Hawaiian Electric Says Power Lines Not Responsible For Deadly Lahaina Fire, China Targets Stock Market Revival, FTC Pauses Legal Battle With Amgen's $28B Horizon Deal: Today's Top Stories
Walmart settles patent lawsuit regarding LED light bulbs; Renault plans IPO for electric vehicle unit in spring 2024; Credit Suisse posts $4 billion loss in Q2; Supreme Court reviews Purdue Pharma's proposed restructuring; U.S. government to negotiate drug prices; China unveils financial measures to revive stock market; SoftBank organizes AI tour for Indian entrepreneurs; Databricks in talks with T. Rowe Price for $43 billion valuation; XPeng partners with DiDi to boost smart EV adoption; Hawaiian Electric denies responsibility for Lahaina fires; BYD acquires Jabil's mobility business for $2.2 billion; Mallinckrodt files for second bankruptcy in three years; Bayer's cell therapy shows promise in Parkinson's study; GD Culture launches live-streaming e-commerce business on TikTok; BrightView appoints new CEO and receives $500 million investment; Baozun reports mixed Q2 earnings.