Twitter Flags Trump Tweet About Minneapolis Protests for 'Glorifying Violence'

Twitter placed a notice on a tweet from President Trump, shielding it from view for breaking what the company said are its rules about glorifying violence.

 
Trump Signs Order Targeting Social Media

The executive order seeks to limit the broad legal protection that federal law provides to social media and other online platforms.

 
Volkswagen Pours More Than $2 Billion Into China's Electric-Car Industry

Volkswagen is raising its share in a Chinese electric-vehicle joint venture and buying 26% stake in a local battery producer.

 
Peet's Coffee Raises $2.5 Billion From IPO, Defying Pandemic

The investment firm behind Peet's Coffee, Krispy Kreme and Keurig Dr Pepper said it priced the initial public offering of its coffee business at the upper part of its targeted price range, valuing it at $17.3 billion in one of the world's biggest IPOs so far this year.

 
Renault Plans 14,000 Layoffs

Renault said it's poised to cut more than 14,000 jobs over three years as part of its draft plan to reduce fixed costs by more than EUR2 billion.

 
Cook-It-Yourself? Restaurants See Future for Meal Kits Post-Pandemic

Their dining rooms closed, restaurants eke out sales from branded DIY meal kits.

 
China's Travel Giant Is Still Experiencing Turbulence

Trip.com reported a steep drop in first-quarter earnings. And that isn't even the bad news:

 
Costco's Sales Cool as Coronavirus Stockpiling Slows

Costco reported higher sales for its latest quarter, but its growth wasn't as fast as some competitors that were also able to stay open during the pandemic.

 
Novartis Inks Deal to Make Experimental Coronavirus Vaccine

Swiss drugmaker will make a gene-based Covid-19 vaccine being developed by researchers at Massachusetts Eye and Ear hospital, Massachusetts General Hospital and the University of Pennsylvania.

 
Mideast-Based NMC Health Files for Bankruptcy in the U.S.

NMC Health, a hospital operator based in the United Arab Emirates that collapsed amid fraud allegations, filed for bankruptcy protection in the U.S. and could liquidate as it faces shareholder lawsuits.

(END) Dow Jones Newswires

May 29, 2020 07:15 ET (11:15 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.