GM Under Pressure by Einhorn to Split Stock in Two Classes 
 

General Motors is facing pressure from investor David Einhorn's Greenlight Capital to boost its stock price by splitting its common shares into two classes. GM said that structure creates "unacceptable" risks.

 
Tesla Gets Backing of Chinese Internet Giant Tencent 
 

Tesla gained a potential key ally in China after the country's most valuable company, Tencent, revealed it had bought a 5% stake in the Silicon Valley electric-vehicle maker.

 
Wells Fargo Gets Lower Marks on Community-Lending Scorecard 
 

Wells Fargo said it was downgraded on a key regulatory rating that focuses on its ability and willingness to lend to lower-income populations.

 
Facebook, Eye on Snapchat, Adds Camera Features 
 

Facebook is taking another shot at Snapchat, introducing three new camera-centric features to its main Facebook app, including one that allows users to create montages that vanish within 24 hours-just like Snapchat's Stories.

 
SpaceX Aims for First Rocket Launch With Reused Booster 
 

Elon Musk's SpaceX will strive to make history once again, highlighting benefits of reusable boosters with the launch of the first large, liquid-fueled rocket powered by engines previously fired in space.

 
Ford Adds $350 Million in Investments Amid Fanfare by Trump 
 

Ford outlined investments in three Michigan factories, a move heralded by President Donald Trump, that include several previously disclosed projects, plus $200 million to build a data-storage center and an extra $150 million to retool a small-car plant to build pickups and SUVs.

 
SoftBank Considers $6 Billion Investment in China Ride-Hailing Firm Didi 
 

SoftBank has approached China's Didi Chuxing about investing roughly $6 billion to help the ride-hailing firm expand in self-driving car technologies.

 
Uber Workforce Data Show Dearth of  Women on Tech Side 
 

Uber Technologies Inc. on Tuesday published the first breakdown of its workforce by gender and ethnicity, part of an effort to push back against criticism that the ride-sharing company's culture is hostile to women

 
Amazon Launches Grocery Pickup Stores in Seattle 
 

Amazon.com said it is launching a new grocery-store pickup service, pushing deeper into brick-and-mortar retail as it moves to capture more of what people spend on food.

 
Senator McCaskill Begins Probe of Prescription Opioid Marketing 
 

U.S. Sen. Claire McCaskill has begun a probe into the marketing of opioid drugs, sending letters to Purdue Pharma LP, Johnson & Johnson and other big sellers of the pain medicines for materials detailing sales practices.

(END) Dow Jones Newswires

March 28, 2017 17:15 ET (21:15 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.