Tyson Sales Up 8% on Higher Chicken Prices

Profit for the maker of Jimmy Dean sausage and Ball Park hot dogs was flat from a year ago amid rising costs for wages, animal feed and transportation.

 
Pfizer Agrees to $5.4 Billion Deal for Global Blood Therapeutics

Pfizer has agreed to buy Global Blood Therapeutics for $5.4 billion, a deal that will give the big drugmaker a foothold in the treatment of sickle-cell disease.

 
SoftBank Reports Record $23 Billion Quarterly Loss

The Japanese technology investor suffered losses after holdings such as Uber and DoorDash lost value.

 
Lyft Creates Media Division to Expand Its Advertising Services

Through its Lyft Media unit, the ride-hailing company plans to offer more ads inside cars, on its app and at bike-share stations.

 
World's Biggest Miner Rebuffed on $5.8 Billion Copper Play

Copper miner Oz Minerals rejected a takeover approach by BHP Group, which is seeking to boost its output of a metal needed for electric vehicles, wind turbines and solar farms.

 
UPS to Buy Italian Healthcare-Logistics Provider Bomi Group

The acquisition would broaden the Atlanta-based transportation giant's operations in Europe and Latin America.

 
CVS Plans to Bid for Signify Health

CVS is seeking to buy Signify Health, according to people familiar with the matter, as the drugstore and insurance giant looks to expand in home-health services.

 
Carlyle Chief Executive to Step Down

Private-equity firm says Kewsong Lee will step down as CEO immediately and leave the firm at the end of this year.

 
Two Chinese Cities Approve Baidu's Unmanned Self-Driving Taxis

China, seeking to catch up to the U.S. in autonomous driving cars, has been increasingly active in setting up regulations that allow such vehicles on public roads.

 
Ad Slowdown Spreads Beyond Tech to TV Networks, Publishers

The advertising outlook has become increasingly dim in recent weeks amid signs that rising inflation is beginning to affect consumer spending.

(END) Dow Jones Newswires

August 08, 2022 09:00 ET (13:00 GMT)

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