Trump to Require China's ByteDance to Sell TikTok Assets 
 

President Trump will require Beijing-based ByteDance to sell its ownership in TikTok, the popular video sharing app that U.S. officials have deemed a national security risk, according to a person familiar with the matter.

 
Kodak's Stock Surge Turned Insiders' Options Into Potential Windfall 
 

Executive Chairman Jim Continenza stands to make more than $95 million from stock options granted as recently as Monday.

 
Charter Gains Cable-TV Customers 
 

Charter Communications, which operates under the Spectrum brand, said it added thousands of pay-TV customers in the second quarter.

 
Pinterest Revenue Lifted by Gains in Users, Ad Demand 
 

Shares of Pinterest surged 33%, their largest single-day percentage gain since its initial public offering, after the image-sharing company posted stronger-than-expected user and revenue growth in the second quarter.

 
GM Aims to Give Electric Vehicle Owners More Places to Charge 
 

General Motors is working to install 2,700 electric-vehicle chargers in the U.S., an effort to stoke demand for battery-powered cars and catch up with Tesla's commanding lead in the plug-in market.

 
Offshore-Rig Operator Noble Files for Bankruptcy 
 

Noble, a London-based operator of offshore oil-and-gas drilling rigs, filed for bankruptcy, the latest victim of falling oil demand as the coronavirus pandemic ravages the global economy.

 
Expedia Needs to Budget for This Trip 
 

Expedia's Chief Executive Officer Peter Kern said the second quarter was "likely the worst quarter the travel industry has seen in modern history."

 
Neiman Marcus Owners to Hand Over Part of MyTheresa to Creditors 
 

The bankrupt retailer's private-equity backers agreed to relinquish part of the MyTheresa online business they took over in 2018, clinching a settlement with creditors and clearing a big hurdle for Neiman's exit from chapter 11.

 
ESG Insights - Coronavirus: Office Workers Set For Long-Haul Logins at Home 
 

The Wall Street Journal's ESG research analysts saw positive implications for Google, Nordea, European utilities, BMW and Deutsche Bank, while the outlook for JBS and the coal industry was more negative.

 
Big Oil Companies Lose Billions, Prepare for Prolonged Pandemic 
 

Big oil companies endured one of their worst second quarters ever and are positioning themselves for prolonged pain as the coronavirus pandemic continues to sap global demand for fossil fuels.

 
 

(END) Dow Jones Newswires

July 31, 2020 15:15 ET (19:15 GMT)

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