GE HealthCare's First Solo Earnings Are Strong. It's Bullish on the Future. 
 

The company was spun out of General Electric on Jan 3. It posted fourth-quarter earnings per share of $1.31 and operating income of $844 million from sales of just more than $4.9 billion.

 
TikTok's Chief to Testify Before Congress in March 
 

Shou Zi Chew has agreed to appear before the House Energy and Commerce Committee as Republican lawmakers step up scrutiny of the Chinese-owned video-sharing app.

 
Tesla's Big Price Cuts Spark Backlash 
 

Tesla's decision to slash prices on some vehicles has upset some customers, many of whom paid thousands of dollars more for their cars just weeks earlier.

 
Memory Chip Makers Face a Prolonged Price Slump 
 

Memory-chip prices, which dropped steeply over the past year, are expected to keep falling in the first half of 2023, putting more pressure on an industry that has already cut investments and jobs.

 
TravelCenters of America Plans EV Fast-Charger Build-Out 
 

The truck-stop and gasoline-filling company plans to join with Electrify America in the build-out.

 
Unilever Taps Dairy Boss as New CEO 
 

Hein Schumacher, the head of a European dairy cooperative, will take over in July. Activist investor Nelson Peltz said he strongly supported the appointment.

 
Bed Bath & Beyond's Woes Prompt Landlords to Find New Tenants 
 

After years of shrinking their real-estate footprints, some big-box retailers have shown signs of expanding again.

 
Rout in Adani Stocks, Bonds Deepens 
 

The namesake conglomerate of India's richest man, Gautam Adani, fired back at an American short seller, but the group's 413-page response didn't stop a slide in the shares and bonds of its companies.

 
China's Baidu Developing Its Own ChatGPT, Joining Latest Global AI Race 
 

Baidu plans to integrate the AI-powered chatbot it is developing into its main search engine in March, people familiar with the matter said.

 
U.S.' Tripartite Chip Alliance Should Spook Beijing 
 

The agreenment with Japan and the Netherlands won't completely hamstring China's chip industry, but it sends a strong signal of allied unity.

(END) Dow Jones Newswires

January 30, 2023 09:15 ET (14:15 GMT)

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