JD.com's Property and Industrial Units Seek About $1 Billion Each in Hong Kong IPOs 
 

The Chinese e-commerce giant said it plans to spin off the two businesses through separate listings.

 
Pro Take: Retail Investors Flee Bed Bath & Beyond When It Needs Them Most 
 

Individual shareholders question whether the troubled retailer can support a capital raise many times larger than its current market value.

 
Ford Raises Price Again on Electric F-150 Lightning Truck 
 

Auto maker has resumed full production of the truck after addressing a battery issue.

 
Virgin Orbit to Cut Workforce by 85% 
 

The satellite-launch company is cutting expenses after failing to secure meaningful funding.

 
Merdeka Battery Materials on Track to Price IPO at Top of Range 
 

Nickel miner Merdeka Battery Materials is likely to price its initial public offering at the top of its guided range, putting it on track to raise about $581 million in what would be Indonesia's third-largest listing this year.

 
Fed, Treasury Fine Wells Fargo for Sanctions Violations 
 

The $97.8 million fine is for violating U.S. sanctions by allowing a foreign bank to make prohibited transactions.

 
Wall Street Bonuses Fall by Most Since 2008 
 

The average bonus was $176,000 last year, down 26% from 2021.

 
FTX Founder Sam Bankman-Fried Denies New Charges 
 

A lawyer also said he plans to challenge the new criminal counts, arguing they violate the terms of the former chief executive's extradition.

 
Jack Ma Engineered Alibaba's Breakup From Overseas 
 

The Chinese billionaire used his influence within Alibaba Group, the e-commerce empire he built, to orchestrate its breakup plans, people familiar with the matter said.

 
TikTok Needed Help in Washington. It Hired Former Obama, Disney Advisers. 
 

Zenia Mucha, Jim Messina and David Plouffe were brought on to advise the video app's CEO on handling U.S. criticism over its China ties.

(END) Dow Jones Newswires

March 31, 2023 07:00 ET (11:00 GMT)

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