News Highlights: Top Company News of the Day - Thursday at 9 AM ET
Ford Motor Delays Launch of New EV to Let Market Further Develop
Ford Motor said it is delaying the launch of a new three-row electric vehicle, which will buy time for the consumer market for EVs to further develop.
Alaska Air Receives $160 Million From Boeing
The sum represents initial compensation to make up for lost profits due to January's midair blowout of a door plug.
Tesla Is Boosting AI Engineer Pay in Talent War, Musk Says
Tesla is raising compensation for its artificial intelligence engineers in a bid to ward off poaching from the likes of OpenAI, according to Chief Executive Elon Musk.
Nelson Peltz's Disney Consolation Prize: A $300 Million Gain
Trian Partners lost its bid for board seats, but profited on its investment.
Spotify Taps Saab Executive Christian Luiga as New CFO
The newly appointed finance chief will join the music-streaming platform in the third quarter.
Costco jumps on the weight-loss bandwagon with $179-for-three-months program
Other companies now offering access to the popular new class of weight-loss drugs include WW International Inc., the company formerly known as Weight Watchers International.
Airbus Stratospheric Drone Business Open to IPO
An Airbus unit developing high-altitude drones that offer mobile connectivity and Earth observation services could consider an initial public offering after it launches commercial operations in the coming years, its chief executive said..
Kering Buys Historic Property in Milan Fashion District
Gucci owner Kering is buying a historic building in Milan's fashion district for roughly $1.4 billion, expanding its presence in one of the world's most iconic avenues.
LG's Ruling Family Loses Bid to Reduce 50% Inheritance-Tax Bill
A Seoul rejected an attempt by the Koo family to recoup a sliver of their roughly $735 million payment.
Apple Isn't Making an EV, but Chinese Phone Makers Are Showing They Can
The tech heavyweights looking to electric vehicles for their second act are jumping into a brutal price war.
(END) Dow Jones Newswires
April 04, 2024 09:15 ET (13:15 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
For Bond Investors, Delayed Rate Cuts Demand a Different Playbook
-
What’s Happening In the Markets This Week
-
How the Tokyo Stock Exchange Is Pushing for Better Shareholder Returns
-
Magnificent 7 Stocks Earnings Updates: AI Remains the Focus
-
Where We See Opportunities After an Ugly Month for Stocks
-
After Earnings, Is Alphabet Stock a Buy, a Sell, or Fairly Valued?
-
When Will the Fed Start Cutting Interest Rates?
-
What’s the Difference Between the CPI and PCE Indexes?
-
10 Questions for Berkshire Hathaway’s 2024 Annual Meeting
-
After Earnings, Is Ford Stock a Buy, a Sell, or Fairly Valued?
-
3 Dividend Stocks for May 2024
-
Amgen Earnings: Obesity Drug Update Is Highly Encouraging
-
What’s Going on With Apple, Tesla, and Alphabet?
-
Apple Earnings: A Weak 2024, but Optimism for 2025
-
4 Utility Stocks to Play the AI Data Center Boom
-
Albemarle Earnings: We Expect Improved Results In the Rest of Year Following Cyclically Low Profits