US Business

Nearly 200 business leaders called for a smooth transition of power as President Trump and many Republicans continue to dispute the election outcome.

Haven, which had targeted innovations in areas such as primary care, insurance coverage and prescription drug costs, is shutting down.

The snack-food giant, which took a minority stake in Hu in 2019, is planning to buy the rest in a transaction that values the business at about $340 million.

During the crisis, sales of jewelry, Japanese whiskies, handbags and game jerseys sustain major auction houses.

The two auto makers expect the merger to be complete on Jan. 16, which would create a global auto-making colossus selling 8.7 million vehicles annually.

The offer, which would have a substantial stock component, comes after an earlier, roughly $10 billion all-cash overture was rebuffed.

Carl Icahn is also relinquishing his seats on the nutritional-supplements company’s board, taking a step back from a longtime investment.

Quibi is in advanced talks to sell its content catalog to Roku, as the short-form streaming service winds down its operations following an unsuccessful run.

A descendant of Fiat’s founding family, John Elkann, is seeking to create the world’s third-largest car maker by closing the industry’s biggest deal in decades.

Publicity and forecasts of rapid growth have become routine aspects of the booming IPO alternative of going public through a merger with a special-purpose acquisition company.