Amazon to Launch New Grocery-Store Business 
 

Amazon is planning to open dozens of grocery stores in several major U.S. cities as the retail giant looks to broaden its reach in the food business beyond its specialty Whole Foods brand.

 
Lyft's IPO Filing Offers Look at Size, Scope of Ride-Hailing Company 
 

Lyft made its IPO documentation public, a move that fires the starting gun on what's expected to be one of the biggest years for tech IPOs ever.

 
Neiman Marcus Makes Progress in Debt-Restructuring Talks 
 

Neiman Marcus Group has made significant progress in reaching a deal with bondholders to extend its repayment deadline to 2023, the company said in regulatory filings Friday.

 
Foot Locker Posts Strong Sales 
 

Foot Locker reported strong sales for its latest quarter, helped by customers' willingness to shell out more for sneakers.

 
Versum Materials Rejects Merck's Bid 
 

Versum Materials said its board rejected German pharmaceutical and chemical company Merck's unsolicited takeover proposal and it plans to stick with its all-stock merger with Entegris.

 
EBay Plans Strategic Review of Assets 
 

EBay will review its operations and assets and add two directors, with a third new member to be added later in 2019, as part of agreements with affiliates of activist investors Elliott Management and Starboard Value.

 
Caesars to Replace Three Directors in Deal With Icahn 
 

Caesars Entertainment agreed to replace three members of its board as part of a pact with activist investor Carl Icahn, who is pushing to sell or merge the casino and resort operator.

 
Hedge Fund BlueMountain Nominates New Board for PG&E 
 

BlueMountain Capital Management, the hedge fund that wants to replace the board of directors at bankrupt California utility PG&E, said Friday that its 13 nominees include utility and California business executives and former heads of the Sept. 11 compensation fund and federal transportation boards.

 
Tesla Faces Record $920 Million Payment for Convertible Bond 
 

Tesla is scheduled to deliver its largest-ever bond payment Friday, a move that will likely use up nearly a quarter of its cash at a time when the company faces increasing scrutiny from regulators and investors.

 
Shell Says Netherlands Plans Criminal Charges Over Nigeria Deal 
 

Royal Dutch Shell is expected to face prosecution in the Netherlands on criminal charges related to a 2011 Nigerian oil deal, the company said, the latest twist in one of the oil industry's biggest bribery scandals.

(END) Dow Jones Newswires

March 01, 2019 13:15 ET (18:15 GMT)

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