Top Company News of the Day: Tesla, United, Tyson Foods, Banks

Tesla Deliveries Rose 83% in the Latest Quarter

The electric-vehicle maker benefited from price cuts and discounts amid tougher competition in the EV market.

United Vows Changes to Avoid More Disruptions, Including Fewer Newark Flights

The airline plans to fly less at its Newark, N.J., hub and take other steps to avoid a repeat of the nearly weeklong disruptions that snarled travel ahead of the Fourth of July holiday, CEO Scott Kirby said.

Tyson Foods to Drop ‘No Antibiotics Ever’ Label on Some Chicken Products

The move will involve drugs that aren’t important to human health and will apply to all fresh, frozen and ready-made products under the Tyson brand.

Big Banks Stay Cautious as Stress Doesn’t End With a Test

The largest banks fared relatively well in the Federal Reserve’s stress scenarios, but they are still being conservative with buybacks.

Crypto Miners Seek a New Life in AI Boom After an Implosion in Mining

Demand for high-end chips allows cryptocurrency companies to repurpose idle equipment.

Widespread Drought Creates Winners and Losers in U.S. Agriculture

Meat and dairy companies could face higher feed costs, while grain shippers and farm suppliers might reap gains.

Twitter Limits Number of Posts Users Can Read

The social-media platform began limiting how many posts users can read, an unusual move that came as owner Elon Musk says he is fighting companies trying to use its data for developing artificial intelligence programs.

Fox Settles Litigation With Former Producer for $12 Million

Former producer Abby Grossberg had alleged a toxic workplace at Fox News.

Morgan Stanley to Raise Dividend, Reauthorizes Buyback

Morgan Stanley said it would raise its quarterly dividend 9.7%, and also reauthorized a multi-year common equity share-repurchase program of up to $20 billion.

AMC Fights Meme-Stock Investors in Court

Thousands of shareholders have turned against AMC, objecting to a deal that would clear the way for the movie-theater chain to issue more stock.

Source: Dow Jones Newswires


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