News Highlights: Top Company News of the Day
September 30 2022 - 1:30PM
Dow Jones News
Carnival Stock Sinks as Discounting Dings Earnings
The cruise giant's third-quarter results missed expectations
amid higher costs and more discounts.
Société Générale Set to Name Slawomir Krupa as New CEO
The French lender is set to name its investment-banking head as
its next chief executive, according to people familiar with the
decision, replacing Frédéric Oudéa.
Elon Musk Set to Unveil Tesla's Humanoid Robot Optimus
The prototype, which the CEO aims to show off at a company's AI
event Friday, is part of his effort to shape public perception of
the company as more than just a car maker.
FTC Accuses Pesticide Makers of Inflating Prices for Farmers
The Federal Trade Commission filed a lawsuit accusing two
agricultural chemical suppliers of artificially inflating prices
for farmers.
Exxon CEO Warns Biden Administration Against Limiting Fuel Exports
Exxon is arguing against the push to get energy companies to
slow overseas shipments and stash more fuel in storage tanks.
Altria Decides to Compete With Juul in Vaping
Altria Group said it is preparing to end its noncompete
agreement with Juul Labs, giving Juul's largest shareholder the
flexibility to acquire another e-cigarette brand or develop its own
new vaping products.
China's Challenger to Boeing and Airbus Clears Major Hurdle
China's aviation regulator issued a key certificate for the
country's first homegrown narrow-body passenger jet, Xinhua News
Agency said Friday, one major regulatory hurdle to begin carrying
passengers.
Aston Martin, James Bond's Go-To Sports Car, Sells Stake to Geely
The Chinese automotive powerhouse, which already owns Volvo and
Lotus, bought 7.6%.
Breakfast Is the Most Important Meal of the Day. For Fast Food.
As Americans return to offices, Wendy's and other fast-food
chains are competing to lure morning commuters with sandwiches,
coffee and smartphone apps
For Some Luxury Brands, Selling Up May Be as Important as Selling
Burberry's new creative designer Daniel Lee could lure new
shoppers-and perhaps a deep-pocketed buyer too.
(END) Dow Jones Newswires
September 30, 2022 13:15 ET (17:15 GMT)
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