News Highlights: Top Company News of the Day - Friday at 3 AM ET
January 12 2024 - 3:30AM
Dow Jones News
Apple Directors Al Gore, James Bell to Retire
The former U.S. vice president had been a board member since
2003.
Burberry Cuts Guidance on Slowing Luxury Demand
Burberry cut its fiscal 2024 guidance after luxury demand slowed
further during December's key trading period.
The Onetime Auditor Brought In to Reinvent Gucci
The new CEO is making the trendsetting label more
understated-and trying to learn Italian, too.
EPA Calls on Telecom Executives to Meet About Lead-Sheathed Phone Cables
Agency reports finding more than 100 readings with elevated lead
near cables in 'high priority' probe; companies say their own tests
show low lead levels.
SEC Charges Future FinTech Group CEO Huang With Manipulative Trading
The SEC claims Huang bought more than 530,000 shares over a
two-month period and traded at a volume large enough to represent a
high percentage of the stock's overall daily volume.
Weight-Loss Drugs Don't Cause Suicidal Thoughts, FDA Says
Some patients and doctors had reported suicidal thoughts after
taking GLP-1s.
International Flavors & Fragrances Taps Fyrwald to Succeed Clyburn as Next CEO
Fyrwald most recently served as CEO of Syngenta.
After a Brief Hiatus, Apple Is the World's Most Valuable Company Again. For Now.
For a few hours on Thursday, Microsoft overtook Apple in market
value. Apple was back on top by the end of the day.
EBay to Pay $3 Million Penalty for Employees Sending Live Cockroaches, Fetal Pig to Bloggers
The harassment campaign, which involved a bloody pig mask and
live insects, was retaliation against critical coverage of the
company.
Microsoft Briefly Dethrones Apple as Largest U.S. Company
Microsoft's AI-powered stock rally briefly made the software
giant the largest U.S. company by market value on Thursday, before
Apple reclaimed the spot.
(END) Dow Jones Newswires
January 12, 2024 03:15 ET (08:15 GMT)
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