Warner Music Shares Surge in Market Debut
Shares of the music company rose more than 15% following its trading debut on the Nasdaq Stock Market, a sale that marked the largest U.S. initial public offering of the year so far.
Chicken Industry Executives Indicted on Price-Fixing Charges
The CEO of one of the country's biggest chicken producers and three other industry executives were indicted for allegedly conspiring to fix prices on chickens sold to restaurants and grocery stores, the Justice Department's first charges in a continuing criminal antitrust probe.
HSBC Throws Support Behind China on Hong Kong Security Law
A top HSBC executive signed a petition supporting China's move to impose security legislation on Hong Kong, putting the bank squarely on the side of Beijing in the fight over the future of the territory.
AMC Theater Chain Raises Doubt on Ability to Stay in Business
AMC Entertainment Holdings said its ability to stay in business is in jeopardy if it can't raise enough cash to fund operations during the prolonged closure of its theaters due to the coronavirus pandemic.
Looking for Good Deal on a New Car? It's Probably Too Late
As the U.S. auto business restarts, car buyers returning to showrooms are likely to confront a frustrating reality: slimmer pickings and fewer deals on the new-car lot.
Campbell's Sales Rise on Coronavirus Buying
Campbell Soup raised earnings expectations for its fiscal year after demand skyrocketed for its soup and snacks during the coronavirus pandemic.
LVMH Has Reasons to Get Cold Feet Over Tiffany
It is understandable if Europe's richest man, Bernard Arnault, is feeling buyer's remorse over last year's $16.2 billion offer for Tiffany & Co. The pandemic has pushed out his prospects for getting value from the deal.
Most U.S. Firms in Hong Kong Say Chinese Law Will Hurt Business
The vast majority of U.S. firms in Hong Kong are worried about China's new national-security laws for the city, according to a new survey that highlights rising concerns among executives in the global financial hub.
Huawei Risks Tougher Line From Britain After Latest U.S. Offensive
New U.S. restrictions imposed on China's Huawei have prompted British officials to consider steering telecom carriers away from its gear, according to people familiar with the matter-providing fresh momentum to Washington's anti-Huawei campaign.
Pinterest Accelerates Tech Projects as Pandemic Boosts User Engagement
The image-sharing site has accelerated some technology initiatives in recent weeks in response to changing user behavior in the wake of the coronavirus pandemic, said Jeremy King, senior vice president of technology.
