Shares of Ross Stores Fall 17% After Sales Decline 
 

The off-price retailer reported a decline in sales in the first quarter and forecast same-store stores would decline in the second quarter.

 
Applied Materials Profit Climbs but Supply-Chain Issues Persist 
 

The maker of semiconductor equipment reported sales and earnings below analyst estimates, sending shares lower after hours.

 
Canada to Ban 5G Equipment From Huawei, ZTE 
 

The decision follows a yearslong security review disrupted by geopolitical tension between Ottawa and Beijing.

 
American Stores Have Too Much of the Wrong Stuff 
 

Walmart, Kohl's, Target and other retailers have seen a surge of inventory as they find themselves carrying too much stuff that consumers no longer want so much of.

 
Boeing Tries Again to Fly Its Starliner Spacecraft to Space Station 
 

Set for Thursday night, the launch would come after a failed attempt and delays-and successful trips by Elon Musk's SpaceX.

 
Twitter Moves to Limit Spread of Misinformation in Crises 
 

For the new policy, Twitter defines crisis as situations in which there is a widespread threat to life, physical safety, health or basic subsistence.

 
Moderna Ready to Ship Covid-19 Shots for Young Kids by June 
 

The biotech company's CEO also said he expects the virus to evolve into something resembling influenza.

 
Bill Would Force Breakup of Google's Ad Business 
 

The GOP-led legislation, which has some Democratic support, takes aim at conflicts of interest in the advertising technology industry.

 
Ford Recalls 39,000 Large SUVs Over Fire Risk 
 

Ford advised owners of affected Ford Expeditions and Lincoln Navigators to park outside and away from structures.

 
Harley-Davidson Suspends Most Assembly, Shipments Over Supplier Matter 
 

Shares fell after the company said it was halting production of most of its motorcycles for two weeks following a notification from a supplier over regulatory compliance.

(END) Dow Jones Newswires

May 19, 2022 17:00 ET (21:00 GMT)