Elon Musk's Pursuit of Twitter Leads to Legal Questions 
 

The Tesla chief has paused his bid for the social-media company, citing fake accounts, but Twitter can ask a judge to make him follow through.

 
Tesla Autopilot's Role in Deadly Vehicle Crash Is Probed by Safety Regulators 
 

U.S. auto-safety regulators have opened a special crash investigation into a fatal wreck involving a Tesla vehicle that has left three people dead.

 
Target, Walmart Earnings Selloff Puts Retailers' Inflation Pains on Display 
 

Higher costs on fuel, products and wages prompt some companies to rethink how and when to raise prices further

 
Under Armour CEO Patrik Frisk Is Stepping Down 
 

The sportswear brand named operating chief Colin Browne as interim chief executive, effective June 1.

 
EDF Cuts Output Estimates, Takes Profit Hit 
 

EDF said it expects an earnings hit of around EUR18.5 billion this year after t lowered its nuclear output estimates due to inspections for stress corrosion at some of its reactors.

 
EasyJet Sees Jump in Bookings as Loss Narrows 
 

easyJet said bookings in the past 10 weeks were 6% above the same period in 2019 and that it remained confident in its plans for the summer, as the airline cut its first-half adjusted loss to GBP545 million.

 
Generali First Quarter Beats Hopes Despite Russia Hit 
 

Generali posted above-forecast net profit and gross premiums in the first quarter despite EUR136 million of writedowns on its Russian investments that dragged the group's bottom line down.

 
Singapore Airlines En Route to Pre-Covid Levels But Faces Cost Headwinds 
 

Singapore Airlines Ltd.'s brightening passenger demand outlook seems like it will be enough to offset rising fuel costs, but the carrier still faces near-term headwinds from its cargo business and potentially lower ticket pricing.

 
Analysis: Macau Takes Practical Turn on Casinos, but Visitor Challenges Remain 
 

Macau's proposed changes to its casino rules are positive for the city's big-league gambling companies, but in the short term Covid-19 restrictions and an overreliance on visitors from China will continue to weigh on operations, analysts say.

 
Chinese Energy Stocks Decline Amid Global Recession Fears 
 

Chinese energy stocks broadly declined Thursday morning amid persistent concerns that an economic downturn in the global economy could curb demand.

(END) Dow Jones Newswires

May 19, 2022 05:15 ET (09:15 GMT)

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