News Highlights: Top Company News of the Day
January 05 2024 - 8:15AM
Dow Jones News
Tesla Recalls 1.6 Million Cars in China to Make Autopilot Fixes
The car maker's biggest recall in the country follows a similar
move in U.S. last month.
Constellation Brands Slashes Fiscal-Year Guidance. The Stock Rises Anyway.
Third-quarter adjusted earnings of $3.19 a share from the beer
and wine seller top analysts' estimates.
Puck Taps Former Twitter Customer Chief as CEO
Sarah Personette will be tasked with helping the news startup
expand into new coverage areas and markets.
Chinese Company That Sparked Fears of Financial Contagion Falls Into Bankruptcy
A calamitous year for Zhongzhi, which was a big player in
China's roughly $3 trillion trust sector, led to worries that the
world's second-largest economy was facing a "Lehman moment."
CVS Names Cowhey Permanent Finance Chief as Guertin Departs
CVS Health said Shawn Guertin, its top finance executive who has
been on a leave of absence since October due to family health
reasons, won't return to the healthcare-services giant.
Shares in European Drinks Makers Drop on China Investigation
Shares in European drinks makers tumbled after the Chinese
government launched an anti-dumping investigation into brandy
imported from the European Union in an escalation of trade tensions
between the regions.
You Can Buy Gold Bars at Costco. But Are They Worth It?
The retailer says that its periodic offers sell out quickly. And
some say it's a pretty good deal, all things considered.
Ecstasy-for-Medicine Advocate Raises $100 Million
MAPS needs the money to fund the final stages of its application
for regulatory approval to sell MDMA, also known as Ecstasy, to
treat post-traumatic stress disorder.
Netflix Considers Ways to Make Money From Videogames
Ideas include charging extra for some games as well as
incorporating ads and in-game purchases.
New Management at Lucky Bucks Sues Former Executives, Alleges Fraud
The slot machine operator formerly known as Lucky Bucks is suing
members of its former management and their affiliates, seeking the
return of approximately $200 million and accusing them of
defrauding the company.
(END) Dow Jones Newswires
January 05, 2024 09:00 ET (14:00 GMT)
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