Stanley Black & Decker CFO Looking for Partnerships With Battery, Chip Makers 

The company, which is best known for its power tools, is seeking electric battery and computer chip makers that would agree to supply components in return for an investment.

How Green Was My Tesla-and How Cheap? 

Auto makers need to ensure their electric vehicles are actually green. They also desperately need to bring down their cost. Pursuing both goals at once is hard.

CVS and Walgreens Were Reeling From Pandemic, but Fortunes Have Changed 

The drugstore chains say business generated by Covid-19 vaccinations is helping them recover from the pandemic's impact on costs and revenue last year.

Energy Department Seeks to Keep Grant-Backed Technology Jobs in U.S. 

"If the seed was planted here, the tree should grow here," said Energy Secretary Jennifer Granholm.

Tesco Sales Growth Slows in First Quarter 

Tesco's U.K. retail sales growth slowed to just 0.5% in the first quarter, as the boost from the coronavirus lockdowns began to fade, but the retailer maintained its profit outlook for the year.

U.S. FCC Proposes Fresh Ban on Equipment From Chinese Firms 

The Federal Communications Commission has proposed new rules that would prevent U.S. networks from using equipment made by Chinese companies deemed as national security threats, including Huawei and ZTE Corp.

Venture Capital's New Bet: Black Entrepreneurs 

Investors increasingly seek out diversity among company founders, leading to more support for Black-led funds and growing appetite to back startups led by people from groups that venture capital has historically overlooked.

Hospital Chain Got Help From Major Landlord as Losses Mounted 

Medical Properties Trust helps private-equity firms profit from hospital deals, but it is heavily exposed to struggling Steward Health Care.

Compass Agents Could Get Lost 

With many expecting the scorching hot real-estate market to slow late this summer, investors can expect to get a better sense of what they have been valuing: talent or technology.

Peloton Analyst Trades Endorphins for Anxiety 

The company's fortune favors the fundamentals rather than the bold, according to an analyst.


(END) Dow Jones Newswires

June 18, 2021 09:15 ET (13:15 GMT)

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