News Highlights: Top Company News of the Day
July 04 2022 - 11:30AM
Dow Jones News
Tesla Vehicle Deliveries Tumble After China Factory Shutdown
A string of record quarterly deliveries came to an end in the
second quarter, when Tesla handed over 254,695 vehicles to
customers.
As Deal Spree Sputters, Bankers Brace for Lean Times
Weak markets and an uncertain economic outlook have slowed
M&A and curtailed IPOs.
American Airlines Computer Glitch Disrupts Pilots' Schedules
The carrier's pilots union says it is in talks with the airline
to compensate pilots to helm flights they were mistakenly permitted
to cancel from their itineraries.
Hard Rock Atlantic City Workers, Casino Operator Reach Labor Agreement
The deal follows earlier labor pacts at MGM Resorts
International and Caesars Entertainment, and staves off a Fourth of
July strike on the boardwalk.
China's Fast-Fashion Giant Shein Faces Dozens of Lawsuits Alleging Design Theft
At least 50 federal lawsuits in the U.S. alleging trademark or
copyright infringement have named Shein or its Hong Kong-based
parent company, Zoetop Business, in the past three years.
Celsius Customers Are Losing Hope for Their Locked-Up Crypto
Three weeks since the crypto lender said it was halting
withdrawals, users want answers.
Coinbase Launches Derivatives Product in Crowded Market
Coinbase just introduced a derivatives product, its latest
attempt to move into a new field and offset weakness in its core
spot-trading business. It has a lot of competition.
Bubs Australia Shares Rise on New U.S. Supplier Agreements
Bubs Australia shares rose Monday after the infant-formula
manufacturer said that it had entered into two new U.S. supply
agreements.
Advanced Info Service to Spend Over $900 Million for Acquisitions
Advanced Info Service is planning to spend $911.70 million to
acquire stakes in broadband companies in Thailand as part of its
business expansion strategy.
Sime Darby to Exit Logistics Business With Sale of Weifang Port Companies
Sime Darby Bhd. said it will exit the logistics business after
the sale of its Weifang Port companies.
(END) Dow Jones Newswires
July 04, 2022 11:15 ET (15:15 GMT)
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