News Highlights: Top Company News of the Day
March 24 2023 - 3:15PM
Dow Jones News
First Republic Bank Founder Earned a Big Pay, as Did Family Members
The bank paid a consulting company owned by the founder's
brother-in-law and employed the founder's son.
American Airlines to Temporarily Suspend Route Due to Boeing Dreamliner Delays
The airline will suspend the Philadelphia-Madrid route for
several weeks in May and early June.
Lawmakers' Drive to Rein In TikTok Intensifies
Momentum in Congress to crack down on the app is growing after
Shou Zi Chew failed to win over lawmakers in a marathon
hearing.
Microsoft-Activision Deal Gets Lift as U.K. Narrows Probe
The U.K.'s top competition authority said it was narrowing the
scope of its probe into the $75 billion deal, saying that it no
longer is concerned that it could lessen competition in console
gaming.
Deutsche Bank Stock Tumbles on Contagion Fears
The selloff thrusts one of Europe's most important lenders into
the center of concerns about the health of global financial
system.
Ally Financial Names Goldman Sachs Executive as Next CFO
Russell Hutchinson, COO for global mergers and acquisitions at
Goldman Sachs, will join the digital-bank operator and auto lender
as finance chief in July.
Twitter to Remove Legacy Blue Check Marks Starting April 1
Only paying users will be verified once the change is
implemented.
Marlboro Maker Plots Life After Juul
Altria has a new plan to shift its business toward less-harmful
products, after a string of failures-and says this time it will
work.
Axios's Software Business Raises Cash to Fund AI Expansion
The CEO says the plan is to build new
artificial-intelligence-powered communication tools with the help
of ChatGPT creator OpenAI.
Ford to Build 500,000 EV Trucks a Year at Tennessee Plant
The U.S. auto maker revealed the target, along with plans to
make its next-generation EV truck at a new factory site in
Tennessee, which starts production in 2025.
(END) Dow Jones Newswires
March 24, 2023 15:00 ET (19:00 GMT)
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