Tesla to Spend Over $500 Million on Charger Network This Year

The announcement comes days after the carmaker laid off much of the team responsible for creating the largest such network in the U.S. 


 
IAG Well Positioned for Summer as Earnings Rise

IAG reported an increase in operating profit and said that it was well positioned for the summer after strong demand boosted revenue for the first quarter of the year. 


 
Honda Motor Expects Annual Profit to Fall

The Japanese automaker projected a drop in fiscal-year net profit and announced a share buyback after posting a sharp increase in annual profit for the previous year. 


 
Tractor Supply's Bet on Garden Centers Is Starting to Blossom

Tractor Supply, known for selling farm gear, tractor parts and animal feed, saw a fallow field in its product offerings nearly four years ago. Shoppers wanted more plants, flowers and gardening supplies, but they were taking their dollars elsewhere. 


 
Bundles Are the Hottest New Show in Streaming

Warner and Disney's push for bundling makes sense with mergers off the table, but old rivalries will need to be curbed to make deals work. 


 
Even a State-Linked Giant Can't Duck China's Real-Estate Crisis

China Vanke's Hong Kong-listed shares have lost two-thirds of their value over the past year. That is bad news for those hoping the worst is over for China's real-estate market. 


 
Life360 Could Give Ad Revenue Guidance in August

Location-tech developer Life360 could give second-half revenue guidance for its new advertising venture when it announces its next quarterly update in August, Chief Executive Chris Hulls said. 


 
Apple Apologizes for iPad Ad Depicting Crushed Creative Tools

The company said it wouldn't run the advertisement on television after it faced widespread criticism on social media. 


 
T-Mobile, Verizon in Talks to Carve Up U.S. Cellular

T-Mobile US is closing in on a deal to buy a chunk of U.S. Cellular, one of the country's last major regional wireless carriers, for more than $2 billion. 


 
Funko Taps Former Hasbro Executive as CEO

Funko named former Hasbro executive Cynthia Williams as its next chief executive, effective later this month.


(END) Dow Jones Newswires

05-10-24 0915ET