Ford Hires New CMO Away From Toyota As It Pivots Toward Electric Vehicles

A likely UAW strike may further complicate the automaker's attempts to make its EV business profitable, experts say. 


 
Birkenstock Files for IPO

L Catterton is among the shoemaker's backers. Birkenstock didn't say how many shares it would list or give an anticipated price range. 


 
Apple's iPhone 15 Pro Max Pushes Up the Price

The company unveiled a new iPhone lineup aimed at wringing more money out of its top model without jacking up prices for more basic versions that are getting only minor upgrades. 


 
BP CEO Bernard Looney Resigns

The oil company said Looney was "not fully transparent" about past personal relationships with colleagues. 


 
When Is the Arm IPO? What to Know About the Circuit Designer

The British company whose circuitry is in almost all smartphones is preparing to go public 


 
Lenders to India's Byju's Allege $533 Million Went to Hedge Fund

Lenders to Indian education-technology company Byju's have alleged that it covertly transferred $533 million to a Florida-based hedge fund, adding another dimension to their legal feud with one of India's most highly valued startups. 


 
Walmart CEO Feeling 'Pretty Good' About U.S. Consumers

Lower inflation, a strong labor market, and wage increases have allowed many shoppers to keep spending, CEO Doug McMillon said. 


 
SEC Sues Market-Maker Virtu, Alleging Leakage of Customer Information

Regulator says Virtu misled customers about the walls between prop trading and order-execution roles. 


 
Flexport Moves to Repair Its Business After a Highly Public Executive Split

Former Amazon leader Dave Clark is gone and returning CEO Ryan Petersen is coping with declining demand in a retrenching freight market. 


 
Advance Auto Parts Sees Credit Rating Lowered

Shares of the auto parts distributor are on pace for their lowest close since October 2011.


(END) Dow Jones Newswires

09-12-23 2115ET