Twitter's Labels for Trump Tweets Show Tech Platforms' Split Over Political Speech

Twitter's move to label two tweets by President Trump as misinformation highlights a widening divide among big tech platforms on how they handle political speech, a contentious issue as the presidential election approaches.

 
Marathon Partners to Launch Proxy Fight With e.l.f. Beauty

Marathon Partners is planning to nominate three directors to e.l.f. Beauty's board, a rare instance of an activist investor launching a proxy fight since the coronavirus shook American corporations.

 
Hertz Fleet Losing Value by the Day, Hindering Restructuring Efforts

The roughly 700,000 rental cars that are the lifeblood of Hertz's business are losing value rapidly, posing a challenge to bondholders' repayment and to the bankrupt company's chances of weathering the Covid-19 pandemic.

 
Covid-19 Pandemic Hits Nursing-Home Finances

Genesis Healthcare, the biggest U.S. nursing-home company, said a sharp drop in occupancy and rising expenses are putting the industry on edge even as federal aid starts flowing.

 
HBO Max Is Left Out of Amazon's, Roku's Platforms

HBO Max was absent from the nation's two largest streaming players when it launched Wednesday, the result of increasingly frequent clashes between streaming services and distributors.

 
Singapore Telecommunications 4th Quarter Net Profit Fell 26%

Singapore Telecommunications Ltd.'s fourth-quarter net profit fell 26% due to weakness in its Australia business and a regulatory cost it shared with its Indian associate company.

 
Investors Buy Ralph Lauren's Timeless Pitch

Ralph Lauren's focus on e-commerce and direct-to-consumer sales blunted coronavirus impacts in China, cushioning share prices as the company braces for a worse quarter.

 
Disney World to Reopen Gradually Starting July 11

Walt Disney Co. said it plans to begin reopening Disney World at reduced capacity in mid-July, with the Orlando, Fla., theme park's Magic Kingdom and Animal Kingdom areas opening their doors on July 11 and Epcot and Disney Hollywood Studios following on July 15.

 
Twitter Loves Your Rage Against Its Machine

Social-media companies such as Twitter seem to feed off the very contempt they breed in their users.

 
Rental-Car Company Advantage Files for Bankruptcy

The parent company of Advantage Rent a Car filed for bankruptcy protection, the second big car-rental company to seek protection from creditors in less than a week as travel restrictions from the coronavirus pandemic continue to ripple through the economy.

(END) Dow Jones Newswires

May 27, 2020 21:15 ET (01:15 GMT)

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