Tesla Supplier Panasonic Drops Plan for Oklahoma EV Battery Factory 
 

The Japanese company is already building another plant in Kansas but has been hit by higher-than-expected construction costs.

 
Starbucks CEO Takes On Chain's Social Media Controversy Over Israel-Hamas War 
 

"We see protestors influenced by misrepresentation on social media of what we stand for," CEO Laxman Narasimhan said in a letter.

 
Universal Eyes European Theme-Park Challenge to Disney 
 

The company has bought land north of London while weighing opening a competitor to Paris Disneyland.

 
U.S. Leads Bid to Secure Red Sea, but Shipping Firms Remain on Edge 
 

Regional politics and well-armed Houthi adversaries in Yemen are among the challenges facing the U.S.-led naval force.

 
Bird Electric Scooter Company Files for Bankruptcy After 2021 SPAC 
 

The vehicle-rental provider has secured a bankruptcy loan from Apollo Global and its existing second-lien creditors.

 
Court Rejects Claims Linking Tylenol to Autism, ADHD 
 

A judge ruled that plaintiffs in hundreds of lawsuits don't have admissible evidence to support claims that acetaminophen raises risks for fetal development.

 
FedEx 2Q Profit Rises Despite Continued Demand Woes 
 

Revenue fell to $22.2 billion from $22.8 billion a year earlier, missing the $22.36 billion expected by analysts polled by FactSet.

 
Volkswagen Job Cuts to Help Save Flagship Brand $4.37 Billion Next Year 
 

Volkswagen has reached a deal with workers that will help its flagship brand save up to $4.37 billion next year by reducing the size of its workforce.

 
Comcast Breach Compromises 36 Million Accounts 
 

Hackers took advantage of a vulnerability in Citrix cloud-computing software and accessed names and Social-Security details, among others.

 
Affirm's stock rockets after Walmart expands buy-now-pay-later option to include self-checkout purchases 
 

Shares of Affirm Holdings Inc. soared toward the highest prices seen in nearly two years after the provider of buy-now-pay-later payment options said it has expanded its services with discount retail giant Walmart Inc. to include self-checkout purchases.

(END) Dow Jones Newswires

December 20, 2023 07:00 ET (12:00 GMT)