News Highlights: Top Company News of the Day - Sunday at 11 PM ET
08 January 2024 - 4:15AM
Dow Jones News
Saudis cut crude prices to all regions amid oil-price weakness
Saudi Aramco on Sunday said it would cut crude prices to all
regions, including its largest market in Asia --- a move that comes
amid weaker global oil prices.
Radio giant Audacy files for chapter 11 bankruptcy, as ad sales plunge
Radio and podcast giant Audacy Inc. filed for chapter 11
bankruptcy protection Sunday amid a cratering advertising
market.
Nvidia's New China Pickle: Customers Don't Want Its Downgraded Chips
The tech giant's Chinese buyers are pushing back against the
lower-powered AI chips it hopes to sell to them in response to U.S.
export curbs.
Boeing Is Back in the Spotlight-This Time Over a MAX 9
The aircraft maker's executives race to reassure airlines after
latest incident, as FAA grounds 171 MAX 9 jets
NASA Bets on Private Companies for Moon Landings in 2024
American companies plan as many as five lunar landings this year
for the U.S. space agency and other clients, starting with
Astrobotic Technology's uncrewed Peregrine mission set to launch
Monday.
Elon Musk Has Used Illegal Drugs, Worrying Leaders at Tesla and SpaceX
Some executives and board members fear the billionaire's use of
drugs-including LSD, cocaine, ecstasy, mushrooms and ketamine-could
harm his companies.
Fraud, or Just a Bad Deal? Oligarch and Sotheby's Battle in Court Over Rarefied Art Trade
A Russian billionaire's lawsuit shines light into secretive
finances in the art world's elite tier.
Southwestern, Chesapeake Near $17 Billion Energy Merger
Southwestern Energy and Chesapeake Energy are close to a merger
that would create a roughly $17 billion company and one of the
largest U.S. natural-gas producers.
Big Design-Software Companies Near $35 Billion Deal
Synopsys and Ansys are in exclusive talks and a deal could come
as soon as next week.
General Dynamics Names Kim Kuryea Finance Chief
Jason Aiken, the current CFO, will focus exclusively on the
operating duties of the technologies group, the company said.
(END) Dow Jones Newswires
January 07, 2024 23:00 ET (04:00 GMT)
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