News Highlights: Top Company News of the Day
September 29 2022 - 6:15AM
Dow Jones News
Brookfield Buys U.S. Renewable Developers for $1.5 Billion
The deals for Scout Clean Energy and Standard Solar will add a
flood of cash into the renewable energy sector despite market
volatility.
Porsche Shares Trade Almost 2% Above IPO Price in Debut
Shares have been supported by investors who missed out in one of
Europe's biggest initial public offerings.
Investors Put a Price on Credit Suisse's Salvation
Can the bank's shares go even lower? The answer depends on how
much capital it will need to raise to execute its turnaround
plan.
Chinese EV Maker Leapmotor Flops in Hong Kong Market Debut
Leapmotor's shares tumble more than a third from their IPO
price, while property-services firm Onewo also falls on its first
trading day.
Chevron Sells Global Headquarters in California Amid Texas Expansion
The oil company closed the sale of its Chevron Park campus in
San Ramon, Calif., its global headquarters for two decades, and
plans to move into a nearby leased space about one-third of the
size.
Tesla Adds Airbnb Co-Founder Joe Gebbia to Board of Directors
The addition brings the electric-vehicle maker's board size back
to eight seats.
Tyson Overhauls Management as Meat Giant's Profits Are Pressured
As beef profit margins come off high levels, Tyson changes
executives heading finance, prepared foods and international
operations.
Smith & Wesson Sued by Families of Highland Park Shooting Victims
The civil lawsuits also name a gun retailer, gun dealer, the
accused shooter and his father
Amazon Raises Pay for Hourly Employees as It Prepares for Holidays
Average starting pay for warehouse employees to increase from
$18 to $19 an hour.
Australia Withdraws Threat of Gas-Export Curbs After Deal With Producers
Energy companies committed to direct more natural gas to
Australian consumers when shortages flare, neutralizing a threat
that the government would impose caps on exports to Asia and other
major markets.
(END) Dow Jones Newswires
September 29, 2022 07:00 ET (11:00 GMT)
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