News Highlights: Top Company News of the Day - Monday at 1 AM ET
Musk Courts Chinese Officials to Seek Approval for Tesla's Self-Driving Technology
His visit to Beijing on Sunday comes as the electric-vehicle maker struggles with flagging demand.
AIA to Increase Shareholder Returns on Record New Business Value
The 31% increase in the value of the insurer's new business prompted it to increase its payout to shareholders and announce additional share buybacks.
TPG Telecom Agrees to Regional Network Sharing Deal With Optus
TPG Telecom will pay Optus about $653.2 million to use its rival's mobile infrastructure in regional Australia after regulators blocked an earlier plan to share with Telstra.
Ukraine Aid Lifts Defense Industry as Debate Over Profits Reignites
A long-delayed $95 billion package supports shells, missiles and drones for three countries, boosting defense companies, as scrutiny grows on share buybacks.
How TikTok Lost the War in Washington
Coordinated efforts by its critics and missteps by the company led to the law forcing a sale or ban of the popular app.
California Fast-Food Chains Are Now Serving Sticker Shock
A month after a higher state minimum wage for fast-food workers went into effect, consumers picking up burgers and burritos at chains in the Golden State grapple with prices rising at a faster clip than in other states.
Northrop's Rocket Fuel Factory Is Slow to Take Off
The missile supplier built a factory in Utah to produce a key chemical. So far it has struggled to take off.
Adam Neumann, Rebuffed by WeWork, Asks Bankruptcy Court to Block Lender Plan
The former chief executive and co-founder of WeWork says it stonewalled his bid, which the company denied.
You Know LVMH for Its Luxury Bags. It's Also a Titan of Real Estate.
The parent of Louis Vuitton and Dior is buying up real estate to control its brands. It is changing city centers from New York to Miami, Paris to Montreal.
Exxon, Chevron Earnings Fall Back to Earth
The oil companies are still printing big profits, but their postpandemic run of record earnings is slowing down.
(END) Dow Jones Newswires
April 29, 2024 01:15 ET (05:15 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
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