Samsung Expects Profits to Slump 
 

Memory-chip and smartphone businesses are feeling the effects of curbed consumer spending on tech products.

 
Tesla Aims to Deliver First Semitrailer Trucks in December to PepsiCo 
 

Elon Musk said the truck can travel 500 miles on a single charge

 
Twitter-Musk Judge Postpones Trial as Deal Talks Stall 
 

The surprise ruling, granting a request by Elon Musk, effectively ends negotiations and adds fresh uncertainty to efforts to close the $44 billion deal. Mr. Musk now has until Oct. 28 to do so.

 
Chevron Faces Challenges Restarting Venezuela's Oil Fields 
 

Analysts and executives are seeking to calculate how much crude the South American country can produce after years of infrastructure neglect.

 
Binance Estimates $100 Million Was Stolen in Blockchain Hack 
 

Crypto exchange Binance said late Thursday that $100 million was likely stolen as a result of a hack on its Binance Smart Chain blockchain network.

 
Florida Businesses Can't Require Covid Vaccine Proof, Court Rules 
 

The ruling tossed out a lower-court decision that had found the state's prohibition on proof of vaccination violated the speech rights of Norwegian Cruise Line Holdings, which challenged it in court.

 
Rakuten Group to Sell Stake in Online Brokerage Unit to Mizuho for $551.2 Million 
 

Rakuten Group Inc. has agreed to sell a 20% stake in its online brokerage unit to Mizuho Securities Co. for $551.2 million and form a strategic alliance.

 
Celsius Executives Cashed Out $18 Million in Crypto Before Bankruptcy 
 

Alex Mashinsky withdrew $10 million in tokens before stepping down as chief executive in late September.

 
AMD Cuts Revenue Forecast 
 

The company cites a weaker-than-expected PC market and "significant inventory correction actions across the PC supply chain."

 
Levi Posts Small Sales Increase Amid Supply-Chain Challenges 
 

Levi posted a slight sales boost in the latest quarter in the face of currency fluctuations and supply-chain challenges that the company said hampered its sales.

(END) Dow Jones Newswires

October 07, 2022 01:00 ET (05:00 GMT)