YouTube Advances Plans for Streaming Video Marketplace 

The ultracompetitive U.S. market is prompting streaming services to seek new ways to find subscribers.

Facebook Marketplace, DoorDash Team Up for Local Deliveries 

The service will deliver items that fit in a car trunk to destinations up to 15 miles away.

Best Buy Cuts Store Jobs to Help Boost Profits 

The retailer cut hundreds of jobs in stores as its customers change their spending habits.

Peloton to Shed About 800 Jobs 

The fitness equipment maker is working to cut costs in a bid to reset the business after a pandemic-fueled boom in sales.

Five Chinese Companies Plan to Delist From NYSE 

PetroChina, Aluminum Corp. of China and others cite low trading volumes and costs.

Travel Woes in Europe Won't End This Summer 

Airlines are preparing for the disruption to continue into fall, with some of the region's biggest airports extending caps on passenger numbers as they grapple with the rapid recovery in air travel.

Huawei Revenue, Profitability Continue to Slide 

The telecommunications company's revenue has been falling since 2020 as Western restrictions on its access to chips hamper sales of its core products.

Alexei Miller, Putin Loyalist and Gazprom CEO, Fights Energy War With Europe 

By starving Europe of gas in retaliation for its support for Ukraine, Mr. Miller is potentially committing the state energy giant to a future of subordination to Beijing.

Samsung Leader to Get Presidential Pardon for Bribery Conviction 

The company's de facto leader will have his criminal record from his bribery conviction wiped clean but still has unresolved legal woes related to accounting-fraud charges.

The Secret Talks That Could Have Prevented the Apple vs. Facebook War 

The two tech giants discussed revenue-sharing arrangements, including a potential ad-free, subscription version of Facebook.


(END) Dow Jones Newswires

August 12, 2022 19:15 ET (23:15 GMT)

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