Federal Regulators Seek Answers About Tesla's Autopilot 

NHTSA is investigating car maker's driver-assistance technology

Rivian Drops Cheapest Versions of Its Electric Truck and SUV Models 

Electric-vehicle startup Rivian Automotive Inc. is discontinuing the least-expensive versions of its pickup truck and SUV models, citing low customer demand.

Wayfair to Lay Off Nearly 900 Workers 

The Boston-based furniture and home-goods company said it expects the cuts to cost between $30 million and $40 million.

Deere's Profit Hit From Higher Costs and Delayed Parts Deliveries 

The farm-equipment supplier cut its forecast as supply-chain problems and rising expenses put pressure on profit margins.

Britishvolt Slashes Valuation Target as CEO Exits 

The Glencore-backed electric-vehicle battery maker hopes to raise funds to build a lithium-ion battery plant in northern England.

Tesla Seeks Chinese Government Support for Its Suppliers Amid Power Cuts 

China's Sichuan province has ordered factories to scale back production in recent days amid electricity rationing, impacting the automotive industry.

Regal Cinemas Owner Cineworld Prepares for Bankruptcy Filing 

Theater admissions aren't recovering fast enough for the world's second-largest cinema chain to avert insolvency.

GM Reinstates Quarterly Dividend Suspended Since Start of Pandemic 

Executives say progress on key initiatives gave the company confidence to reinstate the quarterly dividend and resume share repurchases.

For Bed Bath & Beyond, Investor's Sale Adds to Problems 

Ryan Cohen's unloading of his 10% stake adds to the uncertainty at a retailer that is bleeding customers and cash.

Foot Locker Names Mary Dillon as Next CEO 

The former Ulta boss is taking the helm of the athletic-goods chain as it tries to shift out of shopping malls and lessen its dependence on Nike.


(END) Dow Jones Newswires

August 19, 2022 13:00 ET (17:00 GMT)

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