BMW, Jaguar and VW Parts May Have Been Made With Forced Labor, Senate Report Says 
 

The report from Senate Finance Committee Chair Ron Wyden says automakers aren't doing enough to root out the use of forced labor in their supply chains


 
Palo Alto Networks' stock falls after earnings as forecast fails to impress 
 

The stock was down about 9% in after-hours action Monday. It lost 28% in the session after the last earnings report.


 
Peloton Interactive Gets $1.4 Billion In Fresh Credit 
 

The company will enter a $1 billion five-year term loan facility and a $100 million five-year revolving credit facility.


 
Telstra to Cut Jobs to Save Costs Amid Enterprise Overhaul 
 

The Australian telecommunications company plans to cut 2,800 jobs as part of a continuing strategic review, helping cut $233.4 million in costs.


 
Zoom bumps its longer-term outlook higher, but near-term forecast comes up short 
 

Zoom Video Communications Inc. on Monday bumped its full-year profit and sales forecast higher, after reporting first-quarter results that beat Wall Street's expectations, helped by a broader artificial-intelligence rollout across the video-calling platform's products.


 
Jamie Dimon Says His Retirement Is Getting Closer. Finally. 
 

The JPMorgan chief executive says his timeline "isn't five years anymore."


 
Tesla Shareholder Group Calls for Vote Against Musk Pay Package 
 

The letter calls for shareholders to reject the re-election of two directors, Kimbal Musk and James Murdoch.


 
Johnson Controls Stock Pops on Report Activist Investor Has Built Up Its Stake 
 

A report says Elliott Investment Management has been building a position in the air conditioning and building security supplier.


 
Hims & Hers Health to Offer Injectable Weight-Loss Drugs on Telehealth Platform 
 

Hims & Hers Health shares soared after the company said it would add injectable weight-loss drugs to its platform, granting access to the popular treatments to its telehealth patients.


 
Micron's stock rises as Morgan Stanley admits its bearish stance 'was a mistake' 
 

An analyst said he failed to properly appreciate how high-bandwidth memory would drive stock momentum.


(END) Dow Jones Newswires

05-20-24 2115ET