News Highlights: Top Company News of the Day - Tuesday at 11 PM ET
17 January 2024 - 3:30PM
Dow Jones News
Fashion Giant Faces New IPO Hitch: China's Cybersecurity Police
Beijing is scrutinizing Shein's data handling for potential
national security risks, a move that could delay its planned share
sale.
Walt Disney Nominates 12 to Board of Directors, Says CEO Iger's Compensation Doubled in 2023
The rise in Iger's compensation was mainly due to stock awards,
the company said in a separate filing.
Judge Blocks JetBlue's $3.8 Billion Acquisition of Spirit
The judge agreed with the Justice Department that the deal would
eliminate a competitor important to price-conscious travelers.
Supreme Court Denies Petitions on Apple, Epic Appeals
Apple unveiled new App Store policies after the decision that
immediately drew ire from software makers.
Goldman Scores a Win With Sharply Higher Earnings
The strength wasn't in Goldman's traditional powerhouses,
investment banking and trading.
Morgan Stanley Earnings Didn't Look That Bad. The Stock Is Tumbling.
The company says results were affected by a settlement with
regulators over block-trading fraud charges and by a charge related
to an FDIC special assessment.
Wall Street's Cloudy Quarter Has Some Rays of Sunshine
Strength in capital raising can help boost banks in a tough
environment for lending.
Uber Is Closing an Alcohol-Delivery Business It Bought for Over $1 Billion
Drizly will shutter in March after it was acquired by Uber in
2021.
Boeing's stock enters bear market as FAA probe opens 'a whole new can of worms'
Boeing's stock kept falling Tuesday, enough to enter
"bear-market" territory, after a downgrade by Wells Fargo, which
said there's a good chance the FAA's investigation won't be
"clean."
Berkshire Buys Remaining 20% of Truck Stop Operator, Ending Dispute
Based on Berkshire's valuation a year ago, the sale could net
the Haslam family another $3 billion.
(END) Dow Jones Newswires
January 16, 2024 23:15 ET (04:15 GMT)
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