Bed Bath & Beyond CEO Exits as Sales Plunge 

Bed Bath & Beyond replaced Mark Tritton, as the home-goods retailer's sales plunged due to a mismatch between what its stores carry and what shoppers want.

Just Eat Says Grubhub Sale Still Possible as Shares Slide 

Shares of Just Eat N.V. hit an all-time low after the head of its U.S. division said a sale wasn't a definite outcome for the company's Grubhub online food business, which Just Eat is reviewing.

Chinese Lithium Giant Targets Up to $1.7 Billion in Hong Kong IPO 

Tianqi Lithium Corp., one of the largest producers of lithium compounds used in electric-vehicle batteries, said it plans to raise the equivalent of up to $1.7 billion in a Hong Kong initial public offering.

Crypto Hedge Fund Three Arrows Ordered to Liquidate by Court 

A British Virgin Islands court ordered the liquidation of the cryptocurrency hedge fund after creditors sued it for failure to repay debts.

General Mills Sales Climb 8% on Higher Prices 

The food maker plans additional price increases as inflation pushes costs up.

Unilever Sells Ben & Jerry's Business in Israel to Franchisee 

The move is an effort to end a controversy that has buffeted the company since last year, when the brand said it would stop selling its products in Jewish settlements located in the Israeli-occupied West Bank and contested East Jerusalem.

China Eases Regulatory Restraints on Two Tech Platforms 

China eases regulatory restraints on two online platforms-logistics platform Full Truck Alliance Co. and online recruitment firm Kanzhun Ltd.-signaling it is dialing back a regulatory campaign that hurt economic activity in the country's tech sector

FedEx's New Boss Faces Strategic Choice as Package Volumes Fall 

Investors want to see more efficient operations, while ground-delivery contractors are pressing for financial help.

Ford's Talk of New EV-Sale Rules Rattles Some Dealers 

Ford Motor is preparing new rules for how it sells electric vehicles, a shift that is concerning some dealers and seen as challenging the traditional franchise model.

Behind the Celsius Sales Pitch Was a Crypto Firm Built on Risk 

Celsius CEO Alex Mashinsky built his cryptocurrency lender on a pitch that it was better than a bank. But investor documents show it had far more risk than a traditional lender.


(END) Dow Jones Newswires

June 29, 2022 13:00 ET (17:00 GMT)

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