Boeing Stock Stabilizes on 737 MAX 9 Progress. Don't Expect the Plane to Fly Soon. 
 

Alaska Air said Wednesday it will keep Boeing 737 MAX 9 planes grounded through Saturday, which affects 110 to 150 flights a day.

 
Amazon Misses EU Deadline for Concessions Over iRobot Deal 
 

Amazon.com missed a deadline to offer remedies to the European Union over its $1.7 billion acquisition of Roomba maker iRobot.

 
Chesapeake, Southwestern to Merge as New Gas Behemoth 
 

The $7.4 billion all-stock transaction will create one of the U.S.'s largest natural-gas producers and is the latest in a flurry of energy deals.

 
Hertz cites weak demand, high damage costs in decision to downsize EV fleet 
 

EV demand remains weak and collision and damage costs are high.

 
Hewlett Packard Hopes Time Is on Its Side With Juniper 
 

Tech deals are taking longer to close, which may give HPE time to get investors on board with the acquisition.

 
Microsoft Stock Closer to Toppling Apple. Wall Street's Betting It Will Happen. 
 

The battle is on for which tech giant is the most valuable listed U.S. company.

 
Google Trims Hundreds of Jobs as It Marshalls Resources for AI 
 

The cuts affect employees in divisions including hardware and internal software tools.

 
Citigroup Taking Charges on Argentina, Russia and Its Restructuring 
 

The bank's profit will be hit by $1.3 billion in reserves and $780 million in severance charges.

 
KB Homes Reports Lower Revenue But Sees Demand Picking Up Ahead 
 

KB Home's fourth-quarter home deliveries surpassed expectations, but dropped 10% from a year ago. And the average home selling price fell to $487,300, from $510,400 a year ago.

 
Seven & i to Acquire Most of Sunoco's Convenience Store, Gasoline Retail Businesses 
 

Seven & i Holdings' U.S. subsidiary will acquire most of Sunoco's convenience store and gasoline retail businesses for $950 million.

(END) Dow Jones Newswires

January 11, 2024 09:15 ET (14:15 GMT)