News Highlights: Top Company News of the Day - Wednesday at 5 AM ET
10 January 2024 - 10:30AM
Dow Jones News
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.
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.
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.
Walmart Expands Drone Delivery in Dallas as It Races Amazon
Walmart plans to offer drone delivery to most of the region this
year, a major expansion of its effort in recent years to provide
the delivery option to some customers in several states.
Article on Ackman's Wife Triggers Tensions Between Business Insider and Owner
Axel Springer said it is reviewing motivations and procedures
behind an article detailing plagiarism accusations against Neri
Oxman, who has apologized for some instances BI cited.
X Introduces Shows With Don Lemon, Tulsi Gabbard, Jim Rome Amid Video Push
Platform CEO Linda Yaccarino is drawing on her TV roots to try
to turn around the business.
BlackRock to cut 3% of its staff amid a 'rapidly changing' market environment
Investment-management giant BlackRock Inc. plans to lay off
around 3% of its staff, or around 600 employees, the company said
on Tuesday, amid what executives described as a "rapidly changing"
economic backdrop and shifts in client demands.
Rite Aid Approved to Sell Elixir Business for $575 Million
Bankrupt drugstore chain sells its pharmacy-benefit manager
business to a strategic buyer.
Sonos Names Apple Executive Saori Casey as Next Finance Chief
Casey has served in her role at Apple for nearly 13 years,
according to LinkedIn.
(END) Dow Jones Newswires
January 10, 2024 05:15 ET (10:15 GMT)
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