News Highlights: Top Company News of the Day - Thursday at 9 AM ET
18 January 2024 - 2:15PM
Dow Jones News
Drugmakers Raise Prices of Ozempic, Mounjaro and Hundreds of Other Drugs
The list prices of 775 brand-name drugs rose during the first
half of January.
TSMC Thinks 2024 Will Repower Chip Sales
The world's largest contract chip maker expects revenue to grow
over 20% this year-a sign the electronics downturn is finally
over.
Target Names Finance Chief Fiddelke Chief Operating Officer
Target has designated its top finance executive, Michael
Fiddelke, to succeed John Mulligan as the retailer's chief
operating officer.
Humana Stock Crumbles as Forecast Cut on Higher Medical Costs
Humana expects fiscal 2023 adjusted earnings of about $26.09 a
share, down from the company's prior estimates of $28.25.
Samsung Kicks Off AI Upsell Cycle
Smartphone and PC makers are banking on AI-enabled devices to
revive sales this year.
One of Biden's Favorite Chip Projects Is Facing New Delays
Taiwanese chip maker TSMC expects to delay production at the
second of two semiconductor plants it is building in Arizona.
Hyundai, Kia Emerge as Tesla's Biggest U.S. Rivals on EVs
A pair of allied Korean carmakers are pushing to launch electric
vehicles ahead of competitors.
Spotify Dominates Audio Streaming, but Where Are the Profits?
The company has expanded beyond music to stay ahead but has
struggled to make money.
Boeing Secures Orders for 150 Max Jets, A Boost Amid U.S. Grounding
Boeing said it had agreed to deliver 150 of its 737 MAX aircraft
to India's Akasa Air, providing a vote of confidence in one of the
industry's fastest-growing markets as the plane maker faces
pressure from regulators over a structural failure involving a
different variant of its MAX jets.
Companies Snap Up New Clean-Energy Tax Credits
A new government program is designed to funnel cash quickly to
renewable-energy developers, potentially accelerating the
transition from fossil fuels.
(END) Dow Jones Newswires
January 18, 2024 09:00 ET (14:00 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.