3M Faces Potentially Billions in Liabilities Over $7.63 Earplugs 
 

The company will begin court-ordered settlement negotiations over military earplugs next month, following lawsuits filed by thousands of veterans.

 
Tesla, Ford and GM Raise EV Prices as Costs, Demand Grow 
 

Auto makers are marking up electric vehicles to offset rising battery-material costs and capitalize on the interest caused by higher gas prices.

 
Employees Scrambled to Keep Robinhood Afloat in January 2021 Meme-Stock Frenzy, House Report Finds 
 

A deluge of trades strained Robinhood Markets and the markets ecosystem surrounding it during the week in January 2021 when meme stocks exploded, according to a House panel.

 
Naspers Hit by Earnings Fall 
 

Naspers posted revenue of $7.9 billion for fiscal 2022, driven by strong digital sales but core earnings fell 40% due to the continuing investment in its e-commerce portfolio and slower growth at Tencent.

 
NIO's Shares Hit New Highs as Outlook Brightens 
 

NIO Inc.'s shares in Hong Kong and Singapore climbed to fresh highs as the global outlook for electric-vehicle demand brightens.

 
Cruise Lines Can't Duck Their Debt 
 

Carnival, Royal Caribbean and Norwegian Cruise Line are all eyeing a near-term return to profitability this year, but some analysts think they could be sailing into a recession with boatloads of debt.

 
Amazon's Prime Day Isn't Quite the Blockbuster It Once Was 
 

Sales growth for the online shopping extravaganza has slowed and consumers aren't purchasing orders as large as they once did.

 
Spirit-Frontier Deal Backed by ISS 
 

Proxy advisory firm Institutional Shareholder Services reversed its position on the deal after Frontier sweetened its offer Friday.

 
AT&T, Verizon Raise Prices and Test Consumer Budgets 
 

The wireless companies are boosting monthly fees and increasing the cost of mostly older cellphone plans.

 
Zendesk Strikes $10.2 Billion Deal With Buyout Firms 
 

The software company has closed an all-cash acquisition deal with a group of buyout firms led by Hellman & Friedman LLC and Permira.

(END) Dow Jones Newswires

June 27, 2022 03:15 ET (07:15 GMT)