VW Prices Porsche IPO at Top of Range 

Porsche's offering values the luxury car maker at about $73 billion, ranking it among the world's biggest ahead of German rival Mercedes-Benz.

Chevron Sells Global Headquarters in California Amid Texas Expansion 

The oil company closed the sale of its Chevron Park campus in San Ramon, Calif., its global headquarters for two decades, and plans to move into a nearby leased space about one-third of the size.

Tesla Adds Airbnb Co-Founder Joe Gebbia to Board of Directors 

The addition brings the electric-vehicle maker's board size back to eight seats.

Tyson Overhauls Management as Meat Giant's Profits Are Pressured 

As beef profit margins come off high levels, Tyson changes executives heading finance, prepared foods and international operations.

Smith & Wesson Sued by Families of Highland Park Shooting Victims 

The civil lawsuits also name a gun retailer, gun dealer, the accused shooter and his father

Amazon Raises Pay for Hourly Employees as It Prepares for Holidays 

Average starting pay for warehouse employees to increase from $18 to $19 an hour.

Next Lowers Guidance on Economic Outlook 

Next cut its full-year profit target to GBP840 million, warning that August trade was below its expectations and although it improved in September, cost-of-living pressures set to rise in the coming months.

H&M to Cut Costs as Russia Exit Hits Profits 

H&M said it will look to cut costs of around SEK2 billion after net profit in the third quarter fell sharply after the retailer booked a one-time cost related to the winding down of its Russian operations.

Chinese EV Maker Leapmotor Skids in Hong Kong Debut 

Shares of Chinese electric-car maker Zhejiang Leapmotor Technology slumped in their Hong Kong debut during a tough time for public offerings.

Onewo Makes Weak Hong Kong Debut 

Shares of property-services provider Onewo Inc. opened lower on debut in Hong Kong, failing to give an initial pop, as investor sentiment remained cautious in an uncertain market.


(END) Dow Jones Newswires

September 29, 2022 03:15 ET (07:15 GMT)

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