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Oil Surge Sends US Equity Futures Down, Yields Up: Markets Wrap

US equity futures slipped and the dollar climbed with Treasury yields as the surprise production cut from OPEC+ sent oil prices about 6% higher. • None UBS to…

Endeavor Group Nears Deal to Acquire Vince McMahon s WWE

Endeavor Group Holdings Inc. is nearing a deal to acquire World Wrestling Entertainment Inc. for about $9 billion, according to people familiar with the…

US Biotech Firm Apellis Is Said to Attract Takeover Interest

Apellis Pharmaceuticals Inc., a biotech firm focused on rare diseases and ophthalmology, is drawing takeover interest from larger drugmakers, people with…

Oil Rockets 8% After OPEC+ Jolts Market With Surprise Output Cut

Oil surged at the week’s open after OPEC+ unexpectedly announced crude output cuts that threaten to tighten the market, delivering a fresh inflationary jolt…

China Warns Top Bankers of Deepening Crackdown on Corruption

Chinese authorities warned the nation’s top banking executives that the crackdown on the $60 trillion industry is far from over in a private meeting late…

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