News Highlights: Top Company News of the Day
December 28 2023 - 5:15AM
Dow Jones News
Apple Can Restart Watch Sales as U.S. Court Pauses Ban
A U.S. appeals court temporarily lifted a federal agency's
import ban on Apple watch models while it weighs the company's
request to suspend the ban during litigation over patents.
SQM Strikes Lithium Deal With State-Run Miner Codelco
Chilean lithium company SQM has reached an agreement with
state-run miner Codelco to jointly produce the key
energy-transition metal that abounds in the country's desert salt
flats.
Singapore Fines Credit Suisse for Bankers' Misconduct
The Monetary Authority of Singapore imposed a $3 million penalty
on Credit Suisse for failing to prevent or detect misconduct by its
relationship managers.
New York Times Sues Microsoft and OpenAI, Alleging Copyright Infringement
The Times said the tech companies' AI tools use its content
without permission. The tech companies have said training AI with
web content is fair use.
Amazon's Prime Video to start showing ads on Jan. 29
Subscribers of Amazon's Prime Video have one more month before
they start seeing commercials -- or have to pay more to avoid
them
The Pandemic's E-Commerce Stars Are Coping
Online retailers that experienced dizzying growth in 2020 and
2021 are settling into their postpandemic reality.
Can Obesity Firms Continue Their Outperformance in 2024?
In pharma, a company can take a larger slice of the healthcare
pie than peers, but it is still constrained by the size of the
pie.
Williams Cos. to Buy Gulf Coast Natural Gas Storage Portfolio for $1.95 Billion
Energy infrastructure company Williams Cos. has inked a deal to
buy a portfolio of Gulf Coast natural-gas storage assets from an
affiliate of commodities-trading company Hartree Partners for $1.95
billion.
Hapag-Lloyd to Continue Avoiding Red Sea Route
German shipping company Hapag-Lloyd said it will continue to
avoid the Red Sea because it considers the area is still too
dangerous despite the U.S. and allies deploying naval ships to
deter further strikes by Houthi militants.
The Chip Wars Are Metastasizing
The fight for chip tech supremacy has begun to migrate into a
new area: how to package chips together to achieve better
performance.
(END) Dow Jones Newswires
December 28, 2023 05:00 ET (10:00 GMT)
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