News Highlights: Top Company News of the Day
19 December 2023 - 7:30AM
Dow Jones News
Amazon in Talks to Invest in Diamond Sports
The e-commerce giant would partner with Diamond on streaming as
part of a deal under discussion.
Adobe Scraps $20 Billion Acquisition of Figma
Adobe has called off its planned $20 billion acquisition of the
collaboration-software company Figma, weeks after a U.K. regulator
warned that the deal would likely harm innovation.
Nippon Steel to Acquire U.S. Steel for $14.1 Billion
The deal would combine steel giants in America and Japan. Shares
of U.S. Steel surged on the announcement.
Apple to Halt Watch Sales as It Prepares to Comply With U.S. Import Ban
The ban stems from a federal trade ruling over a blood-oxygen
sensor on some versions of the device.
Musk's X Faces Probe in Europe Over Handling of Illegal Content, Disinformation
The investigation is the first test of the EU's new
online-content law and comes amid heightened scrutiny over
social-media content related to the conflict in Israel and
Gaza.
The Suez Canal Becomes a New Front in Israel-Hamas Conflict
Oil giant BP has joined cargo shipowners in diverting vessels
from the critical Middle East route after attacks by Yemen's Houthi
rebels.
IBM to Buy Assets From Germany's Software
IBM said it will buy Software's webMethods and StreamSets
divisions for $2.3 billion.
Southwest Hit With $140 Million Penalty for 2022 Holiday Meltdown as It Prepares for Next Christmas Weekend
'It will never happen again. I promise you that,' Chief
Executive Bob Jordan said.
VF Corp. says cybersecurity breach may impact its business
Parent of Vans, North Face and Timberland said its ability to
fulfill online orders is being affected.
Games Workshop Strikes Deal With Amazon to Bring Warhammer Universe to Screens
Games Workshop has granted Amazon exclusive rights in relation
to films and television series for the Warhammer game.
(END) Dow Jones Newswires
December 18, 2023 15:15 ET (20:15 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.