GM's Efforts to Revive Lawsuit Against Fiat Chrysler Denied
A federal court judge denied a motion by General Motors to revive its civil-racketeering lawsuit against Fiat Chrysler Automobiles.
Amazon Faces Antitrust Probe in Canada
Canada's antitrust watchdog has launched a civil investigation into Amazon.com's conduct in the domestic marketplace and whether it is impacting consumers and companies operating in the country.
Novavax, J&J Ink Covid-19 Vaccine Deals With U.K.
Novavax Inc. and Johnson & Johnson said Friday they have agreed to provide tens of millions of doses of their experimental coronavirus vaccines to the U.K. for undisclosed sums, as countries move to secure supplies of the shots.
'Fortnite' Kicked Off Apple and Google App Stores
Apple and Google yanked "Fortnite," one of the world's most popular videogames, from their app stores in an escalating battle over the fees they charge developers to distribute their software and process in-app purchases.
Senators Ask FTC to Investigate TikTok Data Collection
Two U.S. senators have asked the Federal Trade Commission to investigate TikTok's data collection practices after a Wall Street Journal article showed that the company covertly collected data on millions of users through a method that appeared to violate Google's policies.
A Chinese Netflix Faces SEC Probe After Short-Seller Report
China's iQiyi, a Netflix-like video-streaming company, said it was under investigation by the U.S. Securities and Exchange Commission, sending its shares plunging 12% in after-hours trading.
Hapag-Lloyd Sticks to Forecast
Hapag-Lloyd posted a rise in second quarter underlying profit to EUR352 million, despite lower revenues, and said its forecast for the year remains unchanged.
Losses by Angeles Equity Partners Fund Raise Investor Questions
A commissioner of a Los Angeles pension plan is looking for answers regarding early losses produced by Angeles Equity Partners, a lower midmarket private-equity firm in its emerging manager program.
Cibolo Energy Marks Halfway Point in Investing Debut Credit Fund
Cibolo Energy Partners has invested about half of its first energy-credit fund and expects deal flow to accelerate as low oil prices and a decline in bank lending increase the need for capital in the oil and natural gas industry.
Citigroup Pays Revlon Lenders Nearly $900 Million by Mistake
The bank paid nearly $900 million by mistake to Revlon lenders and is asking for the money to be returned, according to people familiar with the matter.
