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Hurricane Ian Approaches Florida, Threatens Tampa Bay

ST. PETERSBURG, Fla.–Hurricane Ian bore down on southwest Florida Tuesday after pummeling Cuba, with a swath of the state’s Gulf Coast in harm’s way, including the vulnerable Tampa Bay area. The storm’s center is forecast to approach the west coast of Florida on Wednesday afternoon and into Wednesday night, according to the National Hurricane Center. … Read more

Ford’s Latest Supply-Chain Problem: a Shortage of Blue Oval Badges

Ford F -3.60% Motor Co. has delayed deliveries of certain vehicles because it didn’t have the blue oval badges that go on them, in another example of how supply-chain challenges have hit auto makers. The car company has run into supply constraints with the brand-name badges and the nameplates that specify the model, according to … Read more

Ford stock drops more than 4% as supply costs to jump by $1 billion, parts shortages to leave more cars unfinished

Ford Motor Co. shares dropped more than 4% in the extended session Monday after the company said inflation and parts shortages will leave it with more unfinished vehicles than it had expected, reminding Wall Street supply-chain snags are far from over for auto makers. Ford F, +1.43% said it expects to have between 40,000 and … Read more

Why Adobe Wants Figma and Why Some Investors Are Worried

Adobe Inc., ADBE -3.12% the low-key maker of digital tools to create PDFs and edit photos, pleased investors by reinventing itself as a subscription-software business. Its latest effort to keep pace with the times isn’t landing so well. Adobe this past week unveiled its largest-ever acquisition, agreeing to buy Figma, a little-known software startup that … Read more

Adderall Shortages Push ADHD Patients to Make Adjustments

Patients with attention-deficit hyperactivity disorder are having trouble filling prescriptions of Adderall and generic versions of the drug amid growing demand and a shortage of the medication, according to manufacturers, retailers and patients. Camber Clemence, from Fort Myers, Fla., hasn’t been able to get her prescription filled since June, which has forced her to make … Read more

Crispr Gene-Editing Drugs Show Promise in Preliminary Study

Intellia Therapeutics Inc. reported encouraging early-stage study results for its Crispr gene-editing treatments, the latest sign that the pathbreaking technology could result in commercially available drugs in the coming years. Intellia said Friday that one of its treatments, code-named NTLA-2002, significantly reduced levels of a protein that causes periodic attacks of swelling in six patients … Read more

Netflix Estimates Ad-Supported Tier Will Reach 40 Million Viewers by Late 2023

Executives from Netflix and its advertising partner, Microsoft Corp. MSFT 0.09% , have met with ad buyers in recent weeks, seeking to lock in deals ahead of a planned launch later this year. Netflix’s subscriber count fell for the first time in nearly a decade, causing its stock to post its worst one-day percentage decline … Read more

Verizon is ‘not going to throw away money’ to woo consumers with cheaper phones, CEO says

In a competitive market for wireless deals, Verizon Communications Inc.’s chief executive says the company is “not going to throw away money” on promotions. The company recently rolled out its deals for Apple Inc.’s AAPL, +0.96% new iPhone 14 line, offering existing customers up to $800 off a new phone, whereas rivals AT&T Inc. T, … Read more

SoftBank Considers Launching a Third Vision Fund

Global tech investor SoftBank Group Corp. is considering the launch of a new giant startup fund after ill-timed bets and massive losses weighed down two earlier attempts to dominate startup investing, according to people familiar with discussions at the company. The Tokyo-based tech conglomerate, by far the world’s largest startup investor in recent years, would … Read more

A Bad Year for Crypto Is a Really Bad One for Crypto Miners

Last year was harvest time for crypto miners. Now, they’re getting hit on all sides. Crypto prices are plunging. Miners’ electricity bills are surging. Practically no one wants to buy their equipment. It is a sharp turnaround from 2021, when crypto prices were soaring and many mining firms went on a mostly debt-funded buying spree … Read more