3M Nears Roughly $5.5 Billion Settlement to Resolve Earplugs Complaints

The litigation over hearing-loss complaints ranks as the largest mass tort in U.S. history, with more than 300,000 claims. 


 
China Evergrande's First-Half Net Loss Narrowed

China Evergrande Group, the world's most indebted developer, narrowed its first-half loss significantly mainly due to an absence of impairment loss on investments. 


 
BYD Electronic Plans Acquisition Worth Nearly $2.2 Billion

BYD Electronic plans to buy a company that could own a manufacturing business in the Chinese cities of Chengdu and Wuxi for nearly $2.2 billion to expand its smartphone components. 


 
Tsingtao's Profit Rises on Consumption Recovery

Tsingtao Brewery's first-half net profit rose 20.1%, mainly supported by higher beer sales and cost controls. 


 
This Company Is Nvidia's AI Chip Partner-and Its Stock Is Soaring

SK Hynix has long been a major player in the boom-and-bust world of memory chips, but it hasn't historically been viewed as an industry pioneer. 


 
Big Manufacturers Try Crowdfunding to Market-Test Products

GE Appliances and others seek customer feedback and payment in advance to help validate a concept. 


 
California Pipeline Pause Weighs on Brookfield-Backed Carbon Business

CO2-capture operator Carbon TerraVault has had to shift its focus from existing industrial plants to new ones. 


 
Digital Payments Can't Serve Up a Free Lunch

Though stock markets have been merciless with "paytech" firm Adyen, they are right to fear a more cutthroat environment in digital payments. 


 
Nvidia Supply Concerns Ease, but Long-Term Challenges Remain

Questions persist regarding artificial-intelligence demand and geopolitics. 


 
FTC Pauses Challenge to Amgen's $27.8 Billion Deal for Horizon Therapeutics

The move gives the agency time to weigh a settlement that would allow the deal to close with conditions.


(END) Dow Jones Newswires

08-27-23 2115ET