Oil Giants Must Face Climate-Liability Suits in States, Appeals Court Rules 

In a setback for companies such as Exxon, Chevron and Shell, the decision is the sixth this year to find that climate lawsuits should play out in state, not federal courts.

Amazon Seeks Top Film Executive Amid Expansion of Entertainment Arm 

Amazon Studios has held talks with Scott Stuber, the studio head at Netflix, which is displaying fresh vulnerabilities as its subscriber numbers decline.

CVS, Walgreens and Walmart Ordered to Pay $650 Million to Ohio Counties in Opioid Case 

A jury last year found the companies owning CVS, Walgreens and Walmart pharmacies were liable for contributing to the opioid epidemic in Lake and Trumbull counties.

Cisco Reports Solid Earnings. The Stock Is Jumping. 

Networking and security products company Cisco Systems reported strong fiscal-fourth-quarter earnings and provided an upbeat outlook.

Dodge Pitches Muscle-Car Fans on EVs 

The 122-year-old brand revealed a new concept car and plans to sell its first fully electric performance model in 2024, replacing the Challenger and Charger, which are being discontinued after next year.

WWE's Board Finds Vince McMahon Paid $5 Million to Donald Trump's Charity 

The CEO's contributions to the Donald J. Trump Foundation coincided with the real-estate developer's appearances at a WrestleMania event and on 'WWE Raw.'

Moderna Names New CFO After Hasty Departure of Predecessor 

James Mock, CFO of PerkinElmer, will join the Covid-19 vaccine maker as finance chief in September.

Hottest Chip Maker Sees Cooling Ahead 

Analog Devices' unique business model has spared it from the chip slowdown so far, but its latest results include a warning sign.

Amazon Tests TikTok-Like Feed in App 

The tech giant is testing a feature in its app that would show users a TikTok-style photo and video feed of products for shoppers to share with other users.

ASX's Full-Year Profit Rises 5.7%, Reports High Listing Activity 

ASX Ltd. said its annual profit was 5.7% higher, while its operating revenue also increased amid a record number of capital-raisings.


(END) Dow Jones Newswires

August 18, 2022 05:41 ET (09:41 GMT)

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