Jamie Dimon to Face Questioning in Lawsuit Over JPMorgan's Epstein Ties 
 

The bank had resisted the U.S. Virgin Islands' efforts to force the CEO to submit to a deposition.

 
Micron reports largest loss on record, but stock gains as execs say inventory issues have peaked 
 

Micron reported its largest quarterly loss on record Tuesday, but shares held up as executives suggested the memory-chip market may be reaching a bottom.

 
Lululemon's stock rises on revenue, earnings beat 
 

Lululemon Athletica Inc.'s stock rose more than 6% in extended trading Tuesday after the clothing retailer reported quarterly results that topped analyst revenue and earnings estimates, and offered strong full-year revenue guidance.

 
Cal-Maine Foods profit jumps eightfold, revenue more than doubles as egg prices rise 
 

Prices for eggs rose significantly and avian bird flu continued to affect egg production, but Cal-Maine beat Wall Street expectations.

 
EV Startup Lucid Cuts 18% of Workforce, Including Some Executives 
 

The maker of high-end electric cars plans to lay off about 1,300 employees.

 
Alibaba to Split Into Six Groups and Explore IPOs 
 

The biggest structural overhaul in the Chinese tech company's history comes days after co-founder Jack Ma returned to mainland China. The stock jumped in U.S. trading.

 
Sam Bankman-Fried Charged With Bribing Chinese Officials 
 

Prosecutors accused the FTX founder of conspiring to pay off Chinese officials to regain access to more than $1 billion in frozen cryptocurrency.

 
Apple Rolls Out Buy Now, Pay Later Plan 
 

The tech company will let users apply for loans of as much $1,000 with no interest or fees.

 
Lawmakers Scold Fed Over Silicon Valley Bank Collapse 
 

Senators rebuked the Federal Reserve for failing to prevent the collapse of Silicon Valley Bank despite identifying risks beforehand, while the central bank's top regulator blamed the firm's executives for not fixing its problems.

 
U.S. Appeal Halts Binance.US From Buying Voyager Crypto Accounts 
 

The U.S. government won a court order pausing Voyager's deal to sell its customer accounts out of bankruptcy to Binance.US.

 
 

(END) Dow Jones Newswires

March 28, 2023 19:15 ET (23:15 GMT)

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