SEC Pressing Tesla Directors on Communications With Elon Musk 
 

Federal regulators are pressing Tesla Inc.'s directors for details on how much information Chief Executive Elon Musk shared with them before he tweeted last week about a potential deal to take the company private, according to a person familiar with the matter.

 
Trump Asks Justice Department to Sue Opioid Companies 
 

President Trump called on his attorney general to sue opioid makers, his latest move in an administration-wide effort to combat the painkiller epidemic that caused a record number of deaths in 2017.

 
Judge Rejects Large Parts of FTC Suit Against DirecTV 
 

A federal judge rejected large parts of a nearly $4 billion government lawsuit alleging satellite-TV giant DirecTV engaged in deceptive advertising.

 
Walmart Rides Strong Consumer Spending to Faster Sales Growth 
 

Walmart said sales rose at the fastest rate in over a decade as the world's largest retailer continues to draw more people to stores and benefit from strong consumer spending.

 
J.C. Penney Lowers Earnings Outlook as Sales Fall 
 

J.C. Penney Co. lowered its full year earnings outlook after the retailer reported a wider loss and lower sales.

 
Wendy's Exits Stake in Arby's Parent 
 

Wendy's sold its remaining stake in Inspire Brands, the owner of Arby's and Buffalo Wild Wings, back to the company for $450 million.

 
Hershey CFO to Retire in 2019 
 

Hershey's finance chief Patricia Little is leaving the candy maker at a time of rising costs and changing consumer tastes toward healthier snacks.

 
Netflix Signs Up 'Black-ish' Creator Kenya Barris 
 

Netflix said it has signed writer and producer Kenya Barris, creator of ABC's "black-ish," to an exclusive multiyear deal, the latest addition to its star-studded lineup of creative talent.

 
AMD Set to Crack Intel's Lock on Data Centers 
 

Chip maker Advanced Micro Devices is expected to cut into Intel's stranglehold on the data-center business in the coming year.

 
Tesla Backs Off Solar Panel Deal With Panasonic 
 

Tesla has backed away from an agreement to buy all the output from a solar-panel factory it operates with Panasonic, the Japanese firm said, another sign of the uncertain outlook for Tesla's solar business.

 
 

(END) Dow Jones Newswires

August 16, 2018 17:00 ET (21:00 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.