Tesla Failed to Oversee Elon Musk's Tweets, SEC Argued in Letters
Securities regulators told Tesla last year that CEO Elon Musk's use of Twitter had twice violated a court-ordered policy requiring his tweets to be preapproved by company lawyers.
Meat Buyers Scramble After Cyberattack Hobbles JBS
Some of the biggest U.S. meat-processing plants curtailed operations after the attack, potentially delaying business with meat buyers, cattle feedlots and other suppliers.
Project44 Taps Goldman, China's Sovereign-Wealth Fund
Supply-chain technology provider Project44 has raised $202 million in a financing led by funds managed by Goldman Sachs Asset Management and Emergence Capital Partners.
Zoom Reports Customer Growth in Latest Quarter, Raises Expectation
The number of customers with more than 10 employees reached about 497,000 in the latest period.
HP Enterprise Earnings Top Estimates, Sees First-Ever Double-Digit Sales Growth
For the quarter, Hewlett Packard Enterprise posted revenue of $6.7 billion, up 11% from a year earlier and ahead of the Street consensus forecast of $6.6 billion.
AMC Soars as Company Sells $230 Million in Stock to Hedge Fund
Mudrick Capital quickly unloaded at a profit 8.5 million shares it purchased under the deal with the movie-theater chain.
Robinhood Adds New Board Members to Advance IPO Push
Appointments include former World Bank chief Robert Zoellick and its first female director, PricewaterhouseCoopers partner Paula Loop.
Supreme Court Won't Consider Johnson & Johnson Challenge to Baby Powder Judgment
The court declined to consider the company's appeal challenging a $2.1 billion civil judgment awarded to 20 women who alleged the company's talcum baby powder caused ovarian cancer.
'Warner Bros. Discovery' Will Be Name of Company Formed in Merger
Discovery CEO David Zaslav, who will run the company created by the deal to acquire AT&T's media assets, announces the name during town hall meeting with staffers.
Elon Musk's Starlink Could Get Boost From German Subsidies
Germany could become the first large nation to subsidize use of consumer satellite internet services such as that offered by Elon Musk's Starlink.
(END) Dow Jones Newswires
06-01-21 2115ET
