• SoftBank Loses Record $23B on Vision Fund, Signals Job Cuts
  
  SoftBank Group Corp. unveiled a $23 billion quarterly net loss on Monday, its biggest ever, as a market sell-off upended tech stocks and shredded valuations at its sprawling Vision Fund unit.
• Warner Bros. Discovery to Merge HBO Max, Discovery+
  
  Warner Bros. Discovery Inc. said Thursday it would merge the HBO Max streaming service with Discovery+ as a single offering, combining WarnerMedia's dramas, comedies and movies with Discovery's reality shows.
• Mars Wrigley Apologizes for Ad Suggesting Taiwan Is a Country
  
  Mars Wrigley, maker of the Snickers candy bar, apologized on Friday for a Snickers product launch which Chinese social media users said suggested that Taiwan was a country.
• Amazon to Buy Roomba-maker iRobot for $1.7 Billion
  
  Amazon.com Inc. will acquire iRobot in an all-cash deal for about $1.7 billion, the robot vacuum cleaner maker said Friday.
• Tesla Investors Approve Stock Split; Musk to Add Factories
  
  Tesla shareholders on Thursday approved a three-for-one stock split, a move that will make the company's shares more accessible to smaller investors.Preliminary results of the shareholder vote were announced at the electric car and solar panel maker's annual meeting at its...
• Virgin Galactic Again Delays Commercial Space Flight to 2Q23
  
  Virgin Galactic Holdings Inc. on Thursday again delayed the commercial launch of its space flight to the second quarter of 2023 from the first quarter, sending the shares of the space tourism firm 6% lower after the bell.
• Beyond Meat Cuts Jobs, Outlook as Plant-based Boom Fizzles
  
  Beyond Meat Inc. lowered its forecast for 2022 revenue on Thursday and said it would cut several jobs at a time when demand for its plant-based products is fizzling out in the United States.
• Lyft's Operating Profit Surges on Rideshare Demand
  
  Ride-hailing firm Lyft Inc. on Thursday reported a record adjusted operating profit, benefiting from a surge in demand for rides and a dramatic slowdown in company-wide hiring that helped it manage costs, sending its shares up 5%.
• AMC Entertainment Beats Quarterly Revenue Estimates
  
  AMC Entertainment Holdings Inc. beat Wall Street estimates for second-quarter revenue on Thursday, as big-ticket films such as "Top Gun: Maverick" drew crowds to movie halls, driving a surge in box-office collections at the world's largest theater chain.
• DoorDash Hikes Annual Outlook as Delivery Demand Holds Strong
  
  DoorDash Inc. raised its annual target for a key industry metric on Thursday, betting that consumers would stick to ordering in even as decades-high inflation and a return to pre-pandemic lifestyles raise concerns around demand.
• Cheniere Posts Q2 Profit on Strong LNG Demand
  
  Cheniere Energy Inc., the largest U.S. liquefied natural gas (LNG) exporter, on Thursday reported second-quarter profit that topped forecasts, and raised its full-year earnings outlook.
• Tesla Stock-split Proposal to Headline Annual Meeting in Texas
  
  Tesla Inc. will host its annual general meeting on Thursday, with the world's most valuable automaker's proposal for a second stock split in as many years set to take center stage for investors gathered in Austin, Texas.
• Amazon Workers at UK Warehouse Stop Work to Protest Pay
  
  More than 700 Amazon warehouse workers in England staged a protest Thursday in a dispute over pay, in the latest sign of workplace friction stoked by Britain's cost of living crisis and a growing discontent among employees over wage and working conditions. The GMB union...
• Conoco Sweetens Shareholder Returns by $5B as Profit Jumps
  
  ConocoPhillips on Thursday raised its shareholder payout target by 50% after the largest U.S. independent oil producer beat Wall Street's earnings estimates on surging energy prices.
• Credit Suisse May Cut Thousands of Jobs Worldwide
  
  Credit Suisse Group AG is discussing slashing thousands of jobs globally, Bloomberg News reported on Thursday, citing people familiar with the matter.
• Meta Platforms to Make First-ever Bond Offering
  
  Facebook-parent Meta Platforms announced Thursday it would make its first-ever bond offering, at a time when the social media company is making massive investments to fund its metaverse projects.
• Coinbase, BlackRock Ink Crypto Trading Deal
  
  Cryptocurrency exchange Coinbase Global Inc. said Thursday it has partnered with BlackRock, the world's largest asset manager, to provide institutional clients with access to crypto trading and custody services.
• Elon Musk's Twitter Countersuit Due by Friday as Acrimony Grows
  
  Twitter Inc. and Elon Musk, who are suing each other over the world's richest person's effort to exit their $44 billion merger, couldn't even agree on how much to tell the public about their dispute.
• Paramount Gets Lift From Blockbuster 'Top Gun' Sequel
  
  Paramount Global reported better-than-expected quarterly revenue on Thursday, powered by the May release of blockbuster Tom Cruise-starrer "Top Gun: Maverick" even as streaming subscriber growth slowed.
• Cigna Raises Forecast, as Slow Medical Demand Curbs Costs
  
  Cigna Corp. joined peers in raising its annual profit forecast after its quarterly earnings beat estimates on Thursday, as a slow recovery in non-urgent medical procedures helps insurers rein in medical expenses.
• Tencent to Raise Stake in 'Assassin's Creed' Maker
  
  Tencent Holdings Ltd plans to raise its stake in French video game group Ubisoft Entertainment SA as the Chinese gaming giant pivots to the global gaming market, four sources with direct knowledge of the matter told Reuters.
• MetLife Quarterly Profit Falls as Investment Returns Slip
  
  U.S. insurer MetLife Inc. reported a fall in quarterly profit on Wednesday as weaker investment returns offset gains from rising premiums.
• Exxon in Talks With Unnamed Party for Sakhalin-1 Transition
  
  U.S. oil producer Exxon Mobil is in the process of transitioning its 30% stake in a Russian oil development "to another party," according to a filing with the U.S. Securities and Exchange Commission on Wednesday.
• Brigham Minerals Explores Sale of the Company
  
  Brigham Minerals Inc., a company that owns the rights to extract oil and natural gas from land across numerous U.S. shale basins, is exploring options that include a sale or a merger, people familiar with the matter said Wednesday.
• Warner Bros Axes 'Batgirl' $90M HBO Max Film
  
  Warner Bros. has axed the $90 million "Batgirl" film planned for HBO Max, according to a person connected with the film who was not authorized to speak publicly about it.

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