News Highlights: Top Company News of the Day
February 06 2023 - 03:15PM
Dow Jones News
Google Opens Testing of ChatGPT Rival, as Artificial Intelligence War Heats Up
CEO says the Alphabet unit will launch the service, called Bard,
more broadly to the public in coming weeks.
Tech Giants' Cloud Pains Aren't Shared Equally
The tech slowdown is finally hitting the cloud. The largest
player might be paying the biggest price.
Tyson Foods Profit Declines as Beef Price Drops
Profit margins from the meat processor's beef division have come
under pressure as consumer demand softens for premium cuts of beef
and as cattle herds shrink.
Dell to Cut 5% of Workforce
The computer maker said it is reorganizing certain teams as
market conditions continue to erode.
FAA Seeks to Fine United Airlines Over Safety Checks
The regulator alleges that the airline removed a check of its
Boeing 777 aircraft's fire warning system from preflight checklists
in 2018.
Adani Group Plans $1.1 Billion Loan Repayment After Share Collateral Plummets
The group said its founders will prepay the loan that was backed
by shares of some of its companies, a move to shore up investor
confidence.
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
of tensions.
AMC to Charge More for Better Movie Theater Seats
The theater chain's move comes as its box-office performance
remains below its prepandemic pace.
Footwear's Trendy Comeback: Retail
Shoe brands are turning back to the wholesale channel.
Panera Among Restaurant Companies Looking at IPOs
More companies in the restaurant industry are aiming to test
investors' demand for new listings.
(END) Dow Jones Newswires
February 06, 2023 15:00 ET (20:00 GMT)
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