News Highlights: Top Company News of the Day - Wednesday at 11 AM ET
January 10 2024 - 10:30AM
Dow Jones News
Amazon Is Laying Off Hundreds at Prime Video, MGM Studios and Twitch
The e-commerce company laid off thousands of employees last year
across several business units.
How Citigroup Can Avoid Another False Dawn
The bank's stock has outperformed in recent months, but coming
reports may be key.
Lowe's Starts Reward Program for DIYers. Tractor Supply Shows How It Can Help Sales.
While loyalty programs have become commonplace for retailers,
the home improvement sector is still in early stages.
Equinix Raises Debt Abroad to Clip Interest Costs
The Redwood City, Calif.-based data-center operator last year
raised debt in Switzerland and Japan, and is looking for more
low-rate jurisdictions, its CFO says.
Maruti Suzuki Plans to Invest $4.21 Billion in New India Plant
Maruti Suzuki plans to invest $4.21 billion to build a new
automobile production plant in India's Gujarat state.
Frasers Property Owners Could Sell Company as Part of Strategic Review
Frasers Property's majority owners could sell the company or
some of its assets as part of a strategic review, people familiar
with the situation said.
Brick-Filled Boxes. Bogus Receipts. Retailers Battle Fraudulent Returns.
More than $100 billion in merchandise was returned fraudulently
in the U.S. in 2023, retailers say, up sharply since 2020.
Hewlett Packard Enterprise Strikes Big Deal for Juniper Networks
The transaction marries two legacy tech providers seeking a leg
up in AI.
Boeing CEO Says Company Needs to Acknowledge 'Our Mistake'
David Calhoun tells staff that Boeing needs to address fallout
from the latest quality problem.
U.S. Battery Producer Enticed to Set Up Shop in the EU
GDI's silicon anodes can help cut reliance on Chinese materials,
but the startup plans to build its first factory in Germany with EU
funding.
(END) Dow Jones Newswires
January 10, 2024 11:15 ET (16:15 GMT)
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