News Highlights: Top Company News of the Day - Wednesday at 7 PM ET
25 January 2024 - 11:15AM
Dow Jones News
FAA Clears Path for Boeing 737 MAX 9 to Resume Flying
The agency will allow Alaska Airlines and United Airlines to
inspect jets and fly them again after a door-plug blowout.
Tesla Projects Slower Growth in 2024
The electric-car maker reported net income doubled in the fourth
quarter, largely due to a one-time tax, while operating profits
were down.
IBM Reports Mixed Earnings, Surge in AI Demand
CEO Arvind Krishna said in an interview that he sees no systemic
issues and feels "really good about 2024."
Fortescue Iron Ore Shipments Up 6% On-Quarter; Iron Bridge Output Estimate Cut
The producer of iron ore The world's fourth biggest producer of
iron ore said it shipped 48.7 million metric tons of the steel
ingredient in the three months ended Dec. 31.
Santos Flags More Costs for Barossa Gas Project
Oil-and-gas company Santos said fourth-quarter production rose
slightly on-quarter in what was a strong finish to 2023, but
flagged that its Barossa gas project would require additional
investment before production begins.
EquiLend, a Securities Lending Platform, Hit by Cyberattack
Hackers disrupt operations at key node of multitrillion-dollar
market; company says restoring affected systems 'may take several
days.'
Boeing chief says company flies 'safe planes' as he meets U.S. lawmakers
Boeing's chief executive on Wednesday said the company doesn't
fly airplanes that aren't safe, as he arrived on Capitol Hill for
meetings with U.S. lawmakers amid scrutiny of the aviation
giant.
Hewlett Packard Enterprise Suffered Cyber Breach Over Months Last Year
In a regulatory filing, the company said it suspected the
Russia-sponsored Midnight Blizzard group of the intrusion, which it
said had been addressed.
Abbott Laboratories Stock Is Down. Earnings and Sales Aren't the Problem.
Abbott, a maker of healthcare products, posted fourth-quarter
earnings in line with expectations, and beat sales estimates.
Lucky Bucks Trustee Sues New Management, Seeking to Revoke Bankruptcy Plan
Slot machine operator sat on information about fraud, over which
the new management has filed a multimillion-dollar lawsuit in a
Georgia state court.
(END) Dow Jones Newswires
January 24, 2024 19:00 ET (00:00 GMT)
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