News Highlights: Top Company News of the Day
February 06 2023 - 05:30AM
Dow Jones News
Nissan to Take Stake in Renault's New EV Unit
Nissan plans to invest for an up to 15% stake in Renault's new
electric-vehicle company, as the auto makers formally announced
their alliance's reorganization.
Uber, Disney Set to Report During Lackluster Earnings Season
The results will shed light on the evolving state of the economy
as companies face a streak of layoffs, consumers slow their
spending, and the Fed works to quell inflation.
Newmont Proposes $17 Billion Takeover of Australia's Newcrest Mining
U.S. gold producer makes second offer after Newcrest rejected an
earlier proposal as too low
Public Storage Bids for Rival in Unsolicited $11 Billion Offer
The smaller rival, Life Storage, rebuffed the company's
overtures in December and January.
Carlyle to Name Banking Veteran Harvey Schwartz as CEO
Carlyle Group Inc. plans to name investment-banking veteran
Harvey Schwartz its new chief executive, as the private-equity
firm's founders seek a fresh start after a botched succession
Judge Releases Decision Approving Meta's Virtual-Reality Deal
The unsealed ruling lays out the FTC's loss of its bid to block
the Facebook parent company's acquisition.
Oil Industry's Windfall Fails to Excite Wall Street
The biggest Western oil companies, Exxon, Chevron and Shell,
have delivered record profits, but investors are still wary.
Woodside, Partners Make New Push to Advance Greater Sunrise Project
A consortium took a step toward developing a stalled natural-gas
project near East Timor after the country's president last year
warned that a continued impasse could open the door to investment
Adani Offshore Investor Has Links to Adani Family
U.S. short seller Hindenburg Research's allegations of fraud by
the conglomerate owned by Indian billionaire Gautam Adani center on
whether his family wielded influence over Mauritius-based
For Elon Musk, Two Cases About His Tweets, and Two Victories
The Tesla CEO's willingness to bet on himself and his
convictions have been rewarded, furthering his reputation as a
maverick willing to fight rather than bow to pressure.
(END) Dow Jones Newswires
February 06, 2023 05:15 ET (10:15 GMT)
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