News Highlights: Top Company News of the Day
March 29 2023 - 3:15PM
Dow Jones News
Satellite Operators SES, Intelsat Discuss Merger as Industry Looks to Consolidate
A possible combination could position the two to compete with
Elon Musk's Starlink service.
AI Experts Call for Pause in Technology's Development
Tesla CEO Elon Musk and AI pioneer Yoshua Bengio are among those
who want a moratorium of at least six months to set safety
standards and head off potential harms.
Starbucks's Schultz Faces Tough Questions from Bernie Sanders
The former CEO defended the coffee chain against accusations it
has retaliated against pro-union workers.
Disney Lays Off Marvel Entertainment Chairman Ike Perlmutter
The head of the comic-book publishing division and Nelson Peltz
ally remains one of Disney's largest individual shareholders.
Warner Music Group to Cut 4% of Workforce
The label behind Ed Sheeran and Madonna will eliminate 270 jobs
as it repositions toward growth in technology.
Microsoft Patched Bing Vulnerability That Allowed Snooping on Email
The issue was fixed days before the company launched a new
AI-powered version of the search engine.
UBS Brings Back Former CEO After Credit Suisse Deal
Sergio Ermotti, who previously ran UBS for nine years, will
return as the Swiss bank moves into a new era following the $3.2
billion agreement.
Credit Suisse Violated Plea Deal in Tax Case, Senate Report Says
The Swiss bank, which is in the process of being taken over by
UBS, failed to disclose transfers linked to an ongoing tax
conspiracy, according to the Senate investigation.
Exxon's Climate Opponents Were Infiltrated by Massive Hacking-for-Hire Operation
A charity created by some Rockefeller heirs is among the groups
targeted by hackers. The oil giant hasn't been accused of
wrongdoing.
AMC's stock jumps, but Amazon unlikely to acquire theater chain, analyst says
Amazon would be better off buying a piece of Cineworld,
according to Wedbush analyst Alicia Reese.
(END) Dow Jones Newswires
March 29, 2023 15:00 ET (19:00 GMT)
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