News Highlights: Top Company News of the Day
October 04 2022 - 7:15AM
Dow Jones News
Long-Duration Battery Startup Form Energy Raises $450 Million
Form Energy is accelerating development of iron-air batteries
that could store clean power for several days following the
Inflation Reduction Act.
Bayer Hits Courtroom Winning Streak as It Battles Remaining Roundup Lawsuits
Bayer recently won five consecutive cases over its Roundup
weedkiller, a change after several juries had held it responsible
for causing cancer and the company set aside about $16 billion for
settlements.
H&M, Zara's Owner Stick With 'Made In Myanmar' After Coup, but Some Brands Exit
Western retailers are increasingly divided over whether to buy
clothes made in Myanmar, where some say labor abuses have worsened
under military rule.
Why Everyone Is Suddenly Slamming Energy Drinks
A new wave of drinks promise better taste and less sugar than
older varieties, though doctors still warn against drinking too
much.
Who's Operating Your Flight? Air Travel Is Getting More Complicated
Travelers should know the pitfalls of flight partnerships as
they become more common-especially when there is a delay or
cancellation.
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
(END) Dow Jones Newswires
October 04, 2022 07:00 ET (11:00 GMT)
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