Elon Musk, Twitter at Odds Over Terms of Agreement to Close Deal 

The billionaire and the social-media platform are hashing out conditions tied to financing and dropping litigation over the stalled takeover.

Ford's Electric F-150 Lightning Truck Gets Higher Starting Price-Again 

Auto maker cites supply-chain issues, rising material costs and market factors as it increases cost of entry-level EV pickup.

U.S. Looks to Ease Venezuela Sanctions, Enabling Chevron to Pump Oil 

The Biden administration is preparing to scale down sanctions on President Nicolás Maduro's authoritarian regime to allow Chevron to resume pumping oil there, according to people familiar with the proposal.

Shell Warns of Profit Hit on Lower Refining Margins 

Shell warned that a steep fall in refining margins will have a negative impact of between $1 billion and $1.4 billion on its third-quarter adjusted earnings, while it also expects lower results from its Integrated Gas business.

Analysis: Credit Suisse's Woes Don't Make for a Lehman Moment 

European banks aren't at risk of facing a Lehman-style crash, analysts say, following the stream of negative stories and market turmoil hitting Credit Suisse.

Diageo Keeps Guidance Despite Multiple Challenges 

Diageo said it made a good start to fiscal 2023 and remains well-positioned to deliver its medium-term guidance despite expecting the operating environment to remain challenging.

Second Australian State Finds Star Unsuitable to Hold Casino License 

Queensland's government has found The Star Entertainment Group Ltd. is unsuitable to hold a casino license in the state, mirroring a similar conclusion reached by neighboring New South Wales state following a review

Battery Maker CALB Falls in Hong Kong Debut 

Chinese electric-vehicle battery maker CALB fell in its Hong Kong trading debut, becoming the latest newly listed company in the Asian financial hub to struggle with a cooling equities market.

Former Uber Security Chief Found Guilty of Obstructing FTC Probe 

Joe Sullivan covered up a 2016 data breach by paying hackers a $100,000 "bug bounty," prosecutors said.

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.


(END) Dow Jones Newswires

October 06, 2022 05:15 ET (09:15 GMT)

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