Google's Plan for 24/7 Carbon-Free Energy Ran Into Headwinds in 2021 

Project delays held back the growth of carbon-free electricity for the company's data centers but it says its long-term trend is going in the right direction.

Instagram Tests Child Age Verification, but Falls Short of Full ID Checks 

Meta's new policy will make it tougher for teens to update to adult accounts. But they can still lie about their age in the first place.

Chinese Battery Giant CATL Raises $6.7 Billion in Share Sale 

This year's two biggest stock offerings are both from EV battery companies.

DocuSign Isn't Ready to Pull From the Shredder 

A management shake-up shows the one-time pandemic darling's business hasn't yet stabilized.

Bankruptcy Judge Advances $14 Billion YPF, Repsol Pollution Lawsuit to Trial 

A chapter 11 trust must prove that YPF and Repsol caused environmental liabilities to go unpaid by a former corporate subsidiary, a bankruptcy judge says.

Musk Calls Tesla's New Factories 'Gigantic Money Furnaces' 

The electric-car maker's plants in Germany and Texas are losing billions of dollars, CEO Elon Musk said.

Revlon Stock Surges After Bankruptcy Filing 

Cosmetics maker's shares up more than 30% in Wednesday's trading as options activity takes off

BMW Opens Electric-Car Plant in China 

The $2.2 billion investment in the plant is the biggest that BMW has ever made in China, its largest market.

Chinese Internet Giants' Ad Revenue Suffers as Business Confidence Wanes 

Companies in the world's second-largest economy are cutting back on digital-ad spending as the economy slows and recurring Covid-19 outbreaks weigh on consumption.

Monte dei Paschi Plans Cash Call to Fund Revamp 

Italy's Banca Monte dei Paschi di Siena said it would raise up to EUR2.5 billion, cut thousands of jobs and close dozens of branches as part of its multiyear plan to boost its balance sheet.


(END) Dow Jones Newswires

June 23, 2022 07:15 ET (11:15 GMT)

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