News Highlights: Top Company News of the Day
09 February 2023 - 03:30AM
Dow Jones News
Uber Posts Higher Revenue and Adjusted Profit
The ride-hailing company beat Wall Street estimates and
projected accelerated bookings growth.
CVS Reaches $10.6 Billion Deal to Buy Oak Street Health
The all-cash deal would widen CVS's healthcare offerings and is
the latest sign of the growing tie-ups between health insurers and
primary-care doctors.
Biggest Shipping Companies Signal Global Trade Slowdown
Maersk, one of the world's largest ocean-freight companies,
became the latest company to showcase how global trade has slowed
through the Covid-19 pandemic.
Google Rolls Out New AI Search Features
The Alphabet unit described new types of search results days
after it opened Bard, an artificial-intelligence service, to
testing.
Fox Quarterly Revenue Rises 4%, Boosted by World Cup, NFL
Higher political advertising and growth of streaming service
Tubi also boosted the company's top line.
New York Times Adds 240,000 Digital Subscribers
Company expects digital-ad revenue to shrink amid "tough
market."
Microsoft's Activision Deal Handed Setback by U.K. Regulator
U.K. antitrust regulators said the proposed $75 billion
acquisition would further consolidate what it called Microsoft's
strong position in cloud gaming.
Guns Offered for Sale in Facebook Groups Devoted to Religious Extremists in India
Facebook rejected complaints about the posts violating the
company's rules, then later took the posts down.
Adani Stocks Extend Recovery After Steep Slide
Most shares of companies in the Indian conglomerate climbed,
continuing a rebound in the group's combined market value.
Warner Bros. Discovery to Keep Discovery+, in Strategy Shift
The decision reflects concerns that some Discovery+ subscribers
might not want to move to a bigger and pricier platform.
(END) Dow Jones Newswires
February 08, 2023 11:15 ET (16:15 GMT)
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