Facebook Takes Down a Network of Accounts Tied to Roger Stone

Facebook said it had removed a network of more than 100 pages and accounts linked to Roger Stone, the longtime confidant of President Trump, because it violated company rules against coordinated inauthentic behavior. 


 
Amazon Settles Allegations of U.S. Sanctions Violations

The e-commerce giant's screening system allegedly failed to flag transactions with blacklisted customers. 


 
IBM Acquiring Software-Bot Maker WDG Automation

WDG Automation's software, which features artificial-intelligence capabilities, enables businesses to automate workplace tasks. The company, based in São José do Rio Preto, Brazil, has more than 600 prebuilt robotic process automation functions. 


 
GM's Suit Against Rival Fiat Chrysler Quashed by Federal Judge

In a lawsuit, GM had accused its rival auto maker of bribing union officials to gain an advantage on its labor costs. 


 
Rolls-Royce Sees Improvement Ahead

Rolls-Royce said its civil aerospace business had suffered a significant fall in demand during the first half, but expects an improvement going forward, with free cash outflow of around GBP4 billion. 


 
SAP Says Conditions Improving

SAP said business activity "gradually improved" in its second quarter after it reported software licenses revenue, while still below normal levels, recovered more than expected. 


 
Talking Markets: Boohoo's Slide Highlights Danger of Reputational Damage

EXCLUSIVE ANALYSIS: The steep decline in Boohoo's shares following reports of alleged poor working conditions at its suppliers highlights investors' increasing scrutiny of companies that neglect environmental, social and governance factors--or ESG--and the potential risks from such reputational damage. 


 
Wirecard Under Criminal Scrutiny in Probe of Alleged Bank Fraud

The Justice Department is examining whether scandal-plagued German payment company Wirecard played a critical role in an alleged $100 million bank-fraud conspiracy connected to an online marijuana marketplace, according to people familiar with the investigation. 


 
Rio Tinto to Close New Zealand Smelter

Rio Tinto is closing its sole aluminum smelter in New Zealand by August next year, causing the loss of about 2,600 jobs, after a review found it wasn't financially viable. 


 
An Airport Stock Up About 500% in 2020? Why Not, Say Investors

The Covid-19 pandemic may have grounded many flights, but shares of Hong Kong-listed Hainan Meilan International Airport are soaring.