Fintech Startup Acorns Plans to Go Public in $2 Billion SPAC Deal 
 

A merger deal with a special-purpose acquisition company values Acorns Grow at about $2.2 billion, according to people familiar with the matter.

 
HSBC to Exit Most U.S. Retail Banking 
 

The bank will stop serving mass-market individual customers and smaller businesses in the U.S., as it shifts its focus to wealth management and international banking, especially in Asia.

 
Former WeWork Chief's Gargantuan Exit Package Gets New Sweetener 
 

Nearly two years ago, SoftBank sought to part ways with WeWork co-founder Adam Neumann when it bailed out the shared-office company. It hasn't been an easy divorce.

 
Boeing to Pay FAA Penalties Tied to 737 Jet Production 
 

A $17 million settlement comes as the agency has increased scrutiny of the aircraft maker's manufacturing.

 
Blink Charging Taps Cash Pile in Electric Car Bet 
 

The Miami Beach, Fla.-based company, which owns, operates and supplies charging stations, raised about $221.4 million in the January offering, taking advantage of investor enthusiasm for green stocks. The share sale expanded Blink Charging's cash balance by roughly eightfold.

 
Administration Taps Private Sector to Invest in Central America 
 

Vice President Kamala Harris is set to unveil agreements with Microsoft, Mastercard and others as part of an effort to ease a surge of migrants at the southern border.

 
Prepare for Rapid Air Travel Rebound, Airbus Tells Industry 
 

The plane maker laid out a long-term plan to return aircraft production to pre-pandemic levels, putting its suppliers and customers on notice that it is betting air travel, and jet demand, will bounce back quicker than others expect.

 
Facebook Ends Ban on Posts Asserting Covid-19 Was Man-Made 
 

Facebook has ended its ban on posts asserting Covid-19 was man-made or manufactured, reflecting a deepening debate over the origins of the pandemic.

 
Airbus Boosted by Revised Production Plans 
 

Airbus shares rose more than 6% after the plane maker told suppliers to prepare for a ramp-up in production as it struck an upbeat tone on the recovery of the aviation industry from the coronavirus pandemic.

 
Covid-19 Treatment From Vir, GlaxoSmithKline Is Authorized 
 

The third antibody therapy cleared by the FDA is the latest option for treating patients early in the course of the disease so they can avoid hospitalization.

(END) Dow Jones Newswires

May 27, 2021 09:15 ET (13:15 GMT)