Robinhood Stock Sale Soured By Investor Confusion 

The trading platform's commitment to "democratizing" the IPO process may have played a role in the offering's big initial stumble Thursday.

Bezos' Blue Origin Rebuffed in Contract Protest 

A federal agency upheld the decision to make Elon Musk's SpaceX the sole winner of a contract to develop a moon lander for NASA.

Scarlett Johansson's Agent Rips Disney Over 'Black Widow' Dispute 

Creative Artists Agency has stepped into the fight between Scarlett Johansson and Walt Disney over financial fallout from the streaming release of "Black Widow," accusing the studio of attacking her character.

Walmart to Require Vaccines for Corporate Staff, Bring Back Face-Mask Rules for Stores 

The retail giant's move-for U.S. counties deemed at high risk of Covid-19 transmission-is another sign that federal guidelines issued earlier this week have wide business implications.

Big Oil Companies, Back in the Money, Keep Spending Tight 

Exxon and Chevron reported strong profits as some economies recover from the pandemic, but the oil giants, like their European counterparts, preach capital discipline.

Amazon Hit With Record EU Privacy Fine 

The fine, which Amazon disclosed Friday in a securities filing, was issued two weeks ago by Luxembourg's privacy regulator and accompanied by an order to revise certain business practices that Amazon didn't specify.

Colgate-Palmolive Profit Rises in 2Q 

Colgate-Palmolive Co. said Friday that profit rose in the second quarter, benefiting from a rise in revenue, but cost pressures are expected to continue into the second half of the year.

Procter & Gamble Warns of Higher Costs and Slower Sales 

The consumer goods company gave a somber outlook for the year ahead, predicting slower sales and historically high costs for raw materials and transportation as inflation picks up and the global health crisis continues.

Tesla Battery Catches Fire at Utility Storage Project in Australia 

The fire broke out where France's Neoen SA is installing 210 Tesla Megapacks as part of a 300-megawatt battery storage project.

Ontario Pension Fund, Goldman Sachs Agree to Buy Covid-19 Test Provider 

The deal to buy a majority stake in Germany-based Amedes, which provides medical-diagnostic services, is expected to close by the end of the year.


(END) Dow Jones Newswires

July 30, 2021 15:00 ET (19:00 GMT)

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