EY Split-Up Plan Exposes Accounting-Firm Rift 
 

Two rivals of Ernst & Young say they are not going along with its idea to divide auditing and consulting businesses.

 
Twitter Reaches Deal to Keep Silver Lake's Egon Durban on Board 
 

He tendered his resignation after failing to win shareholder support over concerns he sat on too many boards.

 
Rivian Is Shaking Up Management. Its Production Plans Matter More. 
 

One Rivian manufacturing executive is leaving as another arrives. Shares are up.

 
Enfamil Maker Shops Baby-Formula Unit Amid Shortage 
 

Reckitt Benckiser is pushing ahead with a multibillion-dollar sale of its infant-formula business as severe shortages scramble the key U.S. market.

 
Coinbase Leaders Net $1.2 Billion in Share Sales 
 

The haul taken by two co-founders and two executives contrasts with the sharp decline in the shares since they became available to the public last year.

 
The Activist Investor Behind SeaWorld's Sea Change 
 

The once-beleaguered theme-park company's largest shareholder and chairman, Scott Ross, has turned things around-sometimes using a blunt approach.

 
'Top Gun: Maverick' Loses Chinese Investor 
 

Tencent Holdings pulled out of financing the film over concerns that Chinese officials would be angry about its affiliation with a movie celebrating the American military.

 
Uber and Lyft's New Road: Fewer Drivers, Thrifty Riders and Jittery Investors 
 

The companies are cutting costs, bringing back cheaper rides and looking for new ways to woo drivers.

 
WeWork Names Third CFO in Less Than Three Years 
 

The co-working space operator is still recovering from the pandemic.

 
Alibaba's Earnings Beat Expectations, But a Tougher Quarter Begins 
 

Alibaba Group Holding Ltd.'s fresh earnings beat offered some relief to the beleaguered company's investors, but mounting pressures in the new quarter will make that performance hard to repeat, analysts say.

(END) Dow Jones Newswires

May 27, 2022 13:15 ET (17:15 GMT)

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