News Highlights: Top Company News of the Day
Credit Suisse Launches Bond Buyback
Credit Suisse said it will spend around $3 billion to buy back
senior bonds to save on interest payments as it prepares to reshape
itself as a smaller and safer bank.
Samsung Expects Profit to Slump
Memory-chip and smartphone businesses are feeling the effects of
curbed consumer spending on tech products.
Twitter-Musk Judge Postpones Trial as Deal Talks Stall
The surprise ruling, granting a request by Elon Musk,
effectively ends negotiations and adds fresh uncertainty to efforts
to close the $44 billion deal. Mr. Musk now has until Oct. 28 to do
Tesla Aims to Deliver First Semitrailer Trucks in December to PepsiCo
Elon Musk said the truck can travel 500 miles on a single
Chevron Faces Challenges Restarting Venezuela's Oil Fields
Analysts and executives are seeking to calculate how much crude
the South American country can produce after years of
Binance Estimates $100 Million Was Stolen in Blockchain Hack
Crypto exchange Binance said late Thursday that $100 million was
likely stolen as a result of a hack on its Binance Smart Chain
Florida Businesses Can't Require Covid Vaccine Proof, Court Rules
The ruling tossed out a lower-court decision that had found the
state's prohibition on proof of vaccination violated the speech
rights of Norwegian Cruise Line Holdings, which challenged it in
Rakuten Group to Sell Stake in Online Brokerage Unit to Mizuho for $551.2 Million
Rakuten Group Inc. has agreed to sell a 20% stake in its online
brokerage unit to Mizuho Securities Co. for $551.2 million and form
a strategic alliance.
Celsius Executives Cashed Out $18 Million in Crypto Before Bankruptcy
Alex Mashinsky withdrew $10 million in tokens before stepping
down as chief executive in late September.
AMD Cuts Revenue Forecast
The company cites a weaker-than-expected PC market and
"significant inventory correction actions across the PC supply
(END) Dow Jones Newswires
October 07, 2022 05:00 ET (09:00 GMT)
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