News Highlights: Top Company News of the Day
05 January 2024 - 4:15AM
Dow Jones News
SpaceX Sues Labor Board Over Employee Firings
At issue is the company's decision to fire several SpaceX
employees who circulated a letter critical of Elon Musk in
2022.
Exxon Mobil Expects Up to $2.6 Billion in Upstream Impairments
Exxon Mobil is expecting up to $2.6 billion in impairments in
the fourth quarter for its upstream business, mostly related to
idled assets in California.
Supermarket Giant Drops Pepsi and Lay's Over Price Increases
Carrefour stopped selling PepsiCo products in France, Italy,
Spain and Belgium because of what it called unacceptable price
increases.
Amer Sports files initial public offering with 21 underwriters and $3.5 billion in 2022 revenue
Company owns Arc'teryx, Salomon, Wilson, Peak Performance, and
Atomic brands.
New Management at Lucky Bucks Sues Former Executives, Alleges Fraud
The slot machine operator formerly known as Lucky Bucks is suing
members of its former management and their affiliates, seeking the
return of approximately $200 million and accusing them of
defrauding the company.
Covid-19 Treatment Developer Humanigen Files for Bankruptcy
California-based company says FDA's rejection of lenzilumab is a
major cause of its financial troubles.
Octopus Energy Has Texas-Size Ambitions
Britain's biggest electricity retailer is using AI in its
Uber-like approach to overcome the intermittence of wind and solar
power.
Walgreens' stock turns sharply lower after dividend halved to bolster cash flow
Walgreens Boots Alliance's stock rallied Thursday, after the
drugstore chain and healthcare services company beat fiscal
first-quarter earnings expectations, and nearly halved its dividend
to bolster its cash position.
Rocket Cos. Hires Former Airbnb CMO Jonathan Mildenhall as Its CMO
The marketing veteran will be responsible for creating a more
unified voice for the company's businesses.
DocGo CEO Defends Performance on New York City Migrant-Care Contract
DocGo Chief Executive Lee Bienstock is standing by the
mobile-healthcare company's performance under a controversial
migrant-care contract awarded by New York City.
(END) Dow Jones Newswires
January 04, 2024 23:00 ET (04:00 GMT)
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