Volkswagen Is Bringing Back the Scout, the SUV Pioneer, as an EV
The move is part of Volkswagen's effort to boost its U.S. presence as war and Covid-19 cloud its prospects in Europe and China.
Talen Energy to Hand Power-Plant Business to Bondholders
Talen Energy placed a collection of nuclear, gas and coal facilities in chapter 11 after last year's rally in natural-gas prices strained its cash, positioning unsecured bondholders to take over that business.
Electronic Arts to Drop 'FIFA' From Title of Soccer Franchise
The popular videogame series will be known as EA Sports FC after the company's partnership with the sport's governing body ends.
Latam Airlines Beats Early Appeal of Creditors' $734 Million Fee
A backstop fee can't be appealed before the airline's chapter 11 plan is put on trial, federal judge says.
Coinbase Stock Keeps Sliding
Shares of the largest U.S. crypto exchange, which reported quarterly results late Tuesday, are off sharply from their November high as the company's users declined from the previous quarter.
Elon Musk Says He Would Reverse Twitter's Ban on Donald Trump
The billionaire entrepreneur said it was a mistake to ban Donald Trump because it alienated a large part of the country and didn't ultimately result in the former president not having a voice.
Apple to Discontinue the iPod Touch, Signaling the End of Iconic iPod Line
The iPod helped remake the tech giant and usher in a new era for music. Apple said its iPod Touch will only be available while supplies last.
Carvana to Lay Off 12% of Workforce as It Closes Expansion Deal
CEO Ernie Garcia III said in an email to employees that the company had overshot its growth strategy and would cut around 2,500 workers, centered around the company's operations.
Bain Capital Mulls Single-Asset Secondary Deal for Imperial Dade
The private-equity firm agreed to sell a stake in the portfolio company to Advent International earlier this month.
Truist Financial Acquires Gamified Fintech Startup Long Game
Deal for the San Francisco-based app maker is designed to capitalize on game technology that rewards users for saving money.
(END) Dow Jones Newswires
05-10-22 2115ET
