News Highlights: Top Company News of the Day - Friday at 7 PM ET
FTC Seeks More Information on $16.5 Billion Novo-Catalent Deal
The request signals that the agency is reviewing whether the deal could be anticompetitive under U.S. law.
Whirlpool says it's planning additional layoffs under restructuring plan
Whirlpool Corp. said Friday that it plans additional layoffs to the 1,000 it announced as part of a global restructuring plan in late April.
EV Makers Get Two-Year Reprieve on Tax-Credit Restrictions
The Treasury Department has extended eligibility for cars containing Chinese graphite through 2026.
Exxon Completes $60 Billion Pioneer Natural Resources Acquisition
Exxon Mobil has completed its $60 billion acquisition of rival Pioneer Natural Resources after reaching an agreement with antitrust regulators, closing out the largest oil-and-gas deal in decades.
Bombardier Sets Course Beyond Jet Making for Future Growth
The Canadian business-jet manufacturer said it plans to focus on three segments-defense, aftermarket services and selling pre-owned certified aircraft-as key pillars to grow its revenue and cash reserves in the coming years.
AI Could Breathe Life Back into Apple's iPhone Sales
Apple - and investors - are looking to artificial intelligence to breathe new life into its offerings, particularly as iPhone sales continue to sputter.
Amgen Stock Is Having Its Best Day Since 2009. Why Wall Street Is Excited About Its Weight-Loss Drug.
The company is trying to carve a niche in a rapidly growing obesity-drug market that's currently dominated by Eli Lilly and Novo Nordisk.
Hershey's beats on earnings as Reese's Caramel, Dot's Pretzels boost sales
"We are off to a strong start and remain on track to deliver our business strategies and financial commitments for the year," the company's CEO said Friday.
Puig Shares Jump on Debut
Shares of Jean Paul Gaultier owner Puig rose sharply above the listing price on their trading debut in Spain after the world's biggest initial public offering so far this year.
HSBC's Green Credentials Come Under Fresh Scrutiny
Activist shareholders are pressing the Asia-focused bank to clarify plans to spend up to $1 trillion on sustainable finance in the coming years.
(END) Dow Jones Newswires
May 03, 2024 19:15 ET (23:15 GMT)
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