The Score is a weekly review of the biggest stock moves and the news that drove them.PepsiCoWho broke up with whom, PepsiCo or Carrefour? ...

JPMorgan reported fourth-quarter results Friday. Photo: Marissa Alper for The Wall Street JournalJPMorgan Chase’s fourth-quarter profit slipped, but it was still enough to push the bank to a record-breaking result for the full year.Throughout 2023, the nation’s biggest bank benefited from higher interest rates, which increased margins in its lending business. When other banks suffered in a crisis of confidence starting in March, depositors rushed to JPMorgan’s vaults, and the chaos also resulted in a lucrat ...

A Tesla Model Y at the company’s Berlin factory. Photo: patrick pleul/Agence France-Presse/Getty ImagesBERLIN—Tesla plans to halt production at its biggest factory in Europe for two weeks as the conflict in the Red Sea continues to disrupt transport ships, raising the specter of a new supply-chain crisis for European manufacturers dependent on parts from China and other Asian countries.Tesla said in a statement Friday that it would stop nearly all production at its factory near Berlin from Jan. 29 to Feb. ...

BlackRock has been striving to expand its private-market operations. Photo: Angus Mordant/Bloomberg NewsBlackRock has agreed to buy private-equity firm Global Infrastructure Partners for roughly $12.5 billion in cash and stock, a significant push into private-market investments for the world’s largest asset manager.New York-based GIP owns and operates energy, transportation, and water and waste companies, including a stake in London’s Gatwick Airport. The acquisition would be BlackRock’s largest since it bo ...

BlackRock is continuing its success in first-day trading volume for funds. Photo: Angus Mordant/Bloomberg NewsBlackRock ’s new bitcoin fund is on pace to be among the most actively traded exchange-traded funds ever on launch day.More than $761 million of shares in the iShares Bitcoin Trust changed hands as of midday Thursday, according to Bloomberg data. ...

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Photo: Justin Sullivan/Getty ImagesAmazon.com missed a Wednesday deadline to offer remedies to the European Union over its $1.7 billion acquisition of Roomba maker iRobot , after the bloc had raised concerns that the deal could stifle competition in the robot vacuum cleaner market.The European Commission, the EU’s executive arm, made its concerns known in November after conducting an in-depth investigation into the deal that was outlined in August 2022. The bloc sent Amazon a so-called statement of objecti ...

Boeing Chief Executive David Calhoun Photo: EVELYN HOCKSTEIN/REUTERSBoeing CEO David Calhoun said the company needs to acknowledge its mistake as the aircraft maker reels from a door-plug failure that has resulted in roughly 170 of its planes being grounded and spooked its customers. “We are gonna approach this—No. 1—acknowledging our mistake,” Calhoun said Tuesday in an address to employees just days after the incident on an Alaska Airlines flight. “We’re gonna approach it with 100% and complete transparen ...

Photo: David Paul Morris/Bloomberg NewsThe European Union is looking into whether the bloc could launch a review of Microsoft ’s investment in ChatGPT maker OpenAI under its merger regulations, a month after the U.K.’s Competition and Markets Authority launched a probe into whether their partnership could have an impact on competition.The European Commission, the EU’s executive arm, made the disclosure on Tuesday as it sought input from interested parties on the level of competition in virtual worlds and g ...

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed byour Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contactDow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.https://www.wsj.com/finance/stocks/global-stocks-markets-dow-news-01-08-2024-60643316 ...