China's GigaCloud Goes Public in U.S., Bucking Delisting Trend 
 

The e-commerce company generates all of its revenue outside of China and says it is prepared to switch auditors if needed to satisfy U.S. regulatory requirements.

 
Cohen Sells Stake in Bed Bath & Beyond, Pressuring Shares 
 

Billionaire investor Ryan Cohen cashed out his entire position in Bed Bath & Beyond this week, roughly five months after taking a major stake in the company and advocating for changes.

 
TPG Telecom Raises Dividend After Profit More Than Doubles 
 

UPDATED: The Australian telecommunications provider reported a first-half net profit of $115.5 million amid a rise in mobile subscribers and lifted its dividend to A$0.09.

 
AGL Energy Returns to Full-Year Profit 
 

AGL Energy Ltd. returned to profit at the end of a year marked by unplanned outages at several power plants and the collapse of a plan to break into two entities.

 
Toyota Executive Warns EVs Face Obstacles to Wider Adoption 
 

Jack Hollis, executive vice president of sales at Toyota Motor North America, says high prices and a lack of charging stations are likely to deter potential electric-vehicle buyers.

 
Lloyd's to Exclude Catastrophic Nation-Backed Cyberattacks From Coverage 
 

Lloyd's of London will require its insurer groups globally to exclude catastrophic state-backed hacks from stand-alone cyber insurance policies starting next year.

 
Kohl's Posts Drop in Quarterly Earnings and Sales 
 

The department-store chain plans to bring Sephora beauty shops to all of its more than 1,100 stores.

 
Inflation Bigger Headwind for Travel Recovery, Auckland Airport CEO Says 
 

High inflation is a bigger downside risk for the recovery in global travel than the capacity constraints currently faced by airlines, the chief executive of Auckland International Airport says.

 
Brian Stelter to Leave CNN After Cancellation of 'Reliable Sources' 
 

The network's chief media correspondent and anchor had hosted the show since 2013.

 
Streaming Tops Cable-TV Viewing for the First Time 
 

Americans spent more of their TV-viewing time streaming content on services like Netflix, YouTube and HBO Max than they did watching cable TV, according to Nielsen.

(END) Dow Jones Newswires

August 18, 2022 23:15 ET (03:15 GMT)

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