Elon Musk Weighs In on Fatal Tesla Crash as Safety Officials Investigate 
 

Local authorities believe the Tesla Model S was operating without anyone in the driver's seat when it crashed into a tree Saturday night near Houston, killing both occupants.

 
Peloton Faces Mounting Pressure to Recall Treadmills 
 

The chairwoman of a House subcommittee said treadmills pose "grave and immediate risks," resulting in dozens of injuries and at least one death. Peloton said it won't stop selling the machines.

 
Cloud Business Helps IBM's Revenue Edge Higher 
 

IBM posted higher revenue ahead of a landmark split of the business this year that is part of CEO Arvind Krishna's plan to revive growth at the veteran tech company.

 
Credit Suisse Prime Brokerage Co-Heads to Leave Bank After Archegos Losses 
 

John Dabbs and Ryan Nelson are leaving the Swiss bank following a loss tied to the collapse of hedge-fund Archegos Capital Management.

 
Oprah-Backed Oatly Files for IPO 
 

The plant-based milk producer is backed by celebrities such as Oprah Winfrey and Jay-Z. The Swedish company entered the U.S. market in 2017 with its alternative dairy products that have grown in popularity.

 
United Reports $1.4 Billion Quarterly Loss as Carrier Looks for Rebound 
 

United Airlines Holdings Inc. reported weaker results than analysts were expecting for the first quarter as it looks for a broader rebound in demand as Covid-19 vaccines are distributed.

 
Drugmakers Accused of Causing Opioid Addiction in Trial 
 

J&J, Teva, Endo and AbbVie's Allergan said they acted legally.

 
Afterpay Explores U.S. Listing 
 

Afterpay Ltd. is exploring a U.S. stock market listing after the buy-now-pay-later provider's North American operations became the largest contributor to underlying sales in its most recent fiscal quarter.

 
Apple to Reinstate Parler App 
 

The company has excluded user downloads of the social-media app Parler since January, citing objectionable content.

 
NexPhase Capital Collects $544 Million for Fourth Buyout Fund 
 

The lower midmarket-focused private-equity firm's fourth buyout fund is about 50% bigger than its predecessor that closed in 2018.

(END) Dow Jones Newswires

April 20, 2021 03:15 ET (07:15 GMT)

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