News Highlights: Top Company News of the Day - Tuesday at 5 PM ET
16 January 2024 - 10:30PM
Dow Jones News
Judge Blocks JetBlue's $3.8 Billion Acquisition of Spirit
The judge agreed with the Justice Department that the deal would
eliminate a competitor important to price-conscious travelers.
Goldman Scores a Win With Sharply Higher Earnings
The strength wasn't in Goldman's traditional powerhouses,
investment banking and trading.
Morgan Stanley Earnings Didn't Look That Bad. The Stock Is Tumbling.
The company says results were affected by a settlement with
regulators over block-trading fraud charges and by a charge related
to an FDIC special assessment.
Supreme Court Denies Petitions on Apple, Epic Appeals
The rejection of Apple's appeal attempt could create new options
for companies such as Netflix and Spotify to sign up customers.
Wall Street's Cloudy Quarter Has Some Rays of Sunshine
Strength in capital raising can help boost banks in a tough
environment for lending.
Uber Is Closing an Alcohol-Delivery Business It Bought for Over $1 Billion
Drizly will shutter in March after it was acquired by Uber in
2021.
Boeing's stock enters bear market as FAA probe opens 'a whole new can of worms'
Boeing's stock kept falling Tuesday, enough to enter
"bear-market" territory, after a downgrade by Wells Fargo, which
said there's a good chance the FAA's investigation won't be
"clean."
Synopsys to Acquire Ansys in $35 Billion Deal
The deal adds simulation software to Synopsys's chip-design
offerings and expands the industries it targets.
Elon Musk Seeks Greater Control Over Tesla Ahead of AI Advancements
The billionaire said in a post to X that he feels uncomfortable
making the auto company a champion of artificial intelligence
without holding about 25% of the company.
Shell Suspends Red Sea Shipments Amid Fears of More Houthi Attacks
"We'll have to see whether this becomes a longer-standing
issue," CEO Wael Sawan told The Wall Street Journal in Davos.
(END) Dow Jones Newswires
January 16, 2024 17:15 ET (22:15 GMT)
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