Bloomberg Business

WWE Rebounds After Analysts Defend Deal With UFC Parent

World Wrestling Entertainment Inc. shares surged 8.9% Tuesday to its highest level in nearly four years as Wall Street analysts defended its deal with Endeavor Group Holdings Inc.’s mixed martial arts league, Ultimate Fighting Championship.

Microsoft Abandons Plans for New Office in London

Microsoft Corp. is abandoning plans for a new office complex in London, the company said Tuesday, showing how plans to trim 10,000 workers this year will affect its real estate needs.

Read the New York Felony Indictment Against Trump

Former US President Donald Trump appeared for arraignment before a Manhattan judge on Tuesday after being indicted by a grand jury on charges connected to the alleged payment of hush-money to cover up an affair.

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