Shopping Online Is Getting More Expensive 

FedEx will raise shipping rates at the fastest pace in nearly a decade, adding to pressure on retailers to pass costs to customers.

Shell to Sell Permian Assets to ConocoPhillips for $9.5 Billion 

The sale is one of the biggest recent transactions in the shale patch as large oil companies come under increasing pressure to diversify beyond fossil fuels.

APA Rivals Brookfield Bid for AusNet 

APA Group set a deadline of one week for AusNet Services Ltd. to allow due diligence access after saying it is willing to trump an existing takeover proposal made by Brookfield Asset Management.

Honeywell at Odds With Asbestos Trust Over Bankruptcy Deal 

Honeywell International is locked in a standoff over asbestos payments with a bankruptcy trust that has accused the industrial conglomerate of "bullying and extortionate tactics" to settle injury liabilities for less than full value.

SEC Is Investigating Activision Blizzard Over Workplace Practices, Disclosures 

Federal regulators have launched an investigation into Activision Blizzard, including how the videogame company handled employees' allegations of sexual misconduct and workplace discrimination.

GM to Replace Batteries in Recalled Chevy Bolts 

Dealerships are scheduled in mid-October to begin fixing Chevrolet Bolts that were recalled for fire risk, although many owners of the electric car likely will have to wait months.

Twitter to Pay $809.5 Million to Settle Securities Suit 

The consolidated class-action securities lawsuit alleged the social-media company deliberately misled investors about user engagement in 2015.

Fidelity Taps Joanna Rotenberg to Head $4 Trillion Personal-Investing Business 

The appointment of Ms. Rotenberg, who was at Canada's BMO Financial Group, comes amid wave of stock trading by individual investors.

AstraZeneca Breast Cancer Drug Found to Reduce Risk of Dying 

The drug maker said Enhertu significantly reduced the risk of death or disease progression in women with advanced disease in a large clinical trial, the latest sign that its push into oncology is starting to pay off.

Allianz Asset-Management Head in Talks to Depart 

Jacqueline Hunt is in talks to leave the company as it navigates a Justice Department probe into a group of investment funds that suffered steep losses last year.


(END) Dow Jones Newswires

September 20, 2021 23:15 ET (03:15 GMT)

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