News Highlights: Top Company News of the Day - Thursday at 1 AM ET

Oracle to Invest $8 Billion in Cloud Services in Japan 
 

The U.S. computer technology company said the investment will meet the growing demand for cloud computing and artificial intelligence infrastructure in the world's fourth-largest economy.

 
TikTok Ban Measure Attached to House Foreign Aid Bill, Boosting Odds of Passage 
 

The legislation would extend the sale period for the popular Chinese-controlled app in the U.S. to seek new owners.

 
BHP Maintains Annual Guidance as Third-Quarter Iron-Ore Production Falls 7% 
 

BHP Group maintained its annual iron-ore production guidance after third-quarter volumes fell by 7% compared with the prior three months.

 
Esprit Shares Gain on Deal for Possible Private Equity Injection 
 

Esprit shares surged after the troubled fashion retailer said it was on the cusp of winning investment from an international private-equity group.

 
Santos's Oil, Natural Gas Output Fell 7% in First-Quarter 
 

Santos said its oil and natural gas production fell by 7% in its latest quarter, after its operations were disrupted by bad weather and planned maintenance.

 
Google Fires 28 Employees for Protesting Company's Cloud Deal With Israel 
 

A joint contract with Amazon has drawn the ire of tech workers.

 
Inside Amazon's Secret Operation to Gather Intel on Rivals 
 

Staff went undercover on Walmart, eBay and other marketplaces as a third-party seller called 'Big River.' The mission: to scoop up information on pricing, logistics and other business practices.

 
23andMe CEO Anne Wojcicki Plans to Take Company Private 
 

The intentions, revealed in a public filing, come after the once-hot company's share price closed at a new low and its enterprise value falls below zero.

 
New Maui Fire Report Shows the Role Hawaiian Electric Power Line Played in Deadly Blaze 
 

Hawaii attorney general's report offers details about high winds and a downed power line on the day catastrophic flames engulfed Lahaina on Maui last summer.

 
Boeing's Quality Complaints Mount as Another Whistleblower Comes Forward 
 

Congressional hearings on Wednesday examined the plane maker's safety practices.

(END) Dow Jones Newswires

April 18, 2024 01:15 ET (05:15 GMT)

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