News Highlights: Top Company News of the Day
Alzheimer's Drug Slows Disease Progression in Trial
Eisai and Biogen said their experimental Alzheimer's drug
significantly slowed progression of the memory-robbing disease in a
large study, bolstering the drug's prospects of approval.
Apple won't boost production of iPhone 14 due to slower demand: report
Bloomberg News reported Tuesday night that an expected surge in
demand failed to materialize.
Chinese Developer CIFI Shares Dive Amid Default Concerns
Shares of CIFI Holdings fell sharply on Wednesday, following
reports that an entity related to the Chinese developer had missed
a debt payment.
Banks Fined $1.8 Billion Over Use of Banned Messaging Apps
Eleven banks and brokerages, including Goldman Sachs and Bank of
America, admitted they violated rules that require storage of
Tyson Foods Promotes Chairman's Son to CFO Role
Tyson promoted the chairman's son to be its new finance chief as
the meat producer navigates higher costs for worker wages and
Goldman Sachs Banks $9.7 Billion for Buyouts
Goldman Sachs's asset-management arm collected $9.7 billion for
its latest private-equity fund to invest in buyouts after almost
two years of raising capital for the vehicle.
Cal-Maine says avian flu could continue to hit egg supplies after this year
Shares of Cal-Maine Foods Inc. reports mixed quarterly results
and warns that the avian flu outbreak will continue to hit egg
supplies this year "and possibly beyond."
Airfares in Focus as American-JetBlue Antitrust Trial Begins
The Justice Department says internal company documents show the
airlines' partnership in the Northeast hurts competition, but the
carriers say real-world evidence is in their favor.
Blackberry stock slips even as results come in above expectations
BlackBerry Ltd. shares slipped in the extended session Tuesday
even after the cybersecurity and IoT company's results exceeded the
Wall Street consensus.
Meta Shuts Down Influence Efforts Started in China, Russia
The Facebook parent removed separate networks that were running
covert influence campaigns related to U.S. politics and the war in
(END) Dow Jones Newswires
September 28, 2022 05:15 ET (09:15 GMT)
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