News Highlights: Top Company News of the Day
December 09 2022 - 07:30AM
Dow Jones News
TotalEnergies Will Take $3.7 Billion Writedown on Novatek Stake
The French energy giant also withdrew its directors from the
Russian gas producer's board, as part of its efforts to scale back
business in Russia following the invasion of Ukraine.
Workers at GM-LG Battery Plant in Ohio Vote to Unionize
The result is a win for the UAW, which plans organizing
campaigns at a slew of U.S. battery factories slated to open in
Former Apple Executive Says Company Blundered by Firing Him After TikTok Video
The tech giant, which is grappling with supply delays in China,
has lost top negotiator Tony Blevins, who says he was quoting a
movie when he made a joke on video at a car show.
Google Ad Software Disrupted for Publishers Large and Small
The malfunction, which lasted more than 2 1/2 hours, affected
software that places digital ads on websites.
Costco Sales Growth Cools as Consumers Shift Discretionary Spending
The warehouse retailer posts a year-over-year increase in
Chinese Property Developers Rise as Sunac Advances Debt Restructuring Plan
Shares of Chinese real-estate companies led the Hong Kong
market's upturn, as Sunac unveiled progress in restructuring its
debt that could bode well for other private developers.
TotalEnergies Writes Off Novatek Stake, Withdraws Directors
TotalEnergies said it would book an impairment of around $3.7
billion to write off the value of its stake in Novatek and
immediately withdrew its directors from the board of the Russian
FTC Sues to Block Microsoft's Acquisition of Activision Blizzard
The antitrust enforcer sued Microsoft to prevent its planned $75
billion deal for Activision Blizzard, taking one of its biggest
shots under the Biden administration at halting a merger of
Auto-Safety Regulators Seek Answers on Potentially Explosive Air-Bag Inflators
The NHTSA sent letters to car companies this week as part of
ongoing investigation that covers an estimated 51 million
MidOcean to Exit Stake in Nutrabolt With Keurig Dr Pepper Deal
The midmarket private-equity firm initially acquired a minority
stake in the sports-drink company in 2014
(END) Dow Jones Newswires
December 09, 2022 07:15 ET (12:15 GMT)
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