Costco Sales Rise as Inflation Continues to Weigh on Consumers 

Revenue rose 15%, beating analysts' expectations-and indicating consumers see the warehouse retailer as a haven against rising prices

Faraday Future Says It Faces Death Threats Amid Effort to Raise Capital 

The statement comes after one of the electric-car startup's largest shareholders sued the company in Delaware court.

Walmart to Offer Free Return Pickups at Home for Some Members 

The company said Walmart+ subscribers in some markets could arrange for a driver to pick up their unboxed items at home for free

Boeing to Pay $200 Million to Settle SEC Investigation Related to Crashes 

The securities regulator alleged the plane maker and its former CEO made misleading statements to investors about the 737 MAX jets that crashed in Indonesia and Ethiopia.

Jana Partners Has Nearly 10% Stake in Freshpet, Sources Say 

The activist investor plans to push the pet-food company to make changes to boost its stock price and explore a sale.

Humana, CVS Circle Cano Health as Potential Buyers 

The healthcare giants are possible purchasers of Cano Health according to people familiar with the situation, as heavyweights in the industry scramble to snap up primary-care providers.

FedEx to Raise Shipping Rates by 6.9% as It Combats Slowdown 

The delivery giant says it plans to eliminate another $4 billion in annual costs.

Salesforce Not Slacking on Margin Focus 

The cloud-software giant signaled a notable shift in marketing spending and dealmaking to keep its margins growing.

Activist Investor Looks to Oust Kohl's CEO, Chairman 

Ancora said the retailer needs new leadership after a slow recovery from the pandemic, a sharp drop in profit and the scrapping of a potential sale to Franchise Group.

BlackRock Takes Heat From New York City Over Climate Stance 

New York City's comptroller is pressing the asset manager to recommit to achieving net zero emissions across its portfolio.


(END) Dow Jones Newswires

September 22, 2022 19:15 ET (23:15 GMT)

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