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Dow Jones Newswires: Tencent-backed Tuhu Car plans Hong Kong IPO

Tencent-backed Tuhu Car plans to raise up to 1.26 billion Hong Kong dollars ($160.89 million) through an initial public offering in Hong Kong.

Dow Jones Newswires: Nikola says electric-truck recall has no timeline or cost estimate

Nikola Chief Executive Steve Girsky said the company can't yet share the timeline or cost estimate for the voluntary recall of 209 of its battery-electric trucks.

Dow Jones Newswires: Nikola to start selling its hydrogen fuel-cell trucks in late September

Chief Executive Steve Girsky said the company planned to deliver hydrogen-powered trucks in late September and early October.

: Caesars reportedly paid ransom to hackers, while MGM Resorts is still dealing with cyberattack

Shares of Caesars Entertainment slumped Wednesday following reports that the casino operator paid millions of dollars in ransom after it was hit by a cyberattack last month.

The Margin: Too soon? Chicago hot-dog slinger and New York headline writer among those swift to make light of the Aaron Rodgers injury.

But cheering from his erstwhile fans in Milwaukee?

Market Extra: For stocks this was ‘the worst part’ of inflation report, says First Trust

Major U.S. stock benchmarks remained down for the month on Wednesday, after a choppy trading session ended with mixed results as investors weighed the latest inflation report.

IPO Report: Arm IPO: Separating the hype from the reality

Arm Holding’s IPO is set to be the biggest initial public offering since EV maker Rivian went public in 2021.

Earnings Results: Semtech stock falls as loss forecast, while Street was expecting a profit

Semtech shares fell Wednesday after hours as the chip maker forecast a loss for the current quarter while Wall Street expected a profit.

: UAW strike countdown: Union president says targeted strike possible at all Big Three companies

UAW President Shawn Fain says that UAW may strike 'all of the Big Three at once,' and union prepares for 'standup strikes' if no deal is reached. "

: Google to lay off hundreds of recruiting staffers

Google plans to cut back on roles in its recruiting department, a spokesperson confirmed Wednesday.

IPO Report: Arm prices IPO at high end of range, raising $4.87 billion

Arm Holding Ltd. priced its initial public offering at the high end of expectations late Wednesday following intense interest.

: Howard Schultz steps down from Starbucks board of directors

Starbucks Corp. on Wednesday said that former CEO Howard Schultz is stepping down from its board of directors, capping a nearly 40-year career during which the company grew from a handful of stores in Seattle into a global coffee chain.
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