News Highlights: Top Company News of the Day
February 06 2023 - 07:30AM
Dow Jones News
Nissan, Renault Alliance Shake-Up to Give Each More Independence
Nissan and Renault unveiled a long-planned restructuring of
their two-decade-old alliance-a decoupling that falls short of a
full divorce but gives each car company more autonomy after years
Panera Among Restaurant Companies Looking at IPOs
More companies in the restaurant industry are aiming to test
investors' demand for new listings.
AbbVie Aims for New Drugs to Boost Sales as Competitors Target Humira
Drugmaker is turning to next-generation successors to Humira to
replenish billions of dollars in sales that will be lost, and
lifting a self-imposed $2 billion limit on the size of deals it
would do to add products.
Chevron Explores Algerian Gas Plans Amid Russian Sanctions
The oil giant is in talks to clinch a deal in the North African
nation that holds bigger shale resources than the U.S.
Paramount Reveals Plan to Remake Showtime
Premium cable network overhauls slate around franchises after
merger with streamer Paramount+
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.
(END) Dow Jones Newswires
February 06, 2023 07:15 ET (12:15 GMT)
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