J&J Wins Bankruptcy Pause on States' Talc Lawsuits 

Johnson & Johnson won bankruptcy court approval to keep on hold lawsuits brought by New Mexico and Mississippi that accuse the consumer-health giant of concealing cancer-causing material in its products.

Elon Musk's Twitter Reversal Renews Takeover Bid for a Now-Weaker Firm 

Billionaire's latest about-face over his $44 billion deal to buy Twitter has him poised to take over a company that is weaker than it was before he tried to abandon the agreement-thanks in part to his own actions.

SpaceX, NASA Launch Latest Crew to Space Station 

The mission marks the sixth time SpaceX has flown astronauts to the station for the space agency since 2020 and comes after NASA has moved to deepen its relationship with the Elon Musk-led company.

Rising Rates Could Help Reinsurers Price Climate Risk 

If Hurricane Ian leaves some "cat bond" investors with losses, reinsurers might see improved pricing in the future.

Tyson Foods to Close Chicago, South Dakota Offices, Relocate Employees 

Rising costs are pressuring the meat giant's bottom line after two years of soaring profit margins.

Facebook Tweaks News Feed, Giving Users More Control 

The social-media company said users can now choose "show less" or "show more" on individual posts which will allow them to curate the type of content they see.

How a Social-Media Frenzy Around Credit Suisse Rattled Its Stock 

Fast-spreading rumors circulating on Reddit and Twitter served as a reminder of the sway online forums can now exert over financial markets.

EV Battery Startup Plans $1.6 Billion Factory in Michigan 

Our Next Energy, which involves several former leaders of Apple's secretive car project, has plans for its factory to produce enough cells annually for 200,000 EVs by the end of 2027.

How Macy's Has Avoided the Inventory Pileup Plaguing Other Apparel Chains 

Executives say they cut orders and shifted inventory after seeing some troubling signs in credit-card spending.

Samsung is Going Big, Not Home, in Advanced Chips 

The South Korean company's ambitious investments in its foundry business and the increasing politicization of the chip sector will be tailwinds over the long run.


(END) Dow Jones Newswires

October 05, 2022 17:15 ET (21:15 GMT)

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