Amazon Web Services Chief to Step Down

The chief executive of Amazon Web Services, Adam Selipsky, is stepping down and will be succeeded by Matt Garman, the company's senior vice president of sales and marketing. 


 
Regulators Probe Alphabet's Waymo After 22 Self-Driving Car Incidents

No injuries or fatalities have been reported involving the Google parent's startup. 


 
Comcast to Launch Streaming Bundle of Peacock, Netflix and Apple TV+

The new bundle, called StreamSaver, will be exclusively available to customers of Comcast's internet service. 


 
Alibaba Quarterly Profit Sinks Despite Rise in Sales

Alibaba Group's profit sank in the latest quarter, even as revenue rose on higher sales in its key e-commerce, cloud and logistics businesses. 


 
Home Depot's sales miss estimates as spring selling season sees delayed start

Home Depot Inc.'s stock fell 0.2% early Tuesday, after the home-improvement retailer beat profit estimates for the first quarter but sales fell slightly short as the spring selling season got off to a delayed start. 


 
Anglo American Plots Breakup After Rejecting $43 Billion BHP Bid

The miner outlined a turnaround effort that sharpens its focus on copper after turning down a sweetened takeover offer. 


 
Plug Power's stock jumps 60% after long-awaited funding announcement

Plug Power delivered a long-awaited funding announcement on Tuesday morning that looked set to fuel a major stock gain. 


 
Israel's Once-Dominant Drugmaker Is Revived by Innovation

Teva Pharmaceutical's stock has nearly doubled in the past year as Wall Street gets excited about its branded portfolio. 


 
Walmart to Lay Off and Relocate Workers

The retailer is cutting hundreds of corporate jobs and asking some staff to move to large corporate hubs. 


 
Trucking Company Saia Names Matthew Batteh as CFO

New finance chief succeeds Douglas Col, who is set to retire.


(END) Dow Jones Newswires

05-14-24 1115ET