Celsius Spent $40 Million on Crypto Mining in First Two Weeks of Bankruptcy 
 

But the cryptocurrency lending platform expects the mining facility to turn a profit by January, CFO says.

 
Endo Creditor Group Considers Rival Chapter 11 Bid 
 

A group holding more than $3 billion in Endo bank and bond debt is weighing an offer for the bankrupt drugmaker's assets after the company announced a stalking-horse bid from first-lien creditors.

 
Trial Ends in Government Challenge to Book Publishing Merger 
 

Closing arguments were made Friday, and a judge is weighing the Justice Department's antitrust bid to block Penguin Random House's proposed acquisition of Simon & Schuster.

 
Walmart Expands Abortion Coverage in Employee Health Plan 
 

The nation's largest private employer said it would expand the types of medical situations in which its employee health plan would cover an abortion and said it would cover travel expenses for medically necessary procedures.

 
Regal Owner Cineworld Nears Bankruptcy as Theater Comeback Lags 
 

Theater admissions aren't recovering fast enough for the world's second-largest cinema chain to avert insolvency.

 
Jack in the Box Looks to Sell Some Del Taco Locations to Franchisees 
 

The burger chain is working to shed some outlets from Del Taco, which it acquired in March-part of a move to retain its access to cheap debt.

 
Federal Regulators Seek Answers About Tesla's Autopilot 
 

NHTSA is asking Tesla for information related to its cabin-camera system as part of an investigation into crashes involving its driver-assistance technology.

 
Rivian Drops Cheapest Versions of Its Electric Truck and SUV Models 
 

Electric-vehicle startup Rivian Automotive Inc. is discontinuing the least-expensive versions of its pickup truck and SUV models, citing low customer demand.

 
Wayfair to Lay Off Almost 900 Workers, Nearly 5% of Its Workforce 
 

The Boston-based furniture and home-goods company said it expects the cuts to cost between $30 million and $40 million.

 
Deere's Profit Hit From Higher Costs and Delayed Parts Deliveries 
 

The farm-equipment supplier cut its forecast as supply-chain problems and rising expenses put pressure on profit margins.

(END) Dow Jones Newswires

August 19, 2022 19:15 ET (23:15 GMT)