Lyft Achieves Earnings Milestone 

The ride-hailing company's adjusted profit excluding certain costs was on the positive side in the second quarter as demand for its services snapped back.

Spirit, American Airlines Cancel and Delay Flights a Third Day 

Spirit Airlines canceled over half its flights as the airline continues to grapple with an operational meltdown that has thrown its operation into disarray.

Boeing Starliner Launch Delayed by Propulsion Problem 

NASA released a statement about the delay roughly two hours before the expected launch on Tuesday, and said the next opportunity to launch the Starliner from Cape Canaveral is on Wednesday.

PepsiCo to Sell Tropicana, Naked Juice Brands 

The snacks-and-beverage company plans to sell Tropicana and other juice brands to private-equity firm PAI Partners in a deal valued at roughly $4.5 billion.

Lumen Technologies to Sell U.S. Telecom Assets to Apollo for $7.5 Billion 

The investment giant will carve out some of Lumen's so-called incumbent local exchange carrier assets, a collection of telephone and broadband infrastructure that covers 6 million residential and business customers across 20 states.

UAW, Car Companies to Require Masks Regardless of Vaccination Status 

GM, Ford and Jeep-maker Stellantis reinstated mask mandates at all factories, offices and warehouses, while Microsoft said it will require proof of vaccination at its facilities.

Activision Replaces Blizzard Head as It Faces Gender-Bias Lawsuit 

A California agency accused executive J. Allen Brack and others at the company of failing to respond to employee complaints of harassment, discrimination and retaliation.

Tyson Foods to Require Vaccines for All U.S. Workers 

The meat giant's decision drew pushback from some union leaders, signaling tensions between management and workers over stepped-up efforts to guard against more contagious variants of Covid-19.

Robinhood's Stock Jumps, Reversing Faltering IPO Debut 

Shares of the popular trading app rose to $46.80 on Tuesday, up from the IPO price of $38.

Facebook Acquisition Review Shows EU's New Antitrust Power 

The company has hit a new obstacle in Europe for its planned takeover of a New York-based startup, showing how antitrust muscle-flexing is increasingly affecting deals an ocean away.


(END) Dow Jones Newswires

August 03, 2021 17:15 ET (21:15 GMT)

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