News Highlights: Top Company News of the Day - Wednesday at 1 AM ET
January 17 2024 - 1:30AM
Dow Jones News
Chinese EV Shares Slump, Pressured by Tesla Price Cuts, Weak Sales
Shares of Chinese electric-vehicle makers fell sharply amid
intensified competition after Tesla cut prices again in China and
weak sales in January so far.
Fashion Giant Faces New IPO Hitch: China's Cybersecurity Police
Beijing is scrutinizing Shein's data handling for potential
national security risks, a move that could delay its planned share
sale.
More Companies Decide Silence Is Golden When Going Green
Climate-conscious companies worldwide are retreating from
publicizing green goals, amid heightened scrutiny from authorities
and investors over inflated claims, a new report showed.
Walt Disney Nominates 12 to Board of Directors, Says CEO Iger's Compensation Doubled in 2023
The rise in Iger's compensation was mainly due to stock awards,
the company said in a separate filing.
Judge Blocks JetBlue's $3.8 Billion Acquisition of Spirit
The judge agreed with the Justice Department that the deal would
eliminate a competitor important to price-conscious travelers.
Supreme Court Denies Petitions on Apple, Epic Appeals
Apple unveiled new App Store policies after the decision that
immediately drew ire from software makers.
Berkshire Buys Remaining 20% of Truck Stop Operator, Ending Dispute
Based on Berkshire's valuation a year ago, the sale could net
the Haslam family another $3 billion.
Wall Street's Cloudy Quarter Has Some Rays of Sunshine
Strength in capital raising can help boost banks in a tough
environment for lending.
Charles Schwab Earnings Could Show Whether It's Putting Its Problems Behind It
Schwab closes the books on challenging 2023. Here's what
investors will be looking for to see whether the year ahead will be
better.
Goldman Scores a Win With Sharply Higher Earnings
The strength wasn't in Goldman's traditional powerhouses,
investment banking and trading.
(END) Dow Jones Newswires
January 17, 2024 01:15 ET (06:15 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.