Xerox Holdings Corp. has set its sights on a takeover of personal-computer and printer maker HP Inc., an audacious move that would unite two fading stars of technology.

Xerox is considering making a cash-and-stock offer for HP, which has a market value of about $27 billion, according to people familiar with the matter. The copier maker’s board discussed the possibility Tuesday, the people said.

There...

Xerox Holdings Corp. and Fujifilm Holdings Corp. have agreed to end a 57-year-old joint venture more than a year after an attempt at a full merger soured.

Xerox has agreed to sell its 25% stake in the venture, Fuji Xerox, to Fujifilm for $2.2 billion, according to people familiar with the matter. It has also agreed to sell a majority stake in a smaller joint venture to an affiliate of Fuji Xerox and extended the timeline of an agreement allowing Fujifilm to be a major supplier to Xerox, the people said. Xerox’s total expected...

Fiat Chrysler Automobiles NV and Peugeot maker PSA Group of France are in talks over a potential combination, according to people familiar with the matter. A deal could create a nearly $50 billion trans-Atlantic auto giant.

One possibility the two sides are discussing, according to one of these people, is an all-share merger of equals. Peugeot Chief Executive Carlos Tavares would lead the combined auto maker as its CEO, while John Elkann, FCA chairman and the head of the Agnelli family, which controls the Italian-U.S. auto...

Tiffany & Co. has received a takeover approach from LVMH Moët Hennessy Louis Vuitton SE, which is seeking to add the iconic U.S. jeweler to its portfolio of upscale brands.

The French company sent Tiffany officials a letter in the last couple of weeks outlining an all-cash takeover bid of roughly $120 a share, according to people familiar with the matter.

Hi all,

It’s always a pleasure to celebrate great stories and great people. You read the great stories, and I want to introduce you to the great people who’ve joined the Finance group or dived into new roles here in the past couple of months. There’s a ton going on. Zany repo markets, zany oil markets, zany IPOs–maybe there’s a theme here. We’re looking for more great people: Right now, we have openings for markets reporters in New York, London and Shanghai, the deputy investing editor in New York, and a Heard writer in New York. Say hi if you’re interested.

-Charles

New beats:Jean Eaglesham brings her formidable talents to the accounting beat. Jean will cover the major accounting firms and sniff out what companies are doing with their numbers. Jean joined the Journal nine years ago and has reported on financial fraud and enforcement. Before the Journal, Jean worked at the Financial Times for more than 13 years, including as chief political correspondent and...

Hi all,

It’s always a pleasure to celebrate great stories and great people. You read the great stories, and I want to introduce you to the great people who’ve joined the Finance group or dived into new roles here in the past couple of months. There’s a ton going on. Zany repo markets, zany oil markets, zany IPOs–maybe there’s a theme here. We’re looking for more great people: Right now, we have openings for markets reporters in New York, London and Shanghai, the deputy investing editor in New York, and a Heard writer in New York. Say hi if you’re interested.

-Charles

New beats:Jean Eaglesham brings her formidable talents to the accounting beat. Jean will cover the major accounting firms and sniff out what companies are doing with their numbers. Jean joined the Journal nine years ago and has reported on financial fraud and enforcement. Before the Journal, Jean worked at the Financial Times for more than 13 years, including as chief political correspondent and...

Anyone buying a retailer in 2015 knew Amazon.com Inc. tends to suck the air out of every category it enters. But the culprit turned out to be another fast-growing e-commerce company. Chewy Inc., founded in 2011, was offering premium brands and effectively replicating the specialty pet store experience online. It had started running TV ads in June of 2016, and the resulting surge in its growth was biting into PetSmart’s sales.

BC Partners quickly realized it would never be able to beat the online star. Instead, the buyout firm settled on a high-stakes strategy for a debt-laden retailer: It bought the very e-commerce upstart that was undermining its business.

In April 2017, PetSmart paid $3.35 billion for Chewy in what was then the largest e-commerce deal ever. The purchase was criticized by PetSmart’s lenders and the wider market as a bet-the-company move that would force PetSmart to add $2 billion in debt to the $6 billion it already had, all to buy an...

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After the group landed in Israel and left the plane, the flight crew found a sizable chunk of the drug stuffed in a cereal box for the return flight, according to people familiar with the incident. The jet’s owner, upset and fearing repercussions of trans-border marijuana transport, recalled the plane, leaving Mr. Neumann to find his own way back to New York, these people said.

Since Mr. Neumann co-founded WeWork—recently renamed We Co.—with Miguel McKelvey nine years ago, he has led with unusual exuberance and excess. His combination of entrepreneurial vision, personal charisma and brash risk-taking helped the company surpass $2 billion in annual revenue, and made it the country’s most valuable startup.

Now many of the same qualities that helped fuel his company’s breakneck growth in the private market are piling up as potential liabilities as the company prepares to go public—helmed by a CEO who looks little like a typical public-company chief.

Mr....

Amazon.com Inc. has adjusted its product-search system to more prominently feature listings that are more profitable for the company, said people who worked on the project—a move, contested internally, that could favor Amazon's own brands.

Late last year, these people said, Amazon optimized the secret algorithm that ranks listings so that instead of showing customers mainly the most-relevant and best-selling listings when they search—as it had for more than a decade—the site also gives a boost to items that are more profitable for the company.

The blueprint for a win-win at the new Raytheon Technologies Corp.: Raytheon (the smaller of the two companies) retains the primary corporate name, and its Boston offices serve as headquarters. Mr. Kennedy, after spending his entire career at Raytheon, takes home the consolation prize of a chairman role that expires in two years.

UTC gets more board seats (eight vs. Raytheon’s seven), more shares (57% vs. 43%), the CEO title for Mr. Hayes and therefore more say in the combined company.

If you’re wondering if a merger of equals that looks so lopsided will work, you’re not alone. The combined market value of UTC and Raytheon fell 7.2% in the week following the announcement, even as the broader stock market was flat.

“There is definitely skepticism of the challenge of trying to pull off the integration of two companies of considerable size,” said Emilie Feldman, a professor at the University of Pennsylvania’s Wharton School. “They also ask if the deal is...