News Highlights: Top Company News of the Day - Monday at 1 AM ET
15 January 2024 - 5:30PM
Dow Jones News
Boeing Faces Longer Wait to Resume MAX Deliveries in China
More safety checks are being planned on the undelivered planes
following the Alaska Airlines blowout.
'This Has Been Going on for Years.' Inside Boeing's Manufacturing Mess.
Outsourcing worried engineers and sparked battles over quality
before a door plug blew out on an Alaska Airlines plane
midflight.
Chevy Blazer Troubles Add to GM's EV Growing Pains
General Motors halted sales of the new SUV, citing software
problems. The automaker also has had issues with its other new
electric vehicles.
Renting Clothes Was Supposed to Be the Future of Fashion. Then Shoppers Got Bored.
Rent the Runway and Stitch Fix are adapting their business
models to retain consumers as needs and tastes have changed.
Biggest U.S. Renewable Project Under Way, Finally
The sluggish timeline for a New Mexico wind and power
transmission project is a problem for the Biden administration as
it seeks 100% clean electricity by 2035.
The CEO Who Gave 60,000 Employees His Cellphone Number
In his quest to transform Adidas, Bjørn Gulden is pushing staff
at the sneaker and apparel maker to break rules and ignore
consultants.
Americans' Finances Defied the Skeptics, Bank Earnings Show
JPMorgan, Bank of America, Wells Fargo and Citigroup together
earned $104 billion in 2023, up 11% from a year earlier.
A Potential Mega-IPO Is in U.S.-China Crosshairs
Shein's listing plans likely depend on the fashion giant's
ability to satisfy Beijing and Washington.
Citigroup Plans to Cut 20,000 Jobs
The reductions will amount to about 10% of the bank's workforce,
excluding a Mexico business, marking the next phase of its most
dramatic restructuring plan in decades.
BlackRock to Buy Infrastructure Firm for $12.5 Billion
The acquisition of Global Infrastructure Partners, a
private-equity firm focused on infrastructure, would be BlackRock's
largest in 15 years.
(END) Dow Jones Newswires
January 15, 2024 01:15 ET (06:15 GMT)
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