News Highlights: Top Company News of the Day
09 February 2023 - 2:15AM
Dow Jones News
Fatal Tesla Crash in 2021 Is Tied to Excessive Speed
A National Transportation Safety Board report indicates that
Autopilot driver-assistance features weren't engaged.
Abbott Laboratories to Acquire Cardiovascular Systems At Equity Value of $890M
The deal is expected to boost Abbott's vascular disease
offerings.
Twitter Users Say They Can't Send Direct Messages
The ability to send tweets was temporarily unavailable. The
glitches follow an announcement that certain U.S. subscribers could
write longer tweets.
Post to Buy Pet Food Brands From J.M. Smucker for $1.2 Billion
The deal, which includes the 9Lives, Rachael Ray Nutrish, Gravy
Train and other brands, marks the food giant's entry into the
pet-foods market.
SpaceX Limits Ukraine's Military Use of Starlink Satellite Business
Executive Gwynne Shotwell says the company didn't intend for the
communications network 'to be weaponized.'
Siemens Profit Falls, but Company Raises Outlook for Year
The industrial and technology firm sees higher revenue and
earnings in the current business year.
MGM Resorts Shares Rise on Higher Quarterly Revenue, Share Buyback Program
Shares of MGM Resorts International increased 5% to $43.51 in
after-hours trading on Wednesday after the casino operator logged
better-than-expected revenue for the fourth quarter and set a $2
billion share repurchase program.
Southwest Executive to Tell Congress Airline 'Messed Up' in Holiday Meltdown
The head of its pilots' union is expected to testify that the
carrier was warned about outdated technology.
Robinhood Will Try to Buy Back Sam Bankman-Fried's Shares
The company's stock jumped in after- hours trading following the
announcement of its plans in its quarterly earnings report.
Disney Plans to Cut 7,000 Jobs, $5.5 Billion in Costs
Newly reinstated CEO Robert Iger outlined a major reorganization
that gives more power to the company's content executives and puts
a greater emphasis on sports media.
(END) Dow Jones Newswires
February 08, 2023 21:00 ET (02:00 GMT)
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