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Corporate/Industrial News
Chinese State-Owned Enterprises Are Hong Kong’s Hottest Stocks
Markets Telecom stocks that were booted off American exchanges have staged a strong rally Source link
More Junk-Rated Companies Are Facing Credit Downgrades and Defaults
CFO Journal U.S. businesses with lower credit ratings or significant leverage are increasingly struggling with steep increases to debt-servicing costs Source link
Amazon’s Roomba Deal Keeps Getting Messier
Markets Heard on the Street Roomba maker’s stock has shed entire deal premium as regulatory scrutiny builds Source link
TikTok Parent ByteDance Battles Meta for Virtual-Reality App Developers
TikTok parent ByteDance Ltd. is offering to pay developers who have made virtual-reality software for Meta Platforms Inc. to bring their apps to its own
IBM Explores Sale of Weather Business
WSJ News Exclusive Deals Weather.com owner could fetch more than $1 billion in a sale Source link
Stocks Close Lower After Fed Minutes
Markets U.S. Markets Earlier in the day, inflation data showed easing price increases Source link
In This Worker vs. Bot Battle, Humans Are Winning by a Mile
Artificial intelligence can’t close sales as well as people, but that could change. Source link
Maker of Purell Hand Sanitizer Seeks Buyer
Gojo Industries hired JPMorgan to explore options. Source link
Walmart Closing Four Stores in Chicago, Citing Years of Losses
The country’s largest retailer by revenue signals some pullback from large cities. Source link
Judge Blasts Fox News Over Evidence Disclosures in Defamation Case
Business Media & Marketing In final pretrial proceedings, judge allows new depositions of Fox News witnesses and says he likely will investigate network’s litigation conduct