News Highlights: Top Company News of the Day - Tuesday at 11 AM ET
January 09 2024 - 10:30AM
Dow Jones News
Boeing Stock Is Falling Again. More Loose Parts Were Found on MAX 9 Jets.
The National Transportation Safety Board confirmed that part of
the Alaska Air plane fuselage blew off at 16,000 feet.
Rent the Runway to Cut About 10% of Corporate Jobs, Lose Operating Chief
The fashion subscription company has established another
restructuring plan that includes cutting about 10% of its corporate
roles.
Volkswagen, BMW Sales Jump But Industry Foresees Bumpier Roads
Volkswagen and BMW sales rose last year but analysts predict a
tougher road ahead for the European car industry.
Instagram and Facebook Will Stop Treating Teens Like Adults
The effort to curb harmful material and reduce unwanted
interactions with teen social-media accounts come as states are
suing parent company Meta.
Microsoft's OpenAI Investment Could Face EU Probe
The EU is considering whether to launch a review of Microsoft's
investment in ChatGPT maker OpenAI under the bloc's merger
regulations, a month after the U.K. said it was also considering
whether the tech partnership could have an impact on
competition.
Tinder Owner Match Draws Elliott Investment
The activist has a roughly $1 billion stake and intends to meet
with Match to discuss ways to improve the online dating company's
performance.
SandboxAQ Buys Good Chemistry, Melding AI and Quantum Tech for Drug Discovery
The deal, worth around $75 million, highlights growing
commercial demand for new ways of simulating and designing drugs as
well as developing new materials.
Hewlett Packard Enterprise Near Deal to Buy Juniper Networks
The deal could be unveiled this week, valuing Juniper at roughly
$13 billion.
PepsiCo, Grocery Giant Bicker Over Who Dumped Whom
The snacks and soda company said it decided to stop selling to
Carrefour after a price dispute. The supermarket chain said it made
the decision.
United, Alaska Find Loose Parts on Some Boeing 737 MAX 9 Jets
The airlines are inspecting the aircraft grounded by the Federal
Aviation Administration after a door-plug blowout on an Alaska
Airlines flight.
(END) Dow Jones Newswires
January 09, 2024 11:15 ET (16:15 GMT)
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