News Highlights: Top Company News of the Day
04 February 2023 - 07:30AM
Dow Jones News
Activist Ryan Cohen Targets a Familiar Foe at Nordstrom
Activist investor seeks to oust Mark Tritton-who was also his
focus at Bed Bath & Beyond-from Nordstrom's board.
Ford Shares Slip After Company Highlights Execution Issues
Analysts say that the auto maker must prove it can realize its
plans.
FTC Prepares Possible Antitrust Suit Against Amazon
The potential lawsuit could target an array of Amazon's business
practices as anticompetitive, according to people familiar with the
matter.
Washington Property Linked to FTX Customer Funds Pulled From Market
A Capitol Hill townhouse that FTX's new management believes was
bought with customer funds had been listed for about $3.3
million.
Veterans Suing Over 3M Earplugs Want Bankruptcy Case Tossed
Plaintiffs say a ruling on the Johnson & Johnson talc case
supports their opposition to 3M's plan for settling claims.
Twitter Tries Super Bowl 'Fire Sale' to Win Back Advertisers
In an email touting the deal, Twitter is offering $250,000 in
free ad space to advertisers that spend as much on the social-media
platform.
Gautam Adani's Wealth Almost Halved by Stock-Price Plunge
The Indian industrialist's net worth has declined by $58 billion
since the publication of a report by a U.S. short seller.
Jurors in Elon Musk Trial Over Tesla Tweets Hear Closing Statements
Jurors in the federal trial over the CEO's 2018 tweets proposing
to take Tesla private hear closing statements before deliberating
on a verdict.
Activision Blizzard Paying $35 Million to Resolve SEC Investigation
Activision Blizzard agreed to pay $35 million to settle
regulatory claims tied to its process for deciding how its
disclosures to investors should reflect employee complaints about
workplace misconduct.
Gucci Parent Kering Taps Estee Lauder Executive for Beauty Push
The luxury giant has tapped Raffaella Cornaggia, a senior Estee
Lauder executive, to lead a new beauty division, as it looks to
expand in cosmetics and perfumes.
(END) Dow Jones Newswires
February 03, 2023 15:15 ET (20:15 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.