Nvidia stock drops as China COVID shutdowns weaken outlook 
 

Nvidia shares fell in the extended session Wednesday after COVID shutdowns in China and the Ukraine war shaved $500 million off its outlook.

 
Twitter Says It Is Working Through Musk Transaction 
 

Silver Lake co-CEO Egon Durban offered to resign from Twitter's board after failing to win a majority of shareholder support for a new directorship term in a preliminary vote tally.

 
Aramco Approached Valvoline About Takeover of One of Its Units 
 

Deal talks are in the early stages, with the Saudi oil giant eyeing Valvoline's global products business, according to people familiar with the matter.

 
Dick's Sporting Goods Cuts Outlook 
 

The sports equipment chain said it hasn't seen any sharp falloff in sales even as it reported weaker results for the recent quarter.

 
U.K. to Probe Chinese-Led Takeover of Chip Maker 
 

The scrutiny is the latest sign that countries are becoming more protective over their semiconductor industries.

 
Boeing Starliner Set to Return After Flight to International Space Station 
 

The spacecraft is expected to land in New Mexico later Wednesday, the last leg of a test flight the company first tried to complete more than two years ago.

 
Kohl's Is Ramping Up Investments in Its Stores 
 

The department-store operator plans to add 100 new, smaller format stores in markets 'previously untapped by Kohl's physical presence.'

 
Kim Kardashian Has a New Title: Beyond Meat's 'Chief Taste Consultant' 
 

The maker of plant-based meat substitutes is betting on the reality star and entrepreneur as it seeks to boost sales amid recent struggles.

 
TotalEnergies to Buy Stake in U.S. Wind and Solar Company 
 

The French energy company said it would buy a 50% stake in Clearway Energy Group in a deal worth about $2.4 billion, the latest move by an oil major to expand in wind and solar power.

 
Nvidia Stock Falls on a Weak Outlook. It's Another Tech Disappointment. 
 

Nvidia's latest earnings were better than expected, but the company provided a soft outlook citing impacts from Covid-19 and Russia.

(END) Dow Jones Newswires

May 25, 2022 17:00 ET (21:00 GMT)