Fisker Gets $3.5 Million in Funding From Short-Term Loan

The cash-strapped maker of electric vehicles secured about $3.5 million in additional financing via notes due next month. 


 
Grupo Aeroméxico Files for IPO

The Mexican airline said it would apply to list its ADSs on the New York Stock Exchange under the ticker AERO and had already applied to list shares on the Mexican Stock Exchange. 


 
Airlines Fight Back Against Fee-Disclosure Rule

The Transportation Department says its rule, requiring added disclosure of baggage and flight-change fees, helps consumers avoid overpaying for surprise charges. 


 
Kraft Heinz Explores Sale of Oscar Mayer

The famed hot-dog business could fetch between $3 billion and $5 billion. 


 
Fund Manager Bill Hwang's Archegos Was a 'House of Cards,' Prosecutor Tells Jury

Hwang, on trial for fraud and racketeering related to his firm's meltdown, maintains his trading practices were lawful. 


 
Squarespace Intends to Go Private in $6.6 Billion Permira Takeover

The website-development company said its shareholders will receive $44 a share in cash, a 15% premium to Friday's closing price. 


 
OpenAI Launches Voice Assistant Inspired by Hollywood Vision of AI

The function is part of a faster, more capable version of the company's flagship artificial-intelligence model. 


 
Anglo Rejects BHP's Fresh $43 Billion Bid

The approach by the Australian mining company shows an eagerness to boost exposure to copper at a time when demand for the metal is expected to rise. 


 
Intel Nears Deal With Apollo for $11 Billion Ireland Partnership

The investment firm is in exclusive talks to supply the chip giant with cash for a new plant. 


 
Country Garden Avoids Further Default With Payments on Onshore Bonds

Chinese property developer Country Garden made payments on two onshore bonds within a grace period, avoiding default days after the company had said it might turn to a state guarantor for help.


(END) Dow Jones Newswires

05-13-24 1915ET