SEC Sues Coinbase in Latest Move Against Crypto 

The regulator said the U.S.'s largest crypto platform violated rules that require it to register as an exchange.

Merck Challenges U.S. Government's New Powers to Negotiate Drug Prices 

The drugmaker filed a lawsuit saying Medicare's drug-price negotiation program violates the company's constitutional rights.

Microsoft Settles Charges Over Data Collection on Kids Using Xbox 

Company agrees to pay $20 million and bolster privacy protections for child gamers.

PGA Tour, LIV Golf Agree to Merge 

The PGA Tour and LIV Golf have agreed to a stunning merger that ends the divide that has dominated the sport for the last year.

Apple's Vision Pro Joins Crowd Trying to Make Headsets the Next Big Thing 

Apple's new $3,499 headset will compete against less expensive offerings from Meta and ByteDance.

RV-Maker Thor Says Sales Picking Up Amid Discounts 

Company executives remain cautious as rising interest rates and inflation weigh on consumers and discretionary spending.

Cracker Barrel Hit by Dining Decline. The Stock Falls as It Misses on Earnings. 

The restaurant chain missed analysts' expectations for its third quarter. Guidance for the next three months also disappointed the Street.

Pirelli's Italian CEO Seeks to Curb China's Grip on Tiremaker 

Marco Tronchetti Provera wants the Italian government to help him sideline a Chinese state-owned investor, warning that the company's independence is at stake.

Hong Kong's Legal Bid to Ban Protest Song Challenges Google 

Officials are seeking a court order to block online dissemination of a popular pro-democracy anthem, in the first major test for U.S. tech platforms over politically sensitive content.

Subway Is for Sale-Who Wants to Be a Hero? 

The home of the $5 footlong and largest U.S. restaurant chain by locations needs to find an alluring price for selling itself to private equity.


(END) Dow Jones Newswires

June 06, 2023 13:00 ET (17:00 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.