Lauren Hirsch

A string of gambling situations involving athletes leaves leagues in a tough spot.

Major U.S. investment firms such as General Atlantic, Susquehanna and Sequoia Capital own stakes in ByteDance, the parent of TikTok. Their investments are increasingly under fire.

TikTok’s turn in geopolitical cross hairs highlights the narrowing paths to liquidity for investments in Chinese companies.

Wall Street is abuzz about a potential deal, but the large price tag for the app is one of many factors that could limit the number of suitors.

The new offer values the department store chain at $6.6 billion. Macy’s, which just announced a strategy to turn around its business, said it would “carefully review” the proposal.

The acquisition, which is subject to regulatory approval, will combine two of the largest credit card companies in the United States.

Doha Mekki, one of President Biden’s key antitrust enforcers, talks about the Justice Department’s big wins and losses, and what could be in store if President Biden gets another four years.

Mr. Woods is trading in the Nike swoosh he wore for decades for the tiger logo of Sun Day Red, which will be a stand-alone unit within TaylorMade Golf.

As team valuations skyrocket, the league is weighing whether to relax ownership rules that prohibit investment from private equity funds.

The move, which involves the Fenway Sports Group, raises questions about whether a deal to combine forces with Saudi Arabia’s sovereign fund is still necessary.