News Highlights: Top Company News of the Day - Wednesday at 11 PM ET
25 January 2024 - 3:15PM
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."
SK Hynix Returned to Operating Profit for Fourth Quarter
The South Korea memory-chip maker returned to an operating
profit in the final quarter of 2023 on brisk demand for
artificial-intelligence chips and other higher-end products.
Fortescue Iron Ore Shipments Rise; Iron Bridge Output Estimate Cut
The world's fourth biggest producer of iron ore reported a 6%
lift in iron-ore shipments on quarter, but cut expectations for
annual exports from its new Iron Bridge operation.
Santos Flags More Costs for Barossa Gas Project
Oil-and-gas company Santos reported 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.
(END) Dow Jones Newswires
January 24, 2024 23:00 ET (04:00 GMT)
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