Crypto Fund Three Arrows Ordered to Liquidate by Court 

A British Virgin Islands court ordered the liquidation of the cryptocurrency hedge fund after creditors sued it for failure to repay debts.

Bed Bath & Beyond CEO Exits as Sales Plunge 

Bed Bath & Beyond replaced Chief Executive Mark Tritton, as the home-goods retailer's sales plunged due to a mismatch between what its stores carry and what shoppers want.

General Mills Sales Climb 8% on Higher Prices 

The food maker plans additional price increases as inflation pushes costs up.

Unilever Sells Ben & Jerry's Business in Israel to Franchisee 

The move is an effort to end a controversy that has buffeted the company since last year, when the brand said it would stop selling its products in Jewish settlements located in the Israeli-occupied West Bank and contested East Jerusalem.

China Eases Regulatory Restraints on Two Tech Platforms 

China eases regulatory restraints on two online platforms-logistics platform Full Truck Alliance Co. and online recruitment firm Kanzhun Ltd.-signaling it is dialing back a regulatory campaign that hurt economic activity in the country's tech sector

FedEx's New Boss Faces Strategic Choice as Package Volumes Fall 

Investors want to see more efficient operations, while ground-delivery contractors are pressing for financial help.

Ford's Talk of New EV-Selling Rules Rattles Some Dealers 

Ford Motor is preparing new rules for how it sells electric vehicles, a shift that is concerning some dealers and seen as challenging the traditional franchise model.

Behind the Celsius Sales Pitch Was a Crypto Firm Built on Risk 

Celsius CEO Alex Mashinsky built his cryptocurrency lender on a pitch that it was better than a bank. But investor documents show it had far more risk than a traditional lender.

H&M Reports Jump in Earnings, as In-Store Sales Rise 

The Swedish fashion retailer reported a jump in sales and profits for the second quarter, saying well-received collections allowed it to scale back on discounts.

TSA Eases Pipeline Cybersecurity Rules Issued After Colonial Hack 

The Transportation Security Administration is loosening pipeline cybersecurity rules imposed after the hack of Colonial Pipeline last year, giving companies a longer window to report cyberattacks and more leeway to design their defenses.


(END) Dow Jones Newswires

June 29, 2022 11:00 ET (15:00 GMT)

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