News Highlights: Top Company News of the Day
December 26 2023 - 3:15AM
Dow Jones News
AstraZeneca to Buy Gracell Biotechnologies
AstraZeneca has agreed to buy Gracell Biotechnologies for a
transaction value of $1.2 billion, as part of the former's efforts
to grow its cell therapies business.
Fog at Chicago's Midway Airport Scuttles Southwest Holiday Flights
The airline canceled hundreds of flights Sunday and more than
100 on Monday as it deployed a new strategy to deal with
weather-related fallout.
Chinese Gaming Stocks Rebound After Regulators Soften Stance
Chinese gaming stocks listed in Shanghai and Shenzhen rebounded
after regulators softened their stance on the latest proposal to
further tighten controls on online games.
Maersk to Resume Red Sea Shipments as Multinational Force Deploys
Moller-Maersk had paused shipping via the waterway that leads to
the Suez Canal after several attacks on its vessels.
Amazon Is a Go-To for Toilet Paper, Batteries. Can It Sell Cars?
The online retailer said car buyers will be able to finance and
purchase Hyundai vehicles on its platform starting next year.
Nelson Peltz Resigns From Wiesenthal Board Over Its Ben & Jerry's Tweet
The Jewish organization called for consumers to shun the
ice-cream maker following pro-Palestinian posts from its
chairman.
The Crypto Queen Pulling the Strings at Binance
Yi He, a former talk-show host, has sweeping control over the
crypto giant's marketing and investment divisions. She is also
founder Changpeng Zhao's longtime romantic partner.
Sam Altman's Knack for Dodging Bullets-With a Little Help From Bigshot Friends
The OpenAI CEO lost the confidence of top leaders in the three
organizations he has directed, yet each time he's rebounded to
greater heights.
Big Design-Software Companies Synopsys, Ansys in Talks to Merge
An acquisition by Synopsys of Ansys, which has a market value of
nearly $30 billion, could be struck early in 2024.
Cummins to Pay $1.7 Billion to Settle Claims It Skirted Engine-Emissions Rules
The fine would mark the largest payout for a Clean Air Act
violation.
(END) Dow Jones Newswires
December 26, 2023 03:00 ET (08:00 GMT)
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