Elon Musk Seeks Greater Control Over Tesla Ahead of AI Advancements 
 

Elon Musk said in a post to X that he feels uncomfortable making Tesla a champion of artificial intelligence if he doesn't control about 25% of the company.

 
Apple Goes on the Offensive as iPhone Sales Slip in Its Biggest Overseas Market 
 

The company is offering rare discounts in China, including on its latest iPhones, in a bid to compete with high-end offerings from Samsung and Huawei.

 
Profits Comeback Paired With Rate Cuts Make a Powerful Mix 
 

Companies put the earnings recession further behind them in the fourth quarter, even as rates are set to start falling.

 
Shell Sells Nigeria Onshore Oil Business 
 

Shell agreed to sell its Nigerian onshore subsidiary to a consortium of five companies for up to $2.4 billion.

 
Global Battery Race Heats Up With Billions for Europe's Northvolt 
 

The startup plans to use the funding to expand battery production at a factory in northern Sweden for customers such as Volkswagen and BMW.

 
Goldman Sachs Earnings Are Due Today. What They Mean for the Stock. 
 

A shift away from retail could have a large impact on results.

 
John Deere, Meet Elon Musk: SpaceX Satellites to Link Farm Giant's Equipment 
 

Farm machinery maker hired SpaceX's Starlink service to provide satellite internet connections for tractors, harvesters and crop sprayers in remote areas.

 
Closing of Kroger, Albertsons, C&S Deal Postponed 
 

The proposed merger of U.S. grocery giants Kroger and Albertsons, and sale of assets to C&S Wholesale Grocers, will be later than previously anticipated as the companies continues discussion with regulators.

 
Rio Tinto Annual Iron Ore, Aluminum Output Rises 
 

Rio Tinto said it produced more iron ore, aluminum and copper last year than the year before, reaching annual targets as it ramped up new mining operations in Australia and Mongolia.

 
OpenAI Bans Use of AI Tools for Campaigning, Voter Suppression 
 

The maker of ChatGPT and Dall-E aims to prevent abuse and increase transparency.

(END) Dow Jones Newswires

January 16, 2024 07:00 ET (12:00 GMT)