Etsy Chief Stands by Strategy of Competing With Amazon

Josh Silverman says revenue from recent fee increase would be used to attract new buyers: "You've got to do something different." 


 
United Robotics Group to Acquire SoftBank's Pepper Developer

United Robotics Group, a German robot maker, has reached an agreement to acquire SoftBank Robotics Europe SAS, the developer of humanoid Pepper robot, the companies said. 


 
MetLife Sells About $1.2 Billion in Private-Equity Secondary Transaction

Metlife has reduced its private-equity and venture-capital portfolio by about $1.2 billion through an unusual asset sale that will allow the insurance company to continue managing the assets 


 
SocGen's Russian Exit Raises Pressure on Others

UniCredit and Raiffeisen are the European banks most exposed to Russia and scrutiny is mounting. 


 
PayPal CFO John Rainey Leaving to Join Walmart as CFO

PayPal's board has launched a formal search process to replace Mr. Rainey, who will remain at the company until late May. 


 
Carhartt's New Tech Chief Keeps Focus on Supply Chain

The new chief information officer of workwear brand Carhartt said she plans to standardize communication among its logistics and materials providers and tap insights from the company's nascent data science team to overcome supply chain challenges. 


 
Hyzon Motors Recruits New CFO Months After SEC Subpoena

The fuel-cell vehicle developer said in January it had received a subpoena related to a short seller's allegations that some vehicle orders weren't real, which Hyzon has denied. 


 
Thomas Lefebvre Is Stepping Down From Partner Role at I Squared Capital

Thomas Lefebvre, a partner at I Squared Capital, is stepping down from that role at the infrastructure firm, according to people familiar with the situation. One person said that Mr. Lefebvre will transition to a senior adviser role. 


 
Iluka to Spin Off Sierra Rutile Business

Iluka Resources intends to demerge the Sierra Leone mineral sands business it purchased five years ago to focus on its Australian operations, including its foray into rare earths. 


 
Yelp Joins Apple, Citigroup, Other Companies Covering Travel Costs for Abortions

The expansion comes as more states pass restrictions for reproductive healthcare, causing some people to seek out-of-state care.


(END) Dow Jones Newswires

04-12-22 2115ET