News Highlights: Top Company News of the Day
December 22 2023 - 4:15AM
Dow Jones News
White House Says $14.1 Billion U.S. Steel Sale Deserves 'Serious Scrutiny'
Under the deal, Japan's Nippon Steel would acquire one of
America's most storied industrial enterprises.
Nike Sends Warning About Slowing Consumer Spending
Sneaker giant cuts revenue outlook and outlines cost-cutting
plan to save up to $2 billion
Sumitomo Life to Buy Singapore Insurer in S$4.6 Billion Deal
Sumitomo Life Insurance has agreed to buy Singapore Life
Holdings in a deal that will value the homegrown insurer at 4.6
billion Singapore dollars (US$3.47 billion).
This Retailer Launched Last Year and It's Shipping a Million Packages a Day
Newcomer Temu and Shein are targeting bargain hunters and
benefit from lower shipping costs by sorting packages in China.
Chinese Game Stocks Fall After China Proposes Online-Game Regulations
Chinese gaming stocks traded in Hong Kong dropped after Beijing
released draft regulations for the online game industry which
included restrictions on the incentives to play or spend more
online.
Elon Musk tells Cathie Wood he wants to make X a 'giant brain' and financial platform
Musk spoke in a wide-ranging, 100-minute interview with Cathie
Wood, chief executive of investment-management firm ARK Invest, on
X's Spaces app Thursday.
Activision and California Agency File Settlement of Gender Discrimination Claims
State withdraws claims of sexual harassment as Activision agrees
to pay nearly $55 million while denying wrongdoing.
Energy Company Hess Agrees to Pay Up to $187 Million to Settle Asbestos Claims
With the deal, a bankrupt Hess subsidiary is on its way to exit
chapter 11.
Warner and Paramount CEOs Discussed Possible Merger of Companies
Warner Bros. Discovery CEO David Zaslav met Paramount CEO Bob
Bakish and discussed a possible merger between the media giants,
people familiar with the matter said-a deal that would unite some
of Hollywood and cable's biggest brands.
U.K. Serious Fraud Office Must Pay Mining Company After Botched Corruption Probe
A court found the agency committed a 'serious breach' when it
privately conferred with a lawyer representing ENRC.
(END) Dow Jones Newswires
December 22, 2023 05:00 ET (10:00 GMT)
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