Bristol Myers to Buy Karuna Therapeutics for $14 Billion 
 

The cash deal would help Bristol establish a beachhead in neuroscience drugs, including a schizophrenia treatment up for approval.

 
Global Gaming Shares Dive After China Proposes Online-Gaming Curbs 
 

Global gaming stocks sank after Beijing released draft regulations for the online game industry that included restrictions on incentives to play or spend more online.

 
A 'Recipe for Disaster': Insiders Warned Meta's Privacy Push Would Shield Child Predators 
 

The company's own child-safety experts sounded the alarm about efforts to encrypt messages on Instagram and Facebook. This month, it started doing it anyway.

 
New Yelp Has Earned Its Extra Stars 
 

The online review pioneer has made its advertising business more cost effective, helping the stock make its best run in years.

 
China's Sportswear Giants Take a $25 Billion Tumble 
 

A nationalist buying frenzy has faded, hurting shares of Li Ning and Anta.

 
Adidas, Puma, and JD Sports shares slump after Nike warning 
 

Nike cut its guidance and outlined plans to make $2 billion worth of cost savings over the next three years

 
White House Says $14.1 Billion U.S. Steel Sale Deserves 'Serious Scrutiny' 
 

Under the deal, Japan's Nippon Steel would acquire one of America's most storied industrial enterprises.

 
Airline Passengers Are Still Losing It 
 

Throwing punches and opening doors: In-flight disruptions are still happening at worrisome levels, regulators and airlines say.

 
Sumitomo Life to Buy Singapore Insurer in S$4.6 Billion Deal 
 

Sumitomo Life Insurance has agreed to buy Singapore Life Holdings in a deal that will value the homegrown insurer at 4.6 billion Singapore dollars (US$3.47 billion).

 
This Retailer Launched Last Year and It's Shipping a Million Packages a Day 
 

Newcomer Temu and Shein are targeting bargain hunters and benefit from lower shipping costs by sorting packages in China.

(END) Dow Jones Newswires

December 22, 2023 07:00 ET (12:00 GMT)