GOP-Led Legislation Would Force Breakup of Google's Ad Business 
 

The bill, which has some Democratic support, takes aim at conflicts of interest in the advertising technology industry.

 
Ford Recalls 39,000 Large SUVs Over Fire Risk 
 

Ford said the recall campaign covers 2021 Ford Expedition and Lincoln Navigator SUVs built between late 2020 and early 2021, and it advised owners to park affected models outside and away from structures.

 
Harley-Davidson Suspends Most Assembly, Shipments Over Supplier Matter 
 

Shares fall after the motorcycle company says a two-week halt follows notification from a supplier.

 
Kohl's First-Quarter Sales Fell as Retailers Struggle With Inflation 
 

Kohl's reported a 5.2% drop in first-quarter sales, the latest major retailer to struggle as inflation saps consumer spending power and raises costs for doing business.

 
McDonald's to Sell Russian Business to Licensee 
 

The fast-food giant said existing licensee Alexander Govor will acquire McDonald's entire restaurant portfolio in Russia and operate the restaurants under a new brand.

 
Spirit Airlines Urges Shareholders to Reject JetBlue Offer 
 

The budget carrier's board is urging shareholders to instead vote for a tie-up with Frontier over concerns that a deal with JetBlue would be blocked by antitrust regulators.

 
BJ's Stock is Higher After Earnings. Gasoline Sales Helped Revenue Beat Expectations. 
 

Total comparable club sales for the food retailer increased by 14.4% in the first quarter compared with the same period last year.

 
Boeing Gets Boost With Long-Awaited 737 MAX Deal From British Airways Owner 
 

The plane maker won a key order for 737 MAX aircraft from IAG, in a boost after losing a series of sales from longtime customers to rival Airbus.

 
Fintech Giant Klarna Looks for New Funds at Lower Valuation 
 

The SoftBank-backed buy-now-pay-later startup, valued last year at $46 billion, could see its valuation fall by one-third in a tough environment for technology companies.

 
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.

(END) Dow Jones Newswires

May 19, 2022 11:00 ET (15:00 GMT)

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