Page 22 - Wsj Com News Today

The Securities and Exchange Commission is investigating whether recent stock sales by Tesla Inc. chief executive Elon Musk and his brother, Kimbal Musk, violated insider-trading rules, according to people familiar with the matter.

NFTs are all the rage. These digital tokens -- often associated with digital art and collectibles, songs, videos and designs -- are everywhere, but they are more than novel art. In fact, NFTs may offer solutions, at least in part, to some of society's challenges.

He's leaving home. Famed ex-Beatle Paul McCartney and his wife, Nancy Shevell, have sold their penthouse on New York's Fifth Avenue for about $8.5 million, roughly 45% less than what they paid for it in 2015, according to a person familiar with the situation.

Dozens of banks had rejected Ann Marie and Dan Ellis when they opened Bank of America Corp. checking accounts last February to fund their southern Arizona network of automated teller machines.

Foreign investment in United States commercial property surpassed pre-pandemic levels last year, as overseas investors piled back in after travel restrictions eased and the US economy bounced back.

Frontier Airlines agreed to buy Spirit Airlines for $2.9 billion in cash and stock in a deal that would create a discount-airline juggernaut.

Kohl's Corp. on Friday rejected a $9 billion takeover offer by an activist group for being too low, but said it would review other expressions of interest in the department-store chain.

Peloton Interactive Inc is drawing interest from potential suitors including Amazon.com Inc., according to people familiar with the matter, as the stationary-bike maker's stock slumps and an activist urges it to explore a sale.

Ford Motor Co. reported a strong profit for 2021 and issued an upbeat forecast for this year, the latest sign that the auto industry could return to a degree of stability after two years of pandemic-related disruptions.

Southwest Airlines is bringing back in-flight alcohol sales after holding off for months to tamp down on disruptive passengers.