Evergrande posts losses of $81 billion over two years as it reports long-delayed results

View in Browser July 18, 2023 Dow 34,951.93 1.06% S&P 500 4,554.98 0.71% NASDAQ 14,353.64 0.76% Last updated July 18 at 4:59 PM ET     Evergrande posts losses of $81 billion over two years as it reports long-delayed results Evergrande Group, the world's most indebted property developer, has posted long-delayed financial results as a key part of its debt restructuring, which is shaping up to be one of the largest in Chinese corporate history.    Read full article   Tesla directors will return $735 million to company to settle shareholder suit Tesla directors will return $735 million to the company to settle claims they grossly overpaid themselves in one of the largest shareholder settlements of its kind, according to a Monday filing in a Delaware court.    Read full article   US startups are having a bad year. Relief isn't coming US stocks are climbing and second quarter corporate earnings are coming in strong (so far, at least). Investors on Wall Street are optimistic.    Read full article   The battle for the 'Taco Tuesday' trademark is over Taco John's, the regional chain that has "Taco Tuesday" trademarked, announced Tuesday that it's ending its fight in defending the phrase and will "abandon" it because it doesn't want to pay the legal fees that come with a fight against Taco Bell.    Read full article   Video: See how drones are monitoring whale behavior Tagging and tracking whales allows us to better understand them, but these practices can also frighten the animals. Dr. Ian Kerr and the team at Ocean Alliance have developed new techniques to overcome these problems using cutting-edge technology.    Read full article   Peacock is getting its first-ever price hike Peacock, the NBCUniversal-owned streaming service, is getting its first-ever price hike.    Read full article   Today's movers ICAD 3.59 74.27% iCAD, Inc. EVLO 5.74 61.69% Evelo Biosciences, Inc. BPTS 3.11 40.72% Biophytis SA ADR GRRR 2.32 39.11% Gorilla Technology Group, Inc. LIXT 5.16 31.47% Lixte Biotechnology Holdings, Inc. APLS 40.00 23.75% Apellis Pharmaceuticals, Inc. Last updated July 18 at 4:00 PM ET Have feedback? We'd love to hear from you. Send your questions and feedback to marketsnow@cnn.com MARKETS NOW You are receiving this email because you signed up for updates from Markets Now.   No longer want to receive these updates? Unsubscribe. Interested in more? See all of our newsletters.   Create CNN Account | Listen to CNN Audio | Download the CNN App    ® © 2023 Cable News Network, Inc. A Warner Bros. Discovery Company. All Rights Reserved. One CNN Center Atlanta, GA 30303