Broadcom in Talks to Pay About $60 Billion for VMware

Broadcom is in talks to pay around $60 billion for VMware people familiar with the matter said, in what would be one of the biggest takeover deals of the year. The two technology companies are aiming to announce a cash-and-stock deal worth about $140 a share on Thursday, assuming the talks don’t fall apart, the … Read more

Five Things to Know About Broadcom’s Potential Deal for VMware

Text size Broadcom stock slipped in response to news of the possible deal. Justin Sullivan/Getty Images Broadcom ’s expected acquisition of cloud computing provider VMware will likely rank as one of the year’s biggest mergers.  Broadcom (ticker: AVGO), a chip maker, is in talks to buy VMware (VMW), according to Bloomberg, which said the transaction … Read more

VMware Stock Surges on Report of Broadcom Takeover Discussions, Broadcom Falls

Text size Buying VMware would strengthen Broadcom’s position in cloud computing. Dreamstime.com Shares of cloud computing provider VMware were surging Monday after reports said Broadcom was in talks to buy the software company. Chip maker Broadcom (ticker: AVGO), with a market value of about $222 billion, is negotiating to buy VMware (WMW), with a value … Read more

VMware Stock Surges on Report of Broadcom Takeover Discussions, Broadcom Falls

Text size Buying VMware would strengthen Broadcom’s position in cloud computing. Dreamstime.com Shares of cloud computing provider VMware were surging Monday after reports said Broadcom was in talks to buy the software company. Chip maker Broadcom (ticker: AVGO), with a market value of about $222 billion, is negotiating to buy VMware (WMW), with a value … Read more

Why Shale Drillers Are Pumping Out Dividends Instead of More Oil and Gas

Shale drillers have been hamstrung by pipeline constraints, rising prices for oil-field supplies and shortages of roughnecks and rigs. But there is another reason the highest oil and gas prices in years haven’t tempted U.S. drillers to boost output: Their executives are no longer paid to. Executives at firms including Pioneer Natural Resources Co. PXD … Read more

VMware Stock Surges on Report of Broadcom Takeover Discussions

Text size Buying VMware would strengthen Broadcom’s position in cloud computing. Dreamstime.com Shares of cloud computing provider VMware were surging Monday after reports said Broadcom was in talks to buy the software company. Chip maker Broadcom (ticker: AVGO), with a market value of about $222 billion, is negotiating to buy VMware (WMW), with a value … Read more

$6 a Gallon Gasoline? Here’s How It Could Happen.

Illustration by Elias Stein Text size U.S. gasoline prices are at record highs, averaging more than $4.50 per gallon at the pump, and surpassing $4 in all 50 states for the first time. But, says Natasha Kaneva, J.P. Morgan’s head of global commodities research, prices could climb over $6 this summer. Why the rise? Sanctions … Read more

‘I partially support my partner of 12 years as his business is, sadly, failing’: I’m 33, and have $300,000 in company stock. Should I sell those shares to pay off my debt of $56,000?

I am 33 years old, I currently make just over $120,000 a year, including an annual bonus, and my company has gifted me with around $300,000 in equity in the firm, although our stock is brand new, so it is constantly swinging up and down. I put around 6% toward a 401(k) and another 4% … Read more

You Bought. They Sold. Meet some of the insiders who unloaded $35 billion of stock in the tech IPO bonanza that tanked.

A year ago, Heather Hasson and Catherine “Trina” Spear flew from Santa Moncia, Calif., to New York to ring the opening bell of the New York Stock Exchange. The co-chief executives of FIGS, an online seller of pricey apparel for healthcare professionals, cheered their initial public offering together with people who joined them on the … Read more

Twitter Strikes Back, Says It Will Enforce Agreement With Elon Musk

Text size Elon Musk says the $44 billion deal to buy Twitter is on hold. Twitter disagrees. Jim Watson/AFP via Getty Images Twitter will hold Elon Musk to his offer to buy the company at the $44 billion price agreed last month, it said in two statements on Tuesday. The company “is committed to completing … Read more