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Corporate/Industrial News
Subway Sale Process Heats Up as Bidders Head to Second Round
More than 10 possible suitors, including some big names in private equity, are conducting due diligence. Source link
Gold Prices Near Record as Investors Bet Inflation Is Here to Stay
Lower Treasury yields and a weaker dollar have also boosted the precious metal. Source link
Delta Reports Quarterly Loss, Projects Strong Summertime Travel
Business Earnings Airlines say travel appetite is holding up despite worries about inflation, layoffs Source link
Google Asks Judge to End DOJ Antitrust Case
Tech District judge hears arguments in landmark case over search-engine dominance Source link
Fast EV Chargers to Nearly Double on U.S. Highways Under Expansion Plan
WSJ News Exclusive Markets Italy’s Enel expects to add at least two million chargers, including home systems, in North America by the end of the
Russia Ordered to Pay Ukraine's Naftogaz $5 Billion for Assets Seized in Crimea
The award by a Hague-based arbitration court is likely to trigger a long process by Ukraine and the gas company to recover Russian assets abroad.
Amazon CEO Andy Jassy Commits to Cost-Cutting, Tech Investments in Shareholder Letter
Amazon.com faced one of its “harder macroeconomic years in recent memory,” Chief Executive Andy Jassy said in a letter to shareholders. Source link
LVMH's Paris Headquarters Stormed by Protesters
The nationwide protest movement against President Emmanuel Macron’s pension overhaul morphed into a populist rebuke of France’s establishment. Source link
Supplier Prices Fell in March
The producer-price index, which generally reflects supply conditions across the economy, fell 0.5% in March from the prior month. Source link
Cities Sue Hyundai, Kia After Wave of Car Thefts
Business Autos & Transportation Autos Industry Auto makers haven’t done enough to make the cars harder to steal, cities say Source link