News Highlights: Top Company News of the Day
January 01 2024 - 2:15PM
Dow Jones News
Electric Scooter IPO to Test Enthusiasm for India's EV Story
The listing will likely draw significant interest from
investors, but there could be some speed bumps ahead for the
budding market.
Auto Insurers Can Go With the Flo
With repair-cost inflation moving in the right direction, car
insurers might have a better drive ahead of them in 2024.
How IKEA Downsized to Go Downtown
The furniture giant is opening compact, city-center stores but
finding the optimal formula for the new, smaller shops hasn't been
easy.
Volkswagen's Elusive Quest to Make an EV for the Masses
The German automaker behind iconic models such as the Beetle is
trying to find similar success in the EV market.
Delta Throttles Back on Pilot Hiring
The airline plans to hire roughly half as many pilots next year
as it did in 2023, the latest sign that a hiring spree is starting
to slow.
Hermès Shines in a Scruffy Luxury Market
Demand for the French brand's products is booming, thanks in
part to an unusual strategy, as rivals struggle.
Trane Technologies Affiliates to Remain in Chapter 11, Judge Rules
A bankruptcy judge is allowing U.S. affiliates of Irish air
conditioning manufacturer Trane Technologies to remain in
bankruptcy, denying a request from asbestos-injury claimants to
dismiss the cases created through a controversial strategy known as
the Texas Two-Step.
Carmakers Are Drowning in Cash
More stock buybacks are in the cards after another profitable
year for companies that make gas guzzlers, but that won't cure
their EV-related pains.
Fisker's stock soars as EV maker to announce plan to boost sales, deliveries
Fisker's stock surged Friday, after the electric vehicle maker
said it will announce in January a plan to accelerate sales and
deliveries.
UnitedHealth Group to Sell Operations in Brazil
UnitedHealth Group has agreed to sell its operations in Brazil
to a private investor.
(END) Dow Jones Newswires
January 01, 2024 15:00 ET (20:00 GMT)
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