News Highlights: Top Company News of the Day - Tuesday at 7 PM ET
January 09 2024 - 7:30PM
Dow Jones News
Hewlett Packard Enterprise to Buy Juniper Networks For $14 Billion
The combination would shift HP Enterprise's portfolio mix toward
higher-growth services.
Alaska Airlines Blowout Reveals Cockpit Door Vulnerability on Boeing Jet
The door was designed to open during a decompression incident
but the plane's manual didn't say so. Many experts didn't know
either.
Walmart Expands Drone Delivery in Dallas as It Races Amazon
Walmart plans to offer drone delivery to most of the region this
year, a major expansion of its effort in recent years to provide
the delivery option to some customers in several states.
U.S. Battery Producer Enticed to Set Up Shop in the EU
GDI's silicon anodes can help cut reliance on Chinese materials,
but the startup plans to build its first factory in Germany with EU
funding.
BlackRock to cut 3% of its staff amid a 'rapidly changing' market environment
Investment-management giant BlackRock Inc. plans to lay off
around 3% of its staff, or around 600 employees, the company said
on Tuesday, amid what executives described as a "rapidly changing"
economic backdrop and shifts in client demands.
Article on Ackman's Wife Triggers Tensions Between Business Insider and Owner
Axel Springer said it is reviewing motivations and procedures
behind an article detailing plagiarism accusations against Neri
Oxman, who has apologized for some instances BI cited.
X Introduces Shows With Don Lemon, Tulsi Gabbard, Jim Rome Amid Video Push
Platform CEO Linda Yaccarino is drawing on her TV roots to try
to turn around the business.
Rite Aid Approved to Sell Elixir Business for $575 Million
Bankrupt drugstore chain sells its pharmacy-benefit manager
business to a strategic buyer.
Sonos Names Apple Executive Saori Casey as Next Finance Chief
Casey has served in her role at Apple for nearly 13 years,
according to LinkedIn.
Rent the Runway to Cut About 10% of Corporate Jobs, Lose Operating Chief
The fashion subscription company has established another
restructuring plan that includes cutting about 10% of its corporate
roles, or 37 employees.
(END) Dow Jones Newswires
January 09, 2024 19:15 ET (00:15 GMT)
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