Biden Administration Considers Cutting Off Huawei From U.S. Suppliers 

The U.S. blacklisted Huawei in 2019 but has granted exceptions for components not deemed a national-security risk.

Samsung Operating Profit Falls 69% 

Profit slumped as the company's mainstay memory-chip and smartphone businesses grappled with a sharp drop-off in demand and high inventories.

FTX's Sam Bankman-Fried Sought Leniency From Foreign Regulators, Says Justice Department 

The founder tried to transfer assets, hoped to regain control of crypto exchange, prosecutors allege in a filing.

Alameda Research Sues Bankrupt Crypto Lender Voyager for $446 Million 

The managers steering failed crypto hedge fund Alameda Research through chapter 11 have sued Voyager Digital Ltd. for nearly $446 million, alleging it received preferential payments while Sam Bankman-Fried's crypto empire collapsed.

Whirlpool Reports Quarterly Loss After Divesting European Business 

The appliance maker aims to cut hundreds of millions of dollars in costs and predicts that demand will recover in the second half of 2023.

U.S. Appeals Court Sides With Drugmakers on Discount Program 

The court ruled that drugmakers can limit their shipments of federally discounted drugs to pharmacies, in a blow to hospitals and clinics.

AMC's Two Equity Securities Begin to Converge After Shareholder Proposal Released 

AMC's so-called Ape units are rising while its common shares are falling as the movie theater operator nears a consequential shareholder vote.

Here's What's Next for Bed Bath & Beyond as Bankruptcy Looms 

Home-goods chain's precarious situation could come to a head this week as interest payments and payroll come due.

Ford Cuts Prices of EV Mustang Mach-E 

The move came weeks after Tesla reduced prices on a number of its models.

J&J's Talc Bankruptcy Case Thrown Out by Appeals Court 

A federal appeals court said Johnson & Johnson's LTL Management can't use bankruptcy to resolve numerous talc-injury lawsuits.


(END) Dow Jones Newswires

January 30, 2023 21:15 ET (02:15 GMT)

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