U.K. Regulator Orders Big Four to Separate Audit Practices by 2024 
 

A U.K. regulator told the country's biggest professional services firms to draw up plans for separating their audit businesses by Oct. 23 and for the work to be completed by mid-2024.

 
Nokia, Hurt by Costly 5G Chip Mistake, Struggles to Catch Huawei 
 

In the global race for 5G supremacy, Nokia bet big on the wrong computer chip. Now the Finnish giant is trying to make up market share lost to competitors, including China's Huawei.

 
Pier 1 Imports Gets $20 Million Offer for Branding, Online Business 
 

The home goods retailer has found a potential buyer offering more than $20 million in cash for the bankrupt company's intellectual property and e-commerce business as its brick-and-mortar operations wind down.

 
Small Business Loans Helped the Well-Heeled and Connected, Too 
 

The federal government's Paycheck Protection Program helped some prominent businesses, new data show, revealing how the emergency loans weren't just open to small companies struggling to weather the pandemic.

 
Colin Kaepernick, Disney Team Up for Series on Racial and Social Injustices 
 

Colin Kaepernick and Walt Disney Co. have reached a deal that brings together the activist quarterback and the entertainment giant to produce content about the racial and social topics Kaepernick has championed.

 
LinkedIn to Add Audio Feature to End Pronunciation Gaffes on Names 
 

Garble no more: Platform looks to smooth first contacts by allowing users to record their own name and add the clip to their profile.

 
Regeneron Advances Covid-19 Drug Into Later-Stage Testing 
 

Regeneron is starting later-stage studies of its experimental Covid-19 drug, a quick move into testing that could establish whether the drug can be used for treatment and prevention.

 
Warren Buffett's Bet Is a Midstream Buying Signal 
 

Berkshire Hathaway's long-awaited pandemic-era purchase in a seemingly difficult business might seem like odd timing, but there is good logic behind it.

 
Dakota Access Pipeline Must Shut Down, Judge Rules 
 

A federal judge ordered the Dakota Access pipeline to shut down by next month because it was improperly granted a key environmental permit, a major setback for operator Energy Transfer LP and the American shale drilling industry.

 
Second Wirecard Executive Arrested and Questioned by Prosecutors 
 

The head of Dubai-based Cardsystems Middle East is to be detained because he is considered a flight risk.

(END) Dow Jones Newswires

July 06, 2020 19:15 ET (23:15 GMT)