Representatives of Elon Musk and Twitter Inc. are still grappling with terms of an agreement that would enable the purchase of the social-media company to proceed, continuing a monthslong drama surrounding the fate of the blockbuster deal. The discussions are the latest the two sides have held as a courtroom clash draws nearer. They quietly … Read more
White House officials are planning for President Biden to make an announcement on Wednesday about his proposal for dealing with student-loan debtaccording to people familiar with the matter. The president and his senior aides have for months been weighing whether to cancel some federal student loan debt. Mr. Biden’s top advisers have discussed several proposalsincluding … Read more
Billionaire investor Ryan Cohen cashed out his entire position in Bed Bath & Beyond this week, capping a wild stretch of trading in the stock and marking the latest sign that meme-stock mania is still alive. Mr. Cohen, the co-founder of pet-supply retailer Chewy Inc., developed a deep fan base of individual investors last year … Read more
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LONDON—Boris Johnson said Thursday that he would step down as British prime ministerfollowing a wide-scale rebellion in his party, capping an astonishing fall from grace for a politician who once looked poised to dominate U.K. politics for years. The step bookends an extraordinary 36 hours in British politics in which more than 50 ministers and … Read more
KYIV, Ukraine—Russian forces were pushing to encircle two cities in eastern Ukraine on Wednesday, part of an all-out assault to take control of the Donbas area, which is making progress but at a cost for Moscow. Fighting was centered around two cities on either side of the Siverskyi Donets River, Severodonetsk and Lysychansk. The two … Read more