Samsung Kicks Advanced Chip-Making Race Into High Gear

The South Korean company's production targets for 2-nanometer processes and below are similar to those of dominant rival TSMC.

 
Cathie Wood's ARK Snaps Up Tesla After Stock Plunges on Deliveries Miss

Cathie Wood's ARK Innovation exchange-traded fund purchased 108,380 Tesla shares, while the ARK Next Generation Internet ETF bought 23,833 shares, according to a trade notification.

 
Poshmark to Sell Itself for Less Than Half Its IPO Price to Korea's Naver

The social shopping marketplace, which went public at $42, will be taken over for $17.90 a share. The transaction values Poshmark at about $1.6 billion.

 
Bed Bath & Beyond Creditors Organize Ahead of Bond Talks

Bed Bath & Beyond's bondholders are organizing, looking to protect their investments in the struggling retailer as it looks for ways to ease its debt during a slump in sales, according to people with knowledge of the matter.

 
Trump Files Defamation Suit Against CNN

Former President Donald Trump filed a defamation lawsuit Monday against CNN, accusing the network of a smear campaign against him

 
Nvidia Closing Offices in Russia

The chip maker says it can no longer operate effectively in the country due to recent events related to the invasion in Ukraine.

 
Concerns About Credit Suisse Mount After Debt Slide

Investors and analysts called on the Swiss banking giant to move faster with cost savings and fresh investor capital.

 
Rising Interest Rates Test Demand for Cars

More new cars and trucks are trickling into dealerships as supply-chain troubles ease, but rising rates are weighing on car buyers.

 
Supreme Court Agrees to Hear Challenges to Tech Immunity

Families of terrorism victims allege that Twitter, Facebook and YouTube bear responsibility for ISIS content on their sites.

 
BlackRock Names Martin Small as Next CFO

The financial giant said Mr. Small will succeed Gary Shedlin as its next finance chief, effective next year.

(END) Dow Jones Newswires

October 04, 2022 05:15 ET (09:15 GMT)

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