News Highlights: Top Company News of the Day - Friday at 3 AM ET
Monopoly Case Pits Justice Department Against Apple's Antitrust Winning Streak
The iPhone maker has fended off numerous legal challenges with a defense that its closed ecosystem is safer and better for users.
Samsonite Considering U.S. for Potential Second Listing
Luggage maker Samsonite is looking at the U.S. as a potential venue for a second listing, tapping investor appetite in a market that has been hitting new highs.
IAG Warns Air Europa's Consumers of Personal Data Leak
International Consolidated Airlines Group said personal data of Air Europa consumers has been compromised as a result of a security incident discovered in October.
Robinhood Co-Founder to Step Down as Creative Chief
Baiju Bhatt launched Robinhood with Vlad Tenev in 2013 and served as its co-chief executive until 2020, when he transitioned to chief creative officer.
Nike pivots its strategy, looks once again to outside retailers to drive sales
Amid faltering demand for shoes and clothing and slipping digital sales, Nike Inc. on Thursday said it will bank a lot more on the thing it has spent the past several years turning away from: other retailers.
Lululemon's stock drops on soft revenue forecast
Lululemon Athletica Inc.'s stock slumped 11% in after-hours trading Thursday after the retail company posted quarterly results that topped analysts' revenue and earnings estimates but offered light guidance.
FedEx Stock Jumps After Earnings Beat. The Economy Still Isn't Helping.
Investors got another quarter of success in controlling costs amid falling sales.
Reddit Shares Soar in Long-Awaited IPO
Reddit shares soared in their stock-market debut, an endorsement for the social-media company and a boost for other companies eyeing 2024 IPOs.
United and American Had the Most Baggage Handling Problems Last Year
A rise in lost and delayed luggage in 2022 led airlines to focus more on making sure your checked bags got to their destination. Not every airline got better.
Mustafa Suleyman Brings Knowledge and Past Controversy as He Joins Microsoft's AI Effort
The software giant is betting on the artificial intelligence pioneer's experience to bring the people and ideas it needs to stay ahead in the AI race.
(END) Dow Jones Newswires
March 22, 2024 03:15 ET (07:15 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
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