JD.com Shares Rise in Hong Kong Debut Despite Broader Market Weakness

Shares of one of China's largest online retailers rose on their trading debut in Hong Kong after the firm raised $3.9 billion via a secondary listing in the city. 


 
T-Mobile Names New CFO to Continue Sprint Integration

T-Mobile's accounting chief, Peter Osvaldik, will take over as chief financial officer on July 1. Longtime finance chief Braxton Carter is retiring. 


 
AMC Bondholders Push Back on Restructuring Offer

The movie-theater chain is facing resistance from some creditors to a debt-restructuring proposal that would give investor Silver Lake a top-ranking claim on the company's assets. 


 
Bankrupt Hertz Suspends Stock Sale as SEC Poses Questions on Deal

"Sales...were promptly suspended pending further understanding of the nature and timing of the staff's review," Hertz said in a filing for its $500 million stock offering. 


 
U.S. Files Charges Against Chinese Mask Manufacturer

Federal prosecutors accused a Chinese manufacturer of selling 140,000 defective masks to a U.S. distributor, the latest case brought against a company for allegedly selling substandard products amid the pandemic. 


 
Google Sets Hiring Goal to Advance Black Executives

Google announced a new hiring goal to dramatically boost the number of black executives at the search giant. 


 
Kim Kardashian West Lands Podcast Deal With Spotify

Kim Kardashian West reached a deal with Spotify Technology for a criminal-justice podcast, according to people familiar with the matter, exploring a topic that has come to the forefront of the national conversation in recent weeks. 


 
Insurer AmTrust Reaches Civil Settlement With SEC

AmTrust and its former chief financial officer agreed to pay $10.5 million to settle allegations they failed to fully disclose how they estimated losses from insurance claims. 


 
DOJ Proposes Limiting Internet Firms' Protections

The Justice Department proposed a rollback of legal protections that online platforms have enjoyed for more than two decades, in an effort to make tech companies more responsible in how they police their content. 


 
Standard Chartered to Raise $1 Billion From Debt Market

Standard Chartered is planning to raise $1 billion from the debt market and use the proceeds to strengthen its regulatory capital base and meet general business needs.