J&J Used Lenient Bankruptcy Rules to Push Talc Liabilities to Charlotte 

Johnson & Johnson used the lenient venue-selection rules of U.S. bankruptcy law to push tens of thousands of talc-related cancer claims to its bankruptcy court of choice, roughly 600 miles south of the company's New Jersey headquarters.

Microsoft Xbox Chief Sees Game-Buying Spree Continuing 

Phil Spencer, Microsoft's executive vice president of gaming, said the company is taking a long-term approach to adding teams to its gaming portfolio.

Chip-Designer Arm Sees Chip Shortage Lasting Through Next Year 

CEO Simon Segars voices optimism that the deal to be acquired by Nvidia will go through.

BHP Iron Ore, Copper Output Falls 

BHP Group produced less iron ore, copper and steelmaking coal in its first fiscal quarter mostly because of planned maintenance work at its operations.

Springer Replaces Bild Editor 

The dismissal comes days before the German publisher is due to complete its acquisition of Politico.

German Fintech N26 Again Draws Regulatory Scrutiny 

The startup bank, newly valued at $9 billion, must temporarily limit new customer sign-ups while it improves its internal controls.

Reddit Seeks More Individual Investors for Share Offering 

'I want our users to be shareholders, and I want our shareholders to be users,' CEO Steve Huffman said of the platform's plans to go public, adding that market changes have improved small investors' access to new offerings.

'CoComelon' Owner Moonbug Weighs Sale, IPO 

The company behind the hit children's show "CoComelon" is looking to cash in on its popularity by either selling itself or going public.

Rent the Runway Targets Valuation of Up to $1.5 Billion in IPO 

The company's IPO would cap a comeback for the clothing-rental business.

ViacomCBS CEO Calls Uproar Over Content Inevitable Amid Chappelle Outcry 

Bob Bakish appeared at The Wall Street Journal's Tech Live conference, discussing ViacomCBS's streaming strategy and its posture on mergers.


(END) Dow Jones Newswires

October 18, 2021 23:15 ET (03:15 GMT)

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