Fisker Gets $3.5 Million in Funding From Short-Term Loan 

Cash-strapped electric-vehicle-maker Fisker secured about $3.5 million in additional financing via notes due next month, the company said.

Airlines Fight Back Against Fee-Disclosure Rule 

The Transportation Department says its rule, requiring added disclosure of baggage and flight-change fees, helps consumers avoid overpaying for surprise charges.

Kraft Heinz Explores Sale of Oscar Mayer 

The famed hot-dog business could fetch between $3 billion and $5 billion.

Fund Manager Bill Hwang's Archegos Was a 'House of Cards,' Prosecutor Tells Jury 

Hwang, on trial for fraud and racketeering related to his firm's meltdown, maintains his trading practices were lawful.

Squarespace Intends to Go Private in $6.6 Billion Permira Takeover 

The website-development company said its shareholders will receive $44 a share in cash, a 15% premium to Friday's closing price.

OpenAI Launches Voice Assistant Inspired by Hollywood Vision of AI 

The function is part of a faster, more capable version of the company's flagship artificial-intelligence model.

Anglo Rejects BHP's Fresh $43 Billion Bid 

The approach by the Australian mining company shows an eagerness to boost exposure to copper at a time when demand for the metal is expected to rise.

Intel Nears Deal With Apollo for $11 Billion Ireland Partnership 

The investment firm is in exclusive talks to supply the chip giant with cash for a new plant.

Country Garden Avoids Further Default With Payments on Onshore Bonds 

Chinese property developer Country Garden made payments on two onshore bonds within a grace period, avoiding default days after the company had said it might turn to a state guarantor for help.

Temu Cools on the U.S. After Shelling Out Billions 

The Chinese-owned bargain app is looking to reduce its reliance on American shoppers as growth slows and scrutiny of TikTok grows.

(END) Dow Jones Newswires

05-13-24 1715ET