Fisker Gets $3.5 Million in Funding From Short-Term Loan
Cash-strapped electric-vehicle-maker Fisker secured about $3.5 million in additional financing via notes due next month, the company said.
Airlines Fight Back Against Fee-Disclosure Rule
The Transportation Department says its rule, requiring added disclosure of baggage and flight-change fees, helps consumers avoid overpaying for surprise charges.
Kraft Heinz Explores Sale of Oscar Mayer
The famed hot-dog business could fetch between $3 billion and $5 billion.
Fund Manager Bill Hwang's Archegos Was a 'House of Cards,' Prosecutor Tells Jury
Hwang, on trial for fraud and racketeering related to his firm's meltdown, maintains his trading practices were lawful.
Squarespace Intends to Go Private in $6.6 Billion Permira Takeover
The website-development company said its shareholders will receive $44 a share in cash, a 15% premium to Friday's closing price.
OpenAI Launches Voice Assistant Inspired by Hollywood Vision of AI
The function is part of a faster, more capable version of the company's flagship artificial-intelligence model.
Anglo Rejects BHP's Fresh $43 Billion Bid
The approach by the Australian mining company shows an eagerness to boost exposure to copper at a time when demand for the metal is expected to rise.
Intel Nears Deal With Apollo for $11 Billion Ireland Partnership
The investment firm is in exclusive talks to supply the chip giant with cash for a new plant.
Country Garden Avoids Further Default With Payments on Onshore Bonds
Chinese property developer Country Garden made payments on two onshore bonds within a grace period, avoiding default days after the company had said it might turn to a state guarantor for help.
Temu Cools on the U.S. After Shelling Out Billions
The Chinese-owned bargain app is looking to reduce its reliance on American shoppers as growth slows and scrutiny of TikTok grows.
(END) Dow Jones Newswires
05-13-24 1715ET
