Three Carnival lines plan to resume Alaska cruises in july
$Carnival Corp(CCL.US)$ said it is planning to resume Alaska sailings in July, in what would be among the first sailings out of the U.S. since the onset of the pandemic.
Car makers won't get special treatment in chip crunch
Commerce Secretary Gina Raimondo said she is looking for ways to help auto makers amid a global semiconductor shortage but won't prioritize them over other chip users, as the industry presses the Biden administration for assistance
Purdue Pharma warns summer bankruptcy trial could be delayed
Purdue Pharma said a summer trial over its multibillion-dollar bankruptcy exit plan could be delayed if the OxyContin maker is unable to resolve open challenges to its proposal.
Kansas City Southern expected to terminate Canadian Pacific Deal
The rail operator is expected to favor a competing deal from Canadian National Railway, according to people familiar with the matter.
Freightliner's Road is clearer without $DAIMLER AG ADR(DMLRY.US)$
European spinoffs have historically made investors money, particularly before their completion. There is no reason to think Daimler Trucks will be different.
Food Distributor $Sysco Corp(SYY.US)$ looks to slim down debt
Unveiling its first-ever leverage target, the company said it has paid down $2.3 billion in the past year and will pay down more to free cash for new investment.
$Oatly Group AB(OTLY.US)$ shares jump in market debut
The Swedish oat-milk maker's stock climbed 19% on its first day of trading on the Nasdaq.
$Alphabet Inc-CL C(GOOG.US)$ to open its first permanent retail store in New York City
The store near the company's Manhattan offices is designed to showcase Pixel phones, Fibit wearables and other items, in a bet on bricks-and-mortar retail.
$Ford Motor Co(F.US)$ and SK Innovation to form venture to build Electric-Car Batteries in U.S.
The deal is the latest in the auto industry's efforts to fortify supplies of batteries ahead of the rollout of more plug-in models.
Source: Dow Jones Newswires