GE and Raytheon Aren't Yet Flying on All Engines 
 

Both conglomerates have reported a surge in airline shop visits in the second quarter, but their aerospace businesses still face many unknowns.

 
Hallmark Bets People Still Want to Send Paper Cards, but From Their Phones 
 

The company has rolled out a way for people to handwrite a note and add it to a paper greeting card, without buying a stamp or going to the mailbox.

 
Weber Sets IPO Terms That Could Put Market Cap Above $8 Billion 
 

Grill maker, backed by BDT Capital Partners, said it expects to sell shares for between $15 and $17 apiece.

 
Jeff Bezos Offers to Waive $2 Billion for NASA Contract 
 

The Amazon founder's offer aims to help his space company, Blue Origin, secure a joint contract for the lunar-lander program that was awarded solely to Elon Musk's SpaceX.

 
UPS Ships Fewer Packages as Pandemic Boom Wanes 
 

The carrier's revenue jumped in the latest quarter as higher shipping rates offset a slowdown in deliveries with more shoppers venturing to stores.

 
Instagram Adds More Protections for Teenagers 
 

Facebook separately pledged to keep younger children off its main platform, even as it explores an alternative product for them.

 
Lysol Maker Sees Disinfectant Sales Slow Amid Pandemic Recovery 
 

Reckitt Benckiser has ridden a wave of demand for its cleaning products since Covid-19 hit. Now it is grappling with a pandemic-recovery double whammy: slowing sales of disinfectants and rising cost inflation.

 
Bloomingdale's Joins Smaller-Store Trend With Bloomie's Launch 
 

The 22,000-square-foot store in a suburban shopping district in Fairfax, Va., will carry far fewer products than traditional Bloomingdale's stores, but will update its selection multiple times a week.

 
CBRE to Buy 60% Stake in Turner & Townsend in $1.3 Billion Deal 
 

The world's largest commercial-real-estate-services firm is buying a controlling stake in the London-based company ahead of an expected wave of investment in alternative energy and infrastructure.

 
Valo Health Acquires Biotech Startup, Gaining Protein Technology 
 

Drugmaker Valo Health, which has agreed to go public by merging with a blank-check company, is diversifying its product pipeline with the acquisition of Courier Therapeutics.

(END) Dow Jones Newswires

July 27, 2021 15:15 ET (19:15 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.