SoftBank Explores Sale or IPO for Chip Designer Arm Holdings 

The Japanese conglomerate, which bought Arm for $32 billion in 2016, is considering a full or partial sale of the British chip designer, or an initial public offering.

Ford Reveals New Bronco After 24 Years Off the Market 

Ford dealers have been asking the company for years to make a rugged off-road vehicle to compete with Jeep's Wrangler. Finally, they're getting one.

Tesla Is Now Bigger Than Bank of America and American Express Combined 

Tesla's shares are in the midst of a head-spinning rally that has made the electric-car maker more valuable than many of the titans of American industry.

Bridgewater Loses Claims It Brought Against Ex-Employees 

The firm lost an arbitration dispute with two former investment staffers who started their own hedge fund, a rare setback for Bridgewater that could hamper its ability to limit ex-employees' options after they leave.

Billboard Charts to Stop Tallying Music Sold With T-Shirts, Tickets 

The magazine said its music charts will no longer count albums or singles sold in bundles with concert tickets, T-shirts or other memorabilia, a move designed to make the rankings better reflect fans' listening habits.

Disney Closing Hong Kong Property as Government Looks to Halt Virus 

The entertainment company said it would again close the Hong Kong Disneyland theme park, less than a month after it reopened, amid an increase of new coronavirus cases in the city.

Russia's Norilsk Nickel Involved in New Arctic Fuel Spill 

Authorities in Russia's Arctic region declared a local state of emergency following the leak of aviation fuel into nearby reservoirs just weeks after a catastrophic diesel spill in the same region.

Jefferies Names Barclays Executive as New Finance Chief 

The former CFO of Jefferies, Peg Broadbent, died from complications related to Covid-19-the disease caused by the novel coronavirus-in late March.

Sirius to Buy Scripps Podcast Unit for at Least $265 Million 

The satellite-radio giant said the addition of Stitcher would enable it to reach more than 150 million listeners.

London Banks Urged to Pay Reparations for Links to Slavery 

The Black Lives Matter movement is reinvigorating a yearslong campaign to push some of London's oldest financial institutions to pay reparations to the descendants of slaves.


(END) Dow Jones Newswires

July 13, 2020 21:00 ET (01:00 GMT)

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