News Highlights: Top Company News of the Day - Thursday at 11 AM ET

Boeing Finds Executives Got an Extra $500,000 in Perks by Flying on Private Jets 
 

A Boeing review found that Chief Executive David Calhoun and other top executives took personal trips worth more than $500,000 on the company's private jets and other planes that were improperly recorded as business travel.

 
Constellation Brands 4Q Sales Beat Estimates With Help from Beer Demand Strength 
 

The producer of Modelo Especial and Pacifico posted better-than-expected sales in its latest quarter as strength in its beer brands helped offset challenges faced among its wine and spirits portfolio.

 
Amazon CEO Touts AI Revolution While Committing to Cost Cuts 
 

In his letter to shareholders, Andy Jassy says generative AI could usher in the largest tech transformation since the Internet.

 
Spotify to Let Users Play DJ, Competing With Remixes on TikTok 
 

The audio streamer is developing tools that would make it easier for fans to create custom versions of their favorite music.

 
Netflix Needs to Put on Another Big Subscriber Show 
 

The streaming giant began a crackdown on password sharing last year, and investors are getting their hopes up for another subscriber-growth bonanza this year.

 
Banks Start Reporting Earnings This Week. Here's What To Expect. 
 

Big lenders raked in record profits in 2023, but are dealing with growing pressures this year.

 
Publicis Flags Tech Rebound as Revenue Growth Beats Expectations 
 

Publicis reported a 5.3% rise in first-quarter revenue, helped by new business wins and what it called a clear rebound in the technology sector.

 
X Received Inquiry From U.S. Lawmakers on Brazil Actions, Musk Says 
 

Social-media platform X has received an inquiry from U.S. lawmakers related to the company's continuing legal standoff with Brazilian authorities, Elon Musk said.

 
Lufthansa Halts Tehran Flights After U.S. Warns of Imminent Attack on Israel by Iran 
 

Lufthansa has halted flights to and from Tehran due to heightened security risks in the Middle East after the U.S. warned of possible Iranian attacks on Israel.

 
Singapore's Temasek Plans to Boost Investments in Europe 
 

Singapore's state-investment company Temasek plans to invest more in European companies focused on sustainability, pharmaceuticals and biotechnology to build up resilience in its portfolio.

(END) Dow Jones Newswires

April 11, 2024 11:15 ET (15:15 GMT)

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