US Business

Gavin Baker was at Fidelity when he first invested in Elon Musk’s aerospace company.

Charlotte Tilbury sought to rework her buyout, complicating a fraught deal with Spanish beauty company Puig.

Heat treatment firm Bodycote said it received a 1.52 billion pound ($2.04 billion) takeover proposal from Apollo Global Management, and that the two were in talks, sending shares sharply higher.

CVC Capital Partners and Groupe Bruxelles Lambert said they teamed up to launch an offer to take Recordati private with a bid that values the Italian drugmaker at $12.47 billion.

Madrid-listed shares fell more than 14% in European morning trading, while Estee Lauder’s stock was up over 10% in premarket trading.

Amazon is racing Indian startups to deliver groceries to customers in minutes. The secret sauce is micro-warehouses.

Jonathan Andic, the son of Mango’s billionaire founder, has emerged as the prime suspect in the retail tycoon’s mysterious death.

Sam’s Club Chief Operating Officer Tom Ward, a veteran of almost two decades, and Cedric Clark, head of Walmart U.S. store operations, are leaving the company.

Print sales of “serious” nonfiction are in serious decline, and publishers think the reason is the smorgasbord of podcasts and other new media their male readers are devouring.

Watch WSJ break down the backlash and what the deal means for the future of similar brands.