U.S. Allows Baltic NATO Members to Send Arms to Ukraine

WASHINGTON — The US has authorized three Baltic NATO members to send US-made weapons to Ukraine, US officials said. The decision allows Estonia, Lithuania and Latvia to send Javelin anti-tank weapons and Stinger air defense systems to the Ukrainian armed forces. The Biden administration has also informed Congress that it plans to provide Ukraine with … Read more

Stocks Open Higher After Nasdaq Enters Correction

US stocks rose at the start of the day, putting the indices on course to cut some of the steep losses that came as investors repositioned their portfolios, spooked by the prospect of tighter monetary policy and slower growth. The Nasdaq Composite Index rose 0.9% in early trading on Thursday, a day after a late … Read more

Biden Concedes Covid-19 Frustrations, Sees Path for Stalled Bill, Warns Russia on Ukraine

WASHINGTON — President Biden said he would likely have to break his stalled health, education and climate agenda in hopes of getting his policies through Congress, saying he suspects Moscow will invade Ukraine, warning that Russia will have an “expensive price” would pay if that were the case. The president defended his policies and his … Read more

Blinken Seeks to Reassure Ukraine as Russia Moves Troops in Region

The top diplomat of the Biden administration tried to reassure the Ukrainian president with united support from the West, but warned that Russia could invade as concerns mounted over Moscow’s deployment of troops in Belarus, which borders Ukraine. “We made it very clear to Moscow that if it chooses to renew its aggression against Ukraine, … Read more

Microsoft’s Activision Blizzard Deal to Power Its Netflix-of-Gaming Aspirations

Microsoft Body MSFT 1.87% Acquisition of Activision Blizzard Inc. ATVI -0.18% aims to shake up the gaming industry by expanding the software giant’s library of hit video games and strengthening its efforts to attract consumers to its cloud gaming service. The anticipated $75 billion deal would be Microsoft’s biggest ever and its most ambitious investment … Read more

Procter & Gamble Says Prices Will Keep Going Up

Procter & Gamble Co. PG 4.21% is betting that the world’s consumers won’t be put off by higher prices on household essentials, from Pampers diapers to Gillette razors. The Cincinnati-based consumer products giant said sales rose 6% in the quarter ended Dec. 31 compared with a year earlier, driven in part by the company’s biggest … Read more

Stocks Open Higher, While Bond Yields Edge Down

US stocks and government bond prices recovered some of Tuesday’s losses as investors brace for global central banks to raise interest rates. The S&P 500 rose 0.4% in early trading on Wednesday. The benchmark gauge lost 1.8% on Tuesday, its second drop in three trading days. The big-tech Nasdaq Composite Index added 0.5% and the … Read more

Microsoft to Buy Activision Blizzard in All-Cash Deal Valued at $75 Billion

L’accord, s’il était conclu, élargirait considérablement l’activité de jeux vidéo déjà importante de Microsoft, en ajoutant une écurie de franchises de jeux populaires, notamment Call of Duty, World of Warcraft et Candy Crush, à l’activité console Xbox de Microsoft et à ses propres jeux comme Minecraft et Doom. Microsoft a déclaré que la transaction en … Read more

Credit Suisse’s António Horta-Osório Lost Board Support Over Covid-19 Rules Breach

Came to fix Credit Suisse Group AG broken culture. Then he became part of the problem. António Horta-Osório expected a slap on the wrist on Sunday from Credit Suisse CS 0.38% board for breaking coronavirus quarantine rules on travel to events, according to people familiar with his departure. Instead, he had to leave his job … Read more

Rolls-Royce, Bentley, BMW Sales Surge as Cheaper Brands Lag Behind

BERLIN—A surge in luxury car sales and a shift from scarce semiconductors to more profitable vehicles helped many automakers post solid profits last year, even as core vehicle sales lagged and disruptions in the supply chain paralyzed car production. Faced with the double whammy of the pandemic and shortages of chips and other components, most … Read more