News Highlights: Top Company News of the Day
Overseas Baby-Formula Makers Given Path to Keep Selling in U.S.
Overseas makers of baby formula must send a letter to the FDA by
Dec. 5 stating their intent to continue formula sales and that they
will complete all regulatory requirements.
Carnival Stock Sinks as Discounting Dings Earnings
The cruise giant's third-quarter results missed expectations
amid higher costs and more discounts.
Société Générale Names Slawomir Krupa as New CEO
The French lender named its investment-banking head as its next
chief executive, 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
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
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
(END) Dow Jones Newswires
September 30, 2022 15:15 ET (19:15 GMT)
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