News Highlights: Top Company News of the Day - Wednesday at 9 PM ET
25 January 2024 - 1:30PM
Dow Jones News
FAA Puts Limits on Boeing 737 Output, Clears Path for Grounded Jets to Fly
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 as EV Demand Softens
The electric-car maker reported net income doubled in the fourth
quarter, largely due to a one-time tax benefit, 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.'
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.
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.
$120,000 Cash and VIP Access: How a Bookie Brought Down a Las Vegas Executive
MGM Resorts agrees to pay about $7.5 million in fines related to
anti-money-laundering failures.
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.
(END) Dow Jones Newswires
January 24, 2024 21:15 ET (02:15 GMT)
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