Elon Musk and Twitter at Odds Over Terms of Agreement to Close Deal

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

Dow Slips Again After Entering Bear Market

U.S. stocks finished mixed Tuesday after swinging between gains and losses as investors parsed a spate of economic data and comments from Federal Reserve officials. All three indexes spent much of the morning in the green, then slipped by midday. The Dow Jones Industrial Average, which entered a bear market on Monday, fell 0.4% Tuesday … Read more

Biden Planning Student-Loan Announcement Wednesday

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

Meme Lord Ryan Cohen Unloads Bed Bath & Beyond Bet, Sending Shares Spiraling

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

Target’s Profit Sinks as Retailer Unloads Unwanted Inventory

A glut of inventory sank profit at Target Corp. further than it expected, sparking investor concerns about the company’s response to an oversupply problem haunting retailers from Walmart Inc. to the parent of T.J. Maxx. Target’s operating margin declined to 1.2% in the quarter ended July 30, the company said in its quarterly earnings report … Read more

Walmart Lays Off Hundreds of Corporate Workers

Walmart is cutting hundreds of corporate roles in a restructuring effort, according to people familiar with the matter, a week after the retail giant warned of falling profits. The retailer began notifying employees in its Bentonville, Ark., headquarters and other corporate offices of the restructuring, which affects various departments including merchandising, global technology and real-estate … Read more