EU Lawmakers Approve Sweeping Digital Regulations 

European lawmakers approved two sweeping new pieces of digital regulation, paving the way for clashes between regulators and some of the world's biggest tech companies over how the rules should be applied.

Ford's U.S. Sales Increase 32% in June, Outpacing Broader Industry 

The auto maker's revenue benefited from pent-up demand, previously placed orders and a new all-electric truck that went on sale this spring.

Nexo Nears Deal to Buy Peter Thiel-Backed Lender Vauld 

Move comes after Vauld suspended withdrawals, disclosing that users had pulled almost $200 million over the past three weeks.

Distributors Not Liable for Opioid Crisis in West Virginia, Court Rules 

A federal judge found that the plaintiffs, Cabell County and the city of Huntington, didn't show that actions by McKesson, AmerisourceBergen and Cardinal Health caused the crisis.

Twitter Fights India's Order Compelling the Company to Block Some Tweets 

The legal move by the social-media company escalates a battle over online speech in the country of more than 1.3 billion people.

Germany to Bail Out Energy Suppliers as It Prepares for Bleak Winter 

The country paved the way for injecting billions of taxpayer money into embattled energy suppliers, as Berlin races for a stop to Russian natural-gas imports-a scenario many economists think would trigger a severe recession.

Scandinavian Airline SAS Files for Bankruptcy Protection 

The carrier has filed for bankruptcy protection in the U.S., saying a move by about 1,000 of its pilots to go on strike would worsen its already fraught finances.

Spotify Rival Deezer's Shares Fall in Trading Debut 

The French company's downbeat debut is a sign that there are limits to the investor appetite for music-streaming services, even as such offerings have grown to become a major source of revenue for the music industry.

CureVac Sues BioNTech Over mRNA and Covid Vaccines. Pfizer Stock Isn't Spared. 

CureVac says its intellectual property portfolio protects multiple inventions that are considered essential to Pfizer and BioNTech's Covid-19 vaccine.

Blackstone Bets on Global Tourism Boom With Australian Resort Deal 

As Covid-19 cases have fallen and international air travel has increased, some resorts are benefiting.


(END) Dow Jones Newswires

July 05, 2022 15:15 ET (19:15 GMT)

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