car alarm, a car camera, a...

The expansion pace of overall business activity in the U.S. private sector was largely unchanged in September, with services sector slightly easing and manufacturing sector remaining strong, preliminary data from HIS Markit showed. The flash reading for the U.S. Composite Output Index stood at...

Nike Inc.'s sales rebounded in the summer quarter after slumping earlier during the coronavirus pandemic, as rising digital sales offset declining revenue at traditional stores. The sportswear company said revenue was $10.6 billion in the quarter ended Aug. 31, down 1% from the prior year....

Microsoft Corp. plans to acquire the owner of the popular Doom videogame franchise for $7.5 billion in its biggest gaming acquisition after the software company lost out on buying video-sharing app TikTok. The proposed cash deal for ZeniMax Media Inc., the owner of popular game developer...

Shares in Euronext NV rose Friday after it said that it was in exclusive talks with London Stock Exchange Group PLC over the acquisition of Italy's Borsa Italiana. Euronext said that it had engaged in the talks with LSE with CDP Equity, an entity owned by Italian investment bank Cassa Depositi e...

Ford Motor Co. is expanding its largest and oldest factory to make electric pickup trucks, a high-profile manufacturing investment in a key battleground state where jobs remain a focus on the campaign trail. Ford will spend about $700 million to expand its River Rouge plant, adding 300 jobs at...