News Highlights: Top Company News of the Day
December 07 2022 - 09:30AM
Dow Jones News
Campbell Soup Raises Outlook After Sales Rise 15%
Growth was driven by higher prices, though volumes, which have
been shrinking as prices rise, fell 1%.
Elon Musk's Release of Documents Triggers Twitter Lawyer Jim Baker's Exit
Elon Musk said a top Twitter lawyer "was exited," part of the
fallout from the billionaire's unusual release of internal
communications to criticize prior practices at the company.
Lowe's to Buy Back $15 Billion of Stock, Affirms Full-Year Outlook
Lowe's new share repurchases come in addition to the last
program.
TSMC's U.S. Chip Gambit Has Powerful Backers
The Taiwanese chip maker's investment in Arizona won't be enough
to end U.S. reliance on Asia, but the trend is promising.
GSK, Sanofi Shares Jump After U.S. Judge Dismisses Zantac Lawsuit
Tens of thousands of lawsuits alleged that the heartburn
treatment could cause cancer. Complaints are still active in state
courts.
Jeff Bezos's Space Company Bids Again For NASA Moon Lander, After SpaceX Win
A group that includes Blue Origin, Boeing and Lockheed Martin
wants to build a craft to transport astronauts to the moon.
Microsoft Pledges to Put 'Call of Duty' on Nintendo Switch If Activision Deal Is Approved
Microsoft pledged to give Nintendo access to the popular "Call
of Duty" games for a decade if its $75 billion deal to buy the
game's developer, Activision Blizzard, gets approved.
U.S. Watchdog Sanctions KPMG Firms, Audit Professionals
The PCAOB said misconduct included failing to cooperate with an
inspection and cheating on training exams, among other alleged
violations.
Juul Reaches Settlement of Over 5,000 Lawsuits
The deal resolves much of legal uncertainty around the
e-cigarette company, which was accused of marketing to children and
teens.
Airbus Warns It Will Miss Full-Year Delivery Target
Plane maker continues to encounter supply-chain issues.
(END) Dow Jones Newswires
December 07, 2022 09:15 ET (14:15 GMT)
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