Congress Votes to Suspend Tariffs on Baby Formula Ingredient
Lawmakers said they expected the legislation would make formula easier to find, especially for families in the WIC supplemental-nutrition program.
Barclays to Pay $200 Million SEC Fine Over Debt-Sale Snafu
The flub involved the sale of structured notes, or debt instruments linked to an underlying reference such as the S&P 500 index, and exchange-traded notes.
Toyota CEO Says Moving to All EVs Would Leave Some Customers Behind
The comments by Akio Toyoda come as Toyota faces pressure to show it isn't falling behind in the industry's electric-vehicle race.
Micron Issues Another Muted Outlook After Missing Sales Target
The memory-chip maker's revenue declined 20% from the year-ago period, a sign that demand for consumer electronics is slumping.
Nike's Inventories Jump 44% Ahead of Holiday Season
Nike said inventories rose 44% to $9.7 billion in the latest quarter, and higher discounts and freight costs squeezed profit margins.
Mark Zuckerberg Freezes Hiring at Facebook-Parent Meta
Meta employees were told that the company will be implementing a hiring freeze and will be taking more steps to reduce costs.
Former EBay Executive Sentenced to Prison for Cyberstalking Campaign
The campaign involved threatening emails, fake Craigslist posts and mysterious deliveries to bloggers.
Rite Aid's Quarterly Loss Widens
Shares of the drugstore operator fell more than 25% after it reported a wider loss in the second quarter and warned of a tougher environment for its business for the rest of the year.
Google to Shut Down Stadia Gaming Service
The company said Stadia, launched in 2019, hasn't gained traction with users.
Peloton to Sell Exercise Bikes at Dick's Sporting Goods, Expanding Retail Push
The fitness-gear company has been expanding where consumers can buy their products amid a drop in demand as people return to the gym.
(END) Dow Jones Newswires
09-29-22 2115ET
