Facebook Employees Flag Drug Cartels and Human Traffickers. The Company's Response Is Weak, Documents Show.

Employees raised alarms about how the site is used in developing countries, where its user base is already huge and expanding. In many instances Facebook's response is inadequate or nothing at all.

 
CEO's Dad Gets a $3.6 Billion Stock Windfall at Carvana

Ernie Garcia II has benefited from an ownership structure that confers benefits on him and his family and allows them to maintain control of the business-benefits that can come at the expense of other shareholders.

 
Justice Department Fights Settlement That Would Shield Sacklers

The Justice Department, continuing its fight against a roughly $4.5 billion settlement that will shield the family who owns OxyContin maker Purdue Pharma from opioid lawsuits, wants to pause the deal until after appeals courts have weighed in.

 
Who Is Ken Jennings: Latest 'Jeopardy!' Co-Host Named

The game show champion will join Mayim Bialik through the end of the year.

 
Match Group Hopes for Savings From Looser App-Store Payment Rules

The online-dating company is working to sidestep Apple's and Google's payments systems following moves by authorities in the U.S. and South Korea to loosen the tech giants' grip on app-store transactions.

 
In Food Delivery, Iron Fists Could Trump the Invisible Hand

DoorDash, Grubhub and Uber Eats are hoping constitutional arguments can save their profit margins in New York City and potentially elsewhere.

 
Evergrande's Woes Fuel Selloff in Chinese Property Shares

A selloff in Chinese property stocks intensified, as concern mounted about the effects of an official campaign to rein in the sector.

 
Percheron Collects $770 Million for Debut Fund

Former Golden Gate Capital deal makers Chris Collins and Chris Lawler started Percheron last year.

 
Covid-19 Testing Startup Prenetics to Go Public in SPAC Merger

Prenetics Group Ltd. is going public on the Nasdaq Stock Market in a merger with special-purpose acquisition company Artisan Acquisition, in a deal valuing the Covid testing company at $1.25 billion.

 
Microsoft Plans $60 Billion Share-Buyback Program, Raises Dividend

Congressional Democrats have proposed implementing a 2% tax on public companies' stock buybacks.

(END) Dow Jones Newswires

September 16, 2021 15:15 ET (19:15 GMT)

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