SEC Sues Coinbase in Latest Move Against Crypto 
 

The regulator said the U.S.'s largest crypto platform violated rules that require it to register as an exchange.

 
Merck Challenges U.S. Government's New Powers to Negotiate Drug Prices 
 

The drugmaker filed a lawsuit saying Medicare's drug-price negotiation program violates the company's constitutional rights.

 
Apple's Vision Pro Joins Crowd Trying to Make Headsets the Next Big Thing 
 

Apple's new $3,499 headset will compete against less expensive offerings from Meta and ByteDance.

 
Hong Kong's Legal Bid to Ban Protest Song Challenges Google 
 

Officials are seeking a court order to block online dissemination of a popular pro-democracy anthem, in the first major test for U.S. tech platforms over politically sensitive content.

 
Subway Is for Sale-Who Wants to Be a Hero? 
 

The home of the $5 footlong and largest U.S. restaurant chain by locations needs to find an alluring price for selling itself to private equity.

 
ABM Industries 2Q Profit Increases on Higher Sales 
 

The industrial facility maintenance services provider's profit increased in its fiscal second quarter as expenses rose less than sales.

 
Venture-Capital Firm Sequoia to Separate China Business 
 

Sequoia told its investors it would split into three independent partnerships that would be distinct firms with separate brands.

 
Apple's Augmented Reality Faces Real Questions 
 

The Vision Pro headset is an expensive gamble for a company that needs a new hit.

 
PGA Tour, LIV Golf Agree to Merge 
 

The PGA Tour and LIV Golf have agreed to a stunning merger that ends the divide that has dominated the sport for the last year.

 
Former ByteDance Executive Claims Chinese Communist Party Accessed TikTok's Hong Kong User Data 
 

Allegation is made in suit against TikTok parent company, ByteDance, which says it vigorously opposes the claim.

(END) Dow Jones Newswires

June 06, 2023 11:15 ET (15:15 GMT)